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$445,000
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Property Description
Development Opportunity - Zoned R-5. Situated just minutes from the vibrant Canal Street Historic District and a short ride to the beach, this cleared 0.45-acre lot is a prime canvas for new residential development. Zoned R-5 (Urban Single-Family Residential), the parcel allows up to three single-family or modular homes, each on a minimum 5,000 sq ft lot. With no structures to demolish, utilities nearby, and excellent street frontage (91 feet wide), the lot is ready for immediate subdivision and development. Whether you're a builder looking to create a small cluster of homes or an investor seeking strong long-term rental yield, 108 S Myrtle Ave offers flexibility, location, and real growth potential. Located in one of New Smyrna Beach's most up-and-coming infill areas-close to shops, schools, dining, and the Intracoastal-this opportunity won't last long.
Full Property Details
Full Property Details for 108 S Myrtle Ave
General
- Price: $445,000
- Taxes: $5,369 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: NS1085537
- Updated: 8/26/2025
- Added to Site: 181 day(s) ago
Location
- Area: 32168 - New Smyrna Beach
- County: Volusia
- Development Name: 32168 - New Smyrna Beach
- Subdivision: GRIMSLEY & HEALY IN LEWIS HOMESTEAD
- Driving Directions: Head east on FL-44 E. Pass by AutoZone Auto Parts (on the right in 1.1 mi) Turn left onto S Myrtle Ave. Destination will be on the left.
School Information
- Elementary School: Chisholm Elem
- Middle School: New Smyrna Beach Middl
- High School: New Smyrna Beach High
Community
- Community Name: 32168 - New Smyrna Beach
Utilities
- Sewer: Public Sewer
- Water: None
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: Park/Greenbelt
- Lot Size (Acres): 0.49
- Lot Size (Sq. Ft.): 21,500
- Lot Size: 21500
- Lot Dimensions: 91 x 217
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $908,163
- Tax Amount: $5,369.93
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 5 & 6 GRIMSLEY & HEALEY SUB LEWIS HOMESTEAD MB 5 PG 70 PER OR 3957 PG 1422 PER OR 6095 PG 1862 PER OR 6210 PG 3235 PER OR 6574 PG 3981 PER OR 7363 PG 4475 PER OR 8331 PG 2262 PER OR 8535 PG 4425
- Flood Zone Info: AE
- APN: 741809000050
- Property ID: 741809000050
Listed by Collado Real Estate
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Schools
Schools serving 108 S Myrtle Ave
School District:Volusia County School District
| Name | Grades | Distance |
|---|---|---|
Read-Pattillo Elementary School 400 6th Street, New Smyrna Beach, FL 32168 | PK-5 | 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 | 1.2 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 108 S Myrtle Ave
Date
Details
Price
Change
Source
8/26/2025
Price Reduced
$445,000
-1.11%
MLS
7/21/2025
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 108 S Myrtle Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,020
45%
$433,623
34%
2024
$5,536
-5%
$323,463
-3%
2023
$5,801
42%
$334,210
40%
2021
$4,085
-12%
$238,102
-28%
2022
$4,646
14%
$330,876
57%
2021
$4,085
12%
$210,582
17%
2019
$3,640
6%
$180,492
10%
2018
$3,450
7%
$164,084
-11%
2017
$3,226
3%
$184,469
12%
2016
$3,119
10%
$165,018
24%
2015
$2,836
1%
$133,377
-9%
2014
$2,805
18%
$145,900
43%
2013
$2,368
—
$101,883
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 108 S Myrtle Ave
108 S Myrtle Avenue, New Smyrna Beach, FL 32168 (MLS# NS1085537) is a Lots/Land property with a lot size of 0.49 acres. 108 S Myrtle Avenue is currently listed for $445,000 and was received on July 21, 2025. Want to learn more about 108 S Myrtle Avenue? 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.

