An exceptional coastal development opportunity awaits along S. Atlantic Avenue in New Smyrna Beach. This prime 0.67± acre parcel is situated within the city’s Short-Term Rental Zone, offering flexibility and high investment potential. Just blocks from vibrant Flagler Avenue, this property provides the perfect setting for luxury beach homes or income-producing vacation residences. The site is fully subdividable into four individual buildable lots, each offering generous dimensions and proximity to the ocean. With its unbeatable location, walkability to shops, dining, and the beach, and the rare option to build multiple residences, this offering presents a unique chance to create an exclusive enclave in one of Florida’s most desirable coastal communities. Whether you’re a developer, investor, or visionary builder, this property delivers the perfect balance of location, flexibility, and long-term value.
Financial Considerations
Price:
$3,900,000
HOA Fee:
N/A
Tax Amount:
$15042.68
Price per SqFt:
$173.43
Tax Legal Description:
LOTS 20 THRU 22 INC THOBURNS NEW SMYRNA BEACH MB 20 PG 75 & ALL BLK 12 DETWILERS RESUB OF LOT 1 SEC 16 TWNSP 17 RNGE 34 MB 4 PG 151 MB 14 PG 177 & INC VACATED STREETS LYING NORTH & SOUTH OF LOT C & LYING W OF ATLANTIC AVE CONSTANT SUB OF LOT 1 MB 2 P G 19