429 E 3rd Avenue, New Smyrna Beach, FL 32169 - Photo 1

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$15,750,000 -$150,000 (-0.94%) Price Reduced

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Commercial

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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.

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Full Property Details

Full Property Details for 429 E 3rd Ave

General

Price: $15,750,000
Taxes: $33,357 (2022)
Status: Active
Type: Commercial
Source: MidFloridaRegionalMLS
MLS ID: O6159759
Updated: 4/12/2026
Added to Site: 871 day(s) ago

Location

Area: 32169 - New Smyrna Beach
County: Volusia
Development Name: 32169 - New Smyrna Beach
Driving Directions: SR 44 East to beachside. Go over the Intracoastal Waterway Bridge after 1st light it is on the right past Dunkin Donuts before Starbucks. (3rd Ave is A1A or Atlantic Ave.)
Direction Faces: North

Community

Community Name: 32169 - New Smyrna Beach

Heating & Cooling

Cooling Type: None

Structural Information

Exterior Const.: Other
Year Built: 2023

Lot Features

Lot Size (Acres): 11.73
Lot Size (Sq. Ft.): 562,740
Lot Size: 12.9187
Frontage: State Road
Street/Road Desc.: Asphalt

Water Features

Water Front: Yes
Water Access: Yes
Water Access Desc: Canal - Brackish, Lagoon, River
Water Front Desc.: River Front

Financial Considerations

Tax Amount: $33,357
Tax Year: 2022

Disclosures and Reports

Ownership: Other
Special Conditions: None
Legal Description: 16-17-34 PORTION OF LOTS 9 THRU 11 BLK 24 DETWILERS 1ST ADDI TION NEW SMYRNA BEACH MB 7 PG 85 MB 22 PG 129 & INC PORTION OF GOVT LOT 5 AS DESCRIBED IN OR 7612 PG 2206 PER OR 5672 PG
Flood Zone Info: x500
APN: 741605240100
Property ID: 741605240100
Block/Lot/Section: 24

Listed by Collado Real Estate

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Schools

Schools serving 429 E 3rd Ave

School District:Volusia County School District

Name	Grades	Distance
Coronado Beach Elementary School 3550 Michigan Avenue, New Smyrna Beach, FL 32169	K-5	2.2 mi
New Smyrna Beach Middle School 1200 South Myrtle Avenue, New Smyrna Beach, FL 32168	6-8	2.1 mi
New Smyrna Beach High School 1015 10th Street, New Smyrna Beach, FL 32168	9-12	2.4 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 429 E 3rd Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/12/2026

Price Reduced

$15,750,000

-0.94%

MLS

7/23/2025

Price Reduced

$15,900,000

-1.79%

MLS

6/10/2025

Price Reduced

$16,190,000

-0.98%

MLS

3/14/2025

Price Reduced

$16,350,000

-0.88%

MLS

1/09/2025

Price Reduced

$16,495,000

-1.58%

MLS

12/05/2024

Price Reduced

$16,760,000

-0.59%

MLS

9/12/2024

Price Reduced

$16,860,000

-3.66%

MLS

5/07/2024

Price Reduced

$17,500,000

-2.78%

MLS

11/25/2023

Listed

$18,000,000

5900%

MLS

10/17/2018

Sold

$300,000

—

Public Record

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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 429 E 3rd Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$50,692

17%

$2,872,713

—

2024

$43,221

$2,879,886

11%

2023

$39,774

-5%

$2,590,761

40%

2021

$41,948

21%

$1,844,361

-15%

2022

$34,747

-17%

$2,164,340

17%

2021

$41,948

-32%

$1,843,470

-36%

2019

$62,060

—

$2,873,137

2018

$61,953

-1%

$2,820,461

2017

$62,764

$2,781,996

13%

2016

$59,937

$2,454,914

10%

2015

$57,267

$2,240,968

2014

$55,318

$2,118,605

2013

$54,572

—

$2,056,063

—

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

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429 E 3rd Avenue, New Smyrna Beach, FL 32169 (MLS# O6159759) is a Commercial property. 429 E 3rd Avenue is currently listed for $15,750,000 and was received on November 25, 2023. Want to learn more about 429 E 3rd Avenue? Do you have questions about finding other Commercial 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.

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429 E 3rd Ave New Smyrna Beach, FL 32169