$16,860,000
429 E 3RD AVE New Smyrna Beach, FL 32169
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$16,860,000
Est. payment /mo
562,740 SqFt
UPDATED:
09/18/2024 06:30 PM
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
HOA Y/N No
Originating Board Stellar MLS
Year Built 2023
Annual Tax Amount $33,357
Lot Size 11.730 Acres
Acres 11.73
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
Water Access Desc Canal - Brackish,Lagoon,River
Building
Foundation Other
Lot Size Range 10 to less than 20
Structure Type Other
New Construction false
Others
Ownership Other
Special Listing Condition None
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Listed by COLLADO REAL ESTATE