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Property profile

0 Hardy Ave New Smyrna Beach, FL 32168

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 132,858 square foot commercial land parcel in New Smyrna Beach, Florida, presents a unique development opportunity. Located in the desirable Turnbull Shores area, this property comprises three parcels (633601007940, 633601007710, and 633601007650) and includes twenty individual lots, allowing for diverse development options within New Smyrna Beach building codes. Two existing homes are situated on the property: a 1,555 sq ft concrete block home at 2910 Hardy Ave, completely renovated with hurricane-proof features, and a 1,992 sq ft frame home at 2918 Hardy Ave. The renovated home could serve as a model home or office space. The property's prime location offers convenient access to Daytona International Airport and NSB Municipal Airport, as well as the Turnbull Bay boat launch. Nearby amenities include the New Smyrna Sports Complex, a 69-acre Ecological Preserve, and the Atlantic Center for the Arts, a renowned hub for artistic expression. This property is priced at $1,650,000 and offers unparalleled potential for creating a thriving residential or commercial development within a vibrant and sought-after community. The opportunity to build your vision in this desirable location is now available.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hardy Ave New Smyrna Beach, FL 32168
New Smyrna Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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