318 Palm Avenue, FL

$259,500

318 Palm Avenue

Oak Hill, FL 32759

Active
0
Baths
2.7
Acres
Waterfront2.7 acres$3/sqft360° tour
Land

Property type

96,786 sqft

Lot size

$3

Price / sq ft

No HOA

HOA dues

364

Days on market

AE

Flood zone

About this home

Located on 2.7 acres in a picturesque area, this property boasts a sizeable deepwater canal allowing access to over 35 acres of the intercostal estuary. Estuaries are a beautiful place to be, a popular destination for fishing, boating, birding and hiking. Miles of beaches, flowing grasses, marshes, creeks, and streams. This salty freshwater mix is where life begins and is the nursing grounds for 75 percent of the fish we catch. Estuaries are lined with marshes and sea grasses that filter water flowing into the ocean and act as a buffer protecting us from coastal storms. Go fishing in your backyard to catch a variety of fish, including snook and tarpon, some as large as 35 pounds have been caught. This property, approved for three single-family homes, offers a unique opportunity for a small development or the creation of your private estate. Access to the estuary's abundant amenities makes it an excellent investment for those seeking a tranquil living space or a profitable development project. Within a 5-minute drive, you'll find a wealth of popular amenities. These include the Famous Goodrich Seafood and Oyster House, the A.C. Delbert Dewees Municipal Pier, the Seminole Rest Canoe/Kayak/Small Boat Launch into the Indian River North, Seminole Rest National Historic Site, River breeze Park, and Jimmie Vann Sunrise Park. 10-minute drive: Publix shopping center (Sit down Restaurants, Fast Food, Hardware Stores, Fast Food, Hair Cuttery, Nail Spa, Workout Anytime), Walgreens, Oak Hill Country Store, Dollar General, C's Country Diner, Banks, Churches, Self-storage facility, American Legion Post, and many other stores and shops. Just a 20-minute drive away, you'll find yourself in the vibrant city of New Smyrna, FL, which offers the perfect balance of serene living and urban convenience.

Estimated monthly payment

Principal & interest$1,312
Property taxes$128
Home insurance (est.)$119

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 history364 days on market

  1. Status: Active
    Mar 9, 2026
  2. Listed$299,500
    Mar 8, 2025
  3. Price reduced$259,500

Virtual Tour

Facts & features

Property type
Land
Status
Active
Days on market
364
Subdivision
Bradburys Rivermoor
County
Volusia
Price/sq ft
$3
Lot size
96,786 sq ft
Lot category
2 to less than 5
Flood zone
AE (12127C0830J)
Annual taxes
$1,533 (2024)
Parcel #
9505-01-00-0080
Zoning
R-3W
MLS #
NS1084156

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Fee Simple

Exterior & Construction

Waterfront
Yes
Road surface
Dirt

Utilities

Sewer
None
Water source
Well
Utilities
Electricity Available

Listing Details

Listing date
2025-03-08
On market date
2025-03-08
Original list price
$299,500
MLS area
32759 - Oak Hill
Listing AOR
New Smyrna Beach Board of Realtors
Status changed
2026-03-09
Tax legal description
05-19-35 LOT 1 & 8 N OF OAK HILL CITY LIMITS & ALL OF LOTS 9 & 10 & UNNUMBERED LOT LYING N OF LOT 10 & PER CITY RES NO 2024-10 IN OR 8561 PG 3144 & INC ALL OF VACATED PORTION OF PALM AVE & UNNAMED ROAD LYING ADJACENT TO LOTS 8 THRU 10 & UNNUMBERED LO T LYI

Flood risk

High riskFEMA Zone AEPanel 12127C0830J

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

US 1 to Lagoon Dr. East on lagoon dr to Howes St. North on Howes Street to Palm. east on palm to the first drive after Mullet Dr turn left. go to the vacant lot fronting the canal.

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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 March 9, 2026 at 11:07 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