390 Sugar Mill Dr New Smyrna Beach, FL 32168
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7.5 Acres, Multifamily Potential, I-95 Proximity
Property Features for 390 Sugar Mill Dr
General Information
- Property type
- Multifamily properties
Listing Agency: CENTURY 21 Sundance Realty Listing Agent: Andrew Black
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 7.5-acre commercial property, located at 390 Sugar Mill Drive in New Smyrna Beach, Florida, presents a compelling investment opportunity. The site boasts a total of 326,700 square feet of cleared land, encompassing two parcels (PID 731500000121 and PID 731500000125), and includes an existing pond. Its strategic location offers convenient access to Interstate 95 and State Road 44, placing it within close proximity to the proposed site of the new AdventHealth Hospital. The property is zoned for multifamily development, with future county zoning (UMI) potentially allowing up to eight multifamily units per acre, subject to verification. This presents significant potential for high-density residential construction. The asking price for this prime development land is $1,275,000. All information is deemed reliable but not guaranteed and should be independently verified by the buyer. The property is classified as Land and Multifamily, specifically a Commercial Apartment Building (Duplex/Triplex/Quadruplex). The zip code is 32168, and the property is situated in Volusia County.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Small apartment buildings
Location Insight
- Map
- Local Demand
- City
- New Smyrna Beach
- County
- Volusia
- State
- Florida
- Longitude
- -80.981888
- Latitude
- 29.02052
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - 7.5 Acres, Multifamily Potential, I-95 Proximity
Where is this multifamily property located?
The property is located at 390 Sugar Mill Dr New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 7.5-acre commercial land in New Smyrna Beach, FL, at 390 Sugar Mill Drive.; 326,700 square feet of cleared land, comprised of two parcels (PID 731500000121 and PID 731500000125), including a pond.; Excellent access to I-95 and SR 44, near the proposed AdventHealth Hospital.