$15,750,000

429 3rd Avenue

New Smyrna Beach, FL 32169

Active
0
Baths
11.73
Acres
2023
Built
WaterfrontWater access11.73 acres$28/sqft360° tour

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

Principal & interest$79,641
Property taxes$2,780
Home insurance (est.)$7,219

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

  1. Status: Active
    Nov 25, 2023
  2. Listed$18,000,000
    Nov 25, 2023
  3. 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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MLS GRID

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