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Property profile & analytics
OFF-MARKET
Small apartment buildings

1809 Hill St New Smyrna Beach, FL 32169

Property ID
US18-6310187
Property summary
AI-generated overview

This exceptional 24,228.07 square foot lot presents a unique investment opportunity in the desirable New Smyrna Beach, Florida. Located at 1809 Hill Street, this half-acre parcel boasts a prime oceanfront corner location at the intersection of Hill Street and 9th Avenue. Zoned for either single-family or duplex development, the property offers unparalleled flexibility for discerning buyers. The existing zoning allows for short-term rentals, opening doors to lucrative income streams. Imagine building your dream beach home or creating a high-demand rental property, just steps from the ocean's edge. This location provides easy access to the vibrant beachside community, with its array of shops, restaurants, and all the amenities of coastal living. The asking price for this remarkable property is $2,000,000. Don't miss this rare chance to acquire a piece of beachfront paradise with significant development potential. The property's address is 1809 Hill Street, New Smyrna Beach, FL 32169, situated in Volusia County. This is a first-time offering, presenting a truly exceptional opportunity in a highly sought-after location. The property's size and location make it an ideal candidate for a variety of development projects, catering to both residential and investment goals. The potential for high returns makes this a compelling investment for both seasoned developers and those seeking a unique coastal property.

Property profile
Verified
Property type Small apartment buildings
UPID US18-6310187
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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