$320,000
108 Myrtle Avenue
New Smyrna Beach, FL 32168
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Development Opportunity – Zoned R-5. Situated just minutes from the vibrant Canal Street Historic District and a short ride to the beach, this cleared 0.45-acre lot is a prime canvas for new residential development. Zoned R-5 (Urban Single-Family Residential), the parcel allows up to three single-family or modular homes, each on a minimum 5,000 sq ft lot. With no structures to demolish, utilities nearby, and excellent street frontage (91 feet wide), the lot is ready for immediate subdivision and development. Whether you’re a builder looking to create a small cluster of homes or an investor seeking strong long-term rental yield, 108 S Myrtle Ave offers flexibility, location, and real growth potential. Located in one of New Smyrna Beach’s most up-and-coming infill areas—close to shops, schools, dining, and the Intracoastal—this opportunity won’t last long.
Estimated monthly payment
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 history311 days on market
- Status: ActiveJul 22, 2025
- Listed$450,000Jul 21, 2025
- Price reduced$320,000
Virtual Tour
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 311
- Subdivision
- Grimsley & Healy In Lewis Homestead
- County
- Volusia
- Price/sq ft
- $15
- Lot size
- 21,500 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12127C0543J)
- Annual taxes
- $5,370 (2024)
- Parcel #
- 7418-09-00-0050
- Zoning
- R5
- MLS #
- NS1085537
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional, Owner Financing
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- None
- Utilities
- Electricity Available, Sewer Available, Water Available
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-07-21
- On market date
- 2025-07-21
- Original list price
- $450,000
- MLS area
- 32168 - New Smyrna Beach
- Listing AOR
- New Smyrna Beach Board of Realtors
- Status changed
- 2025-07-22
- Tax legal description
- LOTS 5 & 6 GRIMSLEY & HEALEY SUB LEWIS HOMESTEAD MB 5 PG 70 PER OR 3957 PG 1422 PER OR 6095 PG 1862 PER OR 6210 PG 3235 PER OR 6574 PG 3981 PER OR 7363 PG 4475 PER OR 8331 PG 2262 PER OR 8535 PG 4425
Flood risk
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
Head east on FL-44 E. Pass by AutoZone Auto Parts (on the right in 1.1 mi) Turn left onto S Myrtle Ave. Destination will be on the left.
Property sale history
Public records108 S MYRTLE AVE, NEW SMYRNA BEACH 32168
- Mar 2024$550,000
2,570 sq ft · Built 1917 · 0.4936 acres
Sale data from Florida public records (Department of Revenue / county property appraiser). Deemed reliable but not guaranteed; may not reflect current market or MLS status. Not Stellar MLS data.
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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 May 28, 2026 at 9:37 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