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390 Sugar Mill Dr New Smyrna Beach, FL 32168

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For Sale
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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

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Listing Contact
Andrew Black

Listing Agency: CENTURY 21 Sundance Realty Listing Agent: Andrew Black

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

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

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy

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
-80.981888
Latitude
29.02052

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.
(386) 299-7936 Call to check price and availability
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