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$339,000
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Property Description
Welcome to waterfront living in the highly desirable Venetian Bay community of New Smyrna Beach! Built in 2020, this 3-bedroom, 2-bath concrete block home offers 1,614 square feet of thoughtfully designed living space with a desirable 3-way split bedroom floor plan, 9-foot ceilings, and beautiful water views. Charming curb appeal welcomes you with shaker-style accents, partial stone columns, a brick paver driveway and walkway, an iron-fenced front entry, and an inviting covered front porch. Inside, the open-concept living area flows into a spacious kitchen featuring white cabinetry, granite countertops, stainless steel appliances, and an impressive 7-foot center island with plenty of room for gathering and entertaining. An interior laundry room adds everyday convenience. Step outside to the covered lanai and enjoy peaceful waterfront views, Florida breezes, and relaxing evenings with family and friends. The split floor plan provides added privacy, with three bedrooms and two full baths positioned throughout the home. Located in Venetian Bay, one of New Smyrna Beach's sought-after master-planned communities, residents can enjoy miles of walking and biking trails along with convenient access to the Venetian Bay Town Center, shopping, dining, and community amenities. This prime New Smyrna Beach location also offers easy access to I-95, local restaurants, shopping, and the beautiful beaches of New Smyrna Beach just minutes away. If you're searching for a newer waterfront home in New Smyrna Beach with an open floor plan, covered lanai, granite countertops, and convenient access to the beach and everyday amenities, this Venetian Bay home is a must-see.
Full Property Details
Full Property Details for 3118 Borassus Dr
General
- Price: $339,000
- HOA FEE: $75/month
- HOA FEE FREQ.: Annually
- Taxes: $3,454 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: NS1089031
- Updated: 9/18/2026
- Added to Site: 49 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan, Split Bedroom, Walk-In Closet(s)
- Appliances: Convection Oven, Dishwasher, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Exterior
- Exterior Features: Lighting, Rain Gutters
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 32168 - New Smyrna Beach
- County: Volusia
- Development Name: 32168 - New Smyrna Beach
- Subdivision: PALMS PH 2B
- Driving Directions: From I-95, take Exit 249 for SR-44 toward New Smyrna Beach. Head west on SR-44, turn left onto Pioneer Trail, then turn onto Borassus Dr. Continue to 3118 Borassus Dr.
- Direction Faces: North
Community
- Community Name: 32168 - New Smyrna Beach
- Association: Yes
- Assoc. Name: Venetian Bay PALMS PHASE 2B
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- Exterior Const.: Block, Concrete, Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,610
- Sq. Ft. Source: Public Records
- Year Built: 2020
Lot Features
- Property View: Water
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,200
- Lot Size: 5200
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake Front
Financial Considerations
- Association Fee: $900
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $3,454
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: 19-17-33 LOT 237 PALMS PHASE 2B MB 59 PG 113-116 PER OR 7740 PG 2892 PER OR 7963 PG 3694
- Flood Zone Info: A
- APN: 732002002370
- Property ID: 732002002370
Listed by Re/Max Signature
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Schools
Schools serving 3118 Borassus Dr
School District:Volusia County School District
| Name | Grades | Distance |
|---|---|---|
Chisholm Elementary School, New Smyrna Beach, FL 557 Ronnoc Lane, New Smyrna Beach, FL 32168 | PK-5 | 5.8 mi |
New Smyrna Beach Middle School 1200 South Myrtle Avenue, New Smyrna Beach, FL 32168 | 6-8 | 6.3 mi |
New Smyrna Beach High School 1015 10th Street, New Smyrna Beach, FL 32168 | 9-12 | 5.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3118 Borassus Dr
Date
Details
Price
Change
Source
9/18/2026
Price Reduced
$339,000
-1.45%
MLS
9/02/2026
Price Reduced
$344,000
-1.43%
MLS
8/18/2026
Listed
$349,000
25.77%
MLS
12/21/2020
Sold
$277,490
—
Public Record
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 3118 Borassus Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,454
-8%
$252,805
3%
2025
$3,771
10%
$246,159
3%
2024
$3,414
2%
$239,222
3%
2023
$3,345
6%
$232,255
6%
2021
$3,143
-2%
$218,922
-3%
2022
$3,194
2%
$225,490
396%
2021
$3,143
870%
$45,500
160%
2019
$324
—
$17,500
—
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 3118 Borassus Dr
3118 Borassus Drive, New Smyrna Beach, FL 32168 (MLS# NS1089031) is a Single Family property with 3 bedrooms and 2 full bathrooms. 3118 Borassus Drive is currently listed for $339,000 and was received on August 18, 2026. Want to learn more about 3118 Borassus Drive? Do you have questions about finding other Single Family 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.

