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429 E 3rd Avenue, New Smyrna Beach, FL, 32169
Waterfront Development Opportunity in New Smyrna

429 E 3rd Avenue New Smyrna Beach, FL 32169

For Sale
$15,750,000

Beachside Intracoastal access development opportunity near shopping and dining.

Lot Size11.73 Acres
Days on Market975

Property Features for 429 E 3rd Avenue

General Information

Standard status
Active
Lot size
11.73 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
1700
Listing Agency: Collado Real Estate
Listed By: Patricia Collado · License #636547
Source: Exitrealty
Added: Nov 25, 2023 Changed: Jul 10 Last Checked: Jul 26 at 6:21AM

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 Collado Real Estate


Investment Insights

Based on property information with market context.

This waterfront development opportunity is located just east of the New Smyrna Beach Intracoastal Waterway bridge on the south side of 3rd Avenue, offering approximately 1,000 feet of waterfront. The site is fully entitled for a Hyatt Place PUD site plan, valid through 5-27-27. Situated on A1A/3rd Ave, the property overlooks the Intracoastal Waterway access and Indian River Lagoon estuary. This location serves as the primary beach access from the Orlando Metro Area and acts as a gateway to New Smyrna Beach and the 3rd Avenue business district, which features shopping, dining, and entertainment. Nearby attractions include historic Canal St and Flagler Ave, with the Atlantic Ocean beaches a short walk away. The site is 20 minutes from Daytona International Airport and 1 hour from Orlando Airport and attractions. New Smyrna Beach has been voted BEST BEACH for 8 years in a row by readers of Orlando Sentinel and is known for its abundant fishing coves. The city of New Smyrna has identified this site as a high priority for redevelopment, presenting a significant opportunity to develop in a rapidly growing Central Florida beach market. The property includes parcels #741605240102, 741506240101, and 741600030010.

Key Highlights

  • Waterfront property with approximately 1,000 ft of Intracoastal access
  • Fully entitled Hyatt Place PUD site plan (SP‑30‑18) valid through 5‑27‑27
  • Prime location on A1A/3rd Ave, the primary beach access from Orlando

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Building Supply Law Firm Auto Repair Shop Auto Parts Store HVAC Service Dental Office Parking Lot & Garage Grocery & Convenience Store Accounting Firm Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Beachside Intracoastal access development opportunity near shopping and dining.
Where is this commercial 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: Waterfront property with approximately 1,000 ft of Intracoastal access; Fully entitled Hyatt Place PUD site plan (SP‑30‑18) valid through 5‑27‑27; **Prime location on A1A/3rd Ave, the primary beach access from Orlando**
More about this property
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