


$5,400,000
5575 Atlantic Avenue
New Smyrna Beach, FL 32169
Listing updated: August 27, 2026 at 11:10 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Virtually Staged. Pre-Construction. To be built. A rare opportunity to own one of the few remaining direct oceanfront homesites in exclusive Bethune Beach. This exceptionally large property with over 17,500 square feet building area —nearly three times the size of a typical area lot—with direct access to the no-drive beach, no short-term rentals, and a more private residential setting. Unlike most vacant oceanfront properties, the difficult work has already been completed. DEP and Volusia County approvals are in place, the building permit has been issued, and the property is shovel-ready for construction. The entitlement and permitting process alone took more than two years to complete. Approved plans feature an approximately 6,000-total-square-foot luxury oceanfront residence with 4 bedrooms, 4.5 baths, a loft, two separate garages, a private pool, multiple balconies and porches, and expansive indoor/outdoor living spaces designed to capture the ocean views. The home is currently in the selection phase, giving a buyer the opportunity to personalize finishes and details or revise the plans to suit their individual needs. Designed by award-winning IBK Construction, Inc. and Gary Hancock, the home takes full advantage of the site's favorable elevation, allowing for a more natural driveway and entry while avoiding the steep approaches common to many elevated beachfront homes. Purchase the fully entitled lot and bring your own builder, or work with IBK Construction to complete the approved custom home. Direct oceanfront. Rock revetment. No-drive beach. Shovel-ready. A truly rare opportunity to create a new luxury residence in one of New Smyrna Beach's most desirable beachfront communities.
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 history4 days on market
- Status: ActiveAug 23, 2026
- Listed$5,400,000Aug 23, 2026
- Price increased$5,400,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 4
- Subdivision
- Bethune Volusia Beach
- County
- Volusia
- Year built
- 2027
- Living area
- 3,835 sq ft
- Price/sq ft
- $1,408
- Building area
- 5,969 sq ft (Builder)
- Lot size
- 17,500 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- VE (12127C0705J)
- Garage
- 2 spaces
- Pool
- Private pool
- Annual taxes
- $17,571 (2025)
- Parcel #
- 8505-01-01-0010
- Zoning
- R-9W
- MLS #
- O6435343
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 4
- Half bathrooms
- 1
- Flooring
- Other, Tile
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Tankless Water Heater
- Interior features
- Built-in Features, Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)
- Laundry
- Laundry Room
- Stories / Levels
- Two
- Direction faces
- West
- New construction
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- 30 day minimum rental, buyer to verify all with Volusia County.
Exterior & Construction
- Exterior features
- Balcony, Courtyard, Lighting, Private Mailbox
- Construction materials
- Block, Concrete
- Roof
- Metal
- Foundation
- Block, Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Sewer Available, Water Available
Community
- Pets allowed
- Yes
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.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Second | 14.9x20.1 |
| Bedroom 2 | First | 14x13.4 |
| Bedroom 3 | Second | 12.8x12 |
| Bedroom 4 | Second | 12.8x14 |
| Balcony/Porch/Lanai | Second | 30x11.4 |
| Kitchen | First | 19.9x12 |
| Living Room | First | 21x25 |
Listing Details
- Listing date
- 2026-08-21
- On market date
- 2026-08-23
- Original list price
- $5,400,000
- Occupant type
- Vacant
- MLS area
- 32169 - New Smyrna Beach
- Listing AOR
- Orlando Regional
- Status changed
- 2026-08-23
- Tax legal description
- LOTS 1 2 & 3 BLK 1 BETHUNE VOLUSIA BEACH MB 11 PGS 155-161 INC PER OR 4599 PG 3594 PER OR 7341 PGS 0337-0338 PER OR 7762 PG 3797 PER OR 7918 PG 2215 PER OR 8707 PG 4373
Flood risk
Coastal high-hazard area (Zone V) with wave action. In a FEMA Special Flood Hazard Area — flood insurance is generally required by lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
I95 exit SR44 head E toward New Smyrna Beach. Continue over South Causeway to beachside. 3rd Ave turns into S Atlantic, property just past Bethune Beach sign and immediately South of Sandpiper.
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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 August 27, 2026 at 11:10 PM 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.
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