390 Sugar Mill Dr New Smyrna Beach, FL 32168

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.