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429 E 3rd Avenue, New Smyrna Beach, FL 32169
$17,500,000
429 E 3rd Avenue, New Smyrna Beach, FL 32169View this property at 429 E 3rd Avenue, New Smyrna Beach, FL 32169
429 E 3rd AvenueNew Smyrna BeachFL32169
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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 8-4-25. 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.
Full Property Details
Full Property Details for 429 E 3rd Ave
General
- Price: $17,500,000
- Taxes: $33,357 (2022)
- Status: Active
- Type: Commercial
- MLS ID: O6159759
- Updated: 5/7/2024
- Added to Site: 186 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
- Buyer’s Brokerage Compensation: 2%
- 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
Rating | Name | Grades | Distance |
---|---|---|---|
3550 Michigan Ave, New Smyrna, FL 32169 | K-5 | 2.2 mi | |
1200 S Myrtle Ave, New Smyrna, FL 32168 | 6-8 | 2.1 mi | |
1015 10th St, New Smyrna, FL 32168 | 9-12 | 2.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 429 E 3rd Ave
Date
Details
Price
Change
Source
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
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
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
2%
2018
$61,953
-1%
$2,820,461
1%
2017
$62,764
5%
$2,781,996
13%
2016
$59,937
5%
$2,454,914
10%
2015
$57,267
4%
$2,240,968
6%
2014
$55,318
1%
$2,118,605
3%
2013
$54,572
—
$2,056,063
—
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 429 E 3rd Ave
429 E 3rd Avenue, New Smyrna Beach, FL 32169 (MLS# O6159759) is a Commercial property. 429 E 3rd Avenue is currently listed for $17,500,000 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.