1005 Canal Street, New Smyrna Beach, FL 32168 - Photo 1

1/1

$295,000

Sold
Closed
Lots/Land
0.46 Acres

1/1

Property Description

Build-Ready Redevelopment Lot. Situated within the City's valued Canal Street Community Redevelopment Area, this fully cleared .43-acre corner lot offers a rare opportunity for bold new development. Zoned MU/10B3, this site is primed for accelerated turnaround with no existing demolition required. Just steps from the charming Canal Street Historic District, this site is immersed in monthly Art Strolls, Sip & Stroll, classic car events, and community markets amid pedestrian-friendly, tree-lined avenues. A stone's throw from the beach and Intracoastal, ~25 minutes to Daytona Beach, and ~1 hour to Orlando International Airport, it offers appeal to both coastal tourists and working professionals. Developers, entrepreneurs, and investors-envision a boutique café with upstairs rentals, a cluster of short-term luxury units, or a professional plaza serving local needs. This location blends vibrant foot traffic, growth incentives, and transportation convenience, delivering exceptional ROI potential. Fully cleared and ready for design, construction, and immediate occupancy. Utilities are in place. Create your vision in NSB's thriving redevelopment corridor.

Full Property Details

Full Property Details for 1005 Canal St

General

Sold For: $295,000
Taxes: $3,985 (2024)
Status: Closed
Type: Lots/Land
Source: MidFloridaRegionalMLS
MLS ID: NS1085395
Added to Site: 181 day(s) ago

Location

Area: 32168 - New Smyrna Beach
County: Volusia
Development Name: 32168 - New Smyrna Beach
Subdivision: PALM PARK
Driving Directions: Head east on FL-44 E. Pass by AutoZone Auto Parts (on the right in 1.1 mi) Turn left toward Canal St. Turn right onto Canal St. Turn left onto Bay St. Destination will be on the right
Direction Faces: Southwest

School Information

Middle School: New Smyrna Beach Middl
High School: New Smyrna Beach High

Community

Community Name: 32168 - New Smyrna Beach

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available, Natural Gas Available, Phone Available, Public, Sewer Available, Street Lights, Utility Pole, Water Available

Structural Information

Current Bldg. Use: Mixed Use

Additional Structures

Other Structures: Other

Lot Features

Lot Size (Acres): 0.46
Lot Size (Sq. Ft.): 20,164
Lot Size: 20164
Lot Dimensions: 90 x 125
Frontage: Street Lights, Street Paved, City Street
Street/Road Desc.: Paved, Asphalt

Financial Considerations

Price Per Acre: $641,304
Assoc Fee Desc.: None
Tax Amount: $3,985.11
Tax Year: 2024

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: None
Legal Description: 19-17-34 LOT 1 & W 40 FT OF LOT 2 & LOT 5 & INC S 1/2 OF VAC ALLEY LYING AJD TO LOT 1 & W 40 FT OF LOT 2 & INC N 1/2 OF VAC ALLEY LYING ADJ TO LOT 5 BLK A PALM PARK SUB MB 19 PG 47 PER OR 1717 PG 0642 PER OR 1986 PG 139 PER OR 8255 PG 4409 PER OR 828 2 PG
Flood Zone Info: AE
APN: 741902010010
Property ID: 741902010010
Block/Lot/Section: A

Listed by Collado Real Estate
Sold by Beachside Realty Of Volusia

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Schools

Schools serving 1005 Canal St

School District:Volusia County School District

Name	Grades	Distance
Read-Pattillo Elementary School 400 6th Street, New Smyrna Beach, FL 32168	PK-5	1.1 mi
New Smyrna Beach Middle School 1200 South Myrtle Avenue, New Smyrna Beach, FL 32168	6-8	1.4 mi
New Smyrna Beach High School 1015 10th Street, New Smyrna Beach, FL 32168	9-12	1.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1005 Canal St

Date

Details

Price

Change

Source

9/26/2025

Sold

$295,000

-9.23%

MLS

7/21/2025

Listed

$325,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3
Beds
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Beds
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Total Baths
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Commercial
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Single Family
Closed

3
Beds
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Total Baths
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Sq. Ft.

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1005 Canal Street, New Smyrna Beach, FL 32168 (MLS# NS1085395) is a Lots/Land property that was sold at $295,000 on September 26, 2025. Want to learn more about 1005 Canal Street? Do you have questions about finding other Lots/Land real estate for sale in New Smyrna Beach? You can browse all New Smyrna Beach real estate or contact a Coldwell Banker agent to request more information.

1005 Canal St New Smyrna Beach, FL 32168