$15,750,000
429 3rd Avenue
New Smyrna Beach, FL 32169
About this home
Waterfront beachside Intracoastal access development opportunity just east of the New Smyrna Beach Intracoastal Waterway bridge on the south side of 3rd Avenue with approximately 1,000 ft of waterfront. Fully entitled for a Hyatt Place PUD site plan no. sp-30-18 good through 5-7-27. Prime location on A1A/3rd Ave overlooking the Intracoastal Waterway access and Indian River Lagoon estuary. This is the primary beach access from the Orlando Metro Area. This property is the gateway to New Smyrna Beach and the 3rd Avenue business district which features shopping, dining, entertainment, nearby historic Canal St and Flagler Ave. It is located a short walk to the Atlantic Ocean beaches, 20 minutes to Daytona International Airport, 1 hour to Orlando Airport and attractions. New Smyrna Beach is voted BEST BEACH for 8 years in a row by readers of Orlando Sentinel and is well known for its abundant fishing coves. This site has been identified by the city of New Smyrna as having a high priority for redevelopment. This is a great opportunity to develop in a rapidly growing Central Florida beach market. Includes parcels #741605240102, 741506240101, 741600030010.
Estimated monthly payment
$89,639/mo
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history884 days on market
- Status: ActiveNov 25, 2023
- Listed$18,000,000Nov 25, 2023
- Price reduced$15,750,000
Virtual Tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Hotel/Motel
- Status
- Active
- Days on market
- 884
- County
- Volusia
- Year built
- 2023
- Price/sq ft
- $28
- Building area
- 562,740 sq ft (Public Records)
- Lot size
- 562,740 sq ft
- Lot category
- 10 to less than 20
- Flood zone
- x500
- Annual taxes
- $33,357 (2022)
- Parcel #
- 74-16-05-24-0100
- Zoning
- PUD
- MLS #
- O6159759
Interior Details
- Direction faces
- North
Heating & Cooling
- Cooling
- None
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Other
Exterior & Construction
- Construction materials
- Other
- Foundation
- Other
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Listing Details
- Listing date
- 2023-11-23
- On market date
- 2023-11-25
- Original list price
- $18,000,000
- MLS area
- 32169 - New Smyrna Beach
- Listing AOR
- New Smyrna Beach Board of Realtors
- Status changed
- 2023-11-25
- Tax legal description
- 16-17-34 PORTION OF LOTS 9 THRU 11 BLK 24 DETWILERS 1ST ADDI TION NEW SMYRNA BEACH MB 7 PG 85 MB 22 PG 129 & INC PORTION OF GOVT LOT 5 AS DESCRIBED IN OR 7612 PG 2206 PER OR 5672 PG
Location
- Flood zone
- x500
Directions
SR 44 East to beachside. Go over the Intracoastal Waterway Bridge after 1st light it is on the right past Dunkin Donuts before Starbucks. (3rd Ave is A1A or Atlantic Ave.)
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 27, 2026 at 11:21 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA