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    613 Bay Dr New Smyrna Beach, FL 32168

    Sponsored
    For Sale
    $395,000

    1+ Acre, Deep Water Canal, Build Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 45,738 square foot commercial lot in New Smyrna Beach, Florida, presents a unique development opportunity. Located at 613 Bay Drive, zip code 32168, this cleared property boasts 111 feet of waterfront access on Turnbull Creek, navigable to the Intracoastal Waterway. The lot's depth extends 374 feet, providing ample space for substantial construction. Existing infrastructure includes a fresh water well, city water, and electricity connections. A natural stone/concrete seawall protects the waterfront, and rebar markers delineate the property line. The tranquil setting offers a blend of rural charm and proximity to the beaches of New Smyrna Beach, Ponce Inlet, and Daytona Beach. Note that an RV currently on the lot belongs to a neighbor and is not included in the sale. A survey is available upon request. The asking price for this remarkable property is $395,000.

    Property Features for 613 Bay Dr

    General Information

    Property type
    Land

    HighLights

    • Exceptional 45,738 SF commercial lot in New Smyrna Beach, FL (32168).
    • 111' of waterfront on Turnbull Creek, navigable to the Intracoastal Waterway.
    • 374' deep lot with ample space for development.
    • Existing infrastructure: fresh water well, city water, and electricity.
    • Protected waterfront with a natural stone/concrete seawall.
    • $395,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Dental Office Hair Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Accounting Firm Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    New Smyrna Beach
    County
    Volusia
    State
    Florida
    Longitude
    -80.9582987
    Latitude
    29.0279786

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    FAQs

    What type of property is this?
    Land - 1+ Acre, Deep Water Canal, Build Ready
    Where is this land located?
    The property is located at 613 Bay Dr New Smyrna Beach, FL.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Exceptional 45,738 SF commercial lot in New Smyrna Beach, FL (32168).; 111' of waterfront on Turnbull Creek, navigable to the Intracoastal Waterway.; 374' deep lot with ample space for development.
    Request Owner's contact information
    613 Bay Dr New Smyrna Beach, FL 32168
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    New Smyrna Beach, FL 32168
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    613 Bay Dr New Smyrna Beach, FL 32168
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