429 E 3RD AVE Active

New Smyrna Beach,FL 32169

$ 16860000

- Bed

0 Bath

562740 SqFt


Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 562,740 sqft

Price per Sqft $29

MLS Listing ID O6159759

Year Built 2023

Annual Tax Amount $33,357

Lot Size 11.730 Acres

Property Description

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.

Location

State FL

County Volusia

Zoning PUD

Interior

Cooling None

Exterior

Waterfront true

Waterfront Description River Front

View Y/N Yes

Water Access Yes

Building

Foundation Other

Structure Type Other

New Construction false

Others

Special Listing Condition None

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