Waterfront Development Opportunity Near
For Sale
$15,750,000
Pending
429 E 3rd Avenue, New Smyrna Beach, FL 32169
Waterfront property entitled for Hyatt Place near New Smyrna Beach.
Property Size562,740 SF
Days on Market169
Property Features for 429 E 3rd Avenue
General Information
Standard status
Pending
Size
562,740 SF
Zoning
PUD
Taxes and HOA fees
Annual Taxes
$33,357
Building Details
Building Size
562,740 SF
Year Built
2023
Listed By:
Louis Salvemini
(352) 536-3714
Source:
Sunbrightrealty.idxbroker
Added: Mar 26
Changed: Sep 8
Last Checked: Sep 9 at 5:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Louis Salvemini
Investment Insights
Based on property information with market context.
This waterfront property offers a beachside development opportunity with Intracoastal access, situated just east of the New Smyrna Beach Intracoastal Waterway bridge on the south side of 3rd Avenue. The site features approximately 1,000 feet of waterfront. It is fully entitled for a Hyatt Place PUD site plan no. SP-30-18, valid through 5-7-27. The property occupies a prime location on A1A/3rd Ave, overlooking the Intracoastal Waterway access and Indian River Lagoon estuary. As the primary beach access from the Orlando Metro Area, this property serves as a gateway to New Smyrna Beach and the 3rd Avenue business district, which includes shopping, dining, and entertainment options. Nearby attractions include the historic Canal St and Flagler Ave. The site is within walking distance of the Atlantic Ocean beaches, 20 minutes from Daytona International Airport, and one hour from Orlando Airport and attractions.
Key Highlights
- Fully entitled for a Hyatt Place PUD site plan (SP‑30‑18) good through 5‑7‑27.
- Prime waterfront location with approximately 1,000 ft of Intracoastal access.
- Overlooking the Intracoastal Waterway access and Indian River Lagoon estuary.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
Explore this area
Business Placement
Demographics for 32169, FL
10,621
Population
12,339
Households
0.9
Avg Household Size
63
Median Age
49%
College-Educated
98%
High-School Grad
16.2 sq mi
ZIP Area
656
Density / Sq Mi
$99,260
Median Household Income
$65,500
Median Earnings
$1,754
Median Rent
$485,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Waterfront property entitled for Hyatt Place near New Smyrna Beach.
Where is this waterfront land located?
The property is located at 429 E 3rd Avenue New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $15,750,000.
What are key features of this property?
This property features: Fully entitled for a Hyatt Place PUD site plan (SP‑30‑18) good through 5‑7‑27.; Prime waterfront location with approximately 1,000 ft of Intracoastal access.; Overlooking the Intracoastal Waterway access and Indian River Lagoon estuary.
