429 East 3rd Avenue, NEW SMYRNA BEACH, FL

$16,860,000

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11.73

Acres

About 429 East 3rd Avenue

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.

Features of 429 East 3rd Avenue

MLS® # O6159759
Price $16,860,000
Bathrooms 0.00
Acres 11.73
Year Built 2023
Type Commercial Sale
Sub-Type Hotel/Motel
Status Active

Community Information

Address 429 East 3rd Avenue
Area New Smyrna Beach
City NEW SMYRNA BEACH
County Volusia
State FL
Zip Code 32169

Amenities

Is Waterfront Yes
Waterfront River Front
Has Pool No

Interior

Cooling None
Fireplace No

Exterior

Foundation Other

Additional Information

Date Listed November 25th, 2023
Days on Market 324
Zoning PUD
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCOLLADO REAL ESTATE

Listing Map

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