429 E 3rd Avenue, New Smyrna Beach, FL 32169 (MLS# 1116575)

429 E 3rd Avenue, New Smyrna Beach, FL 32169

$15,750,000
Property Type: Land Lot Size (sq. ft.): 510,959 Status: Active
Current Price: $15,750,000 List Date: 11/25/2023 Last Modified: 4/12/2026

Overview

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 5-27-27. 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.

Supplements: 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 #74 ...

Listing Details MLS# 1116575

General Property Information

Lot Size Acres
11.73
CDD Fee YN
No
Association YN
No
Water Body Access YN
No
Waterfront YN
Yes
Directions
East on SR 44 which turns into 3rd Ave on beachside. Site over waterway on right by Dunkin Donuts and Starbucks.
Public Remarks
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 5-27-27. 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.
List Price/Acre
1342711

Property Features

Current Use: Commercial; Mixed Use; Unimproved Lot Features: Cleared; Other Utilities: Other View: Intracoastal; River Waterfront Features: Intracoastal Road Surface Type: Asphalt Listing Terms: Cash; Conventional Possession: Close Of Escrow

Contract Information

Property Sub Type
Unimproved Land
Listing Contract Date
2023-11-23

Location Tax and Legal

Street Number
429
Street Direction Prefix
E
Street Name
3rd
Street Suffix
Avenue
County
Volusia
State
FL
Postal Code
32169
MLS Area Major
70 - New Smyrna Beach E of 95
Subdivision Name
Not In Subdivision

Status Change Information

Major Change Timestamp
2026-04-12T19:44:52Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-04-12T19:44:52Z

Historical Information

Public Historical Remarks 1
Zoning (Text): PUD; Franchise Opt In: No

More Information

Location, Tax, and Legal

Country
US
Parcel Number
7416-05-24-0100
Tax Annual Amount
34747
Tax Year
2022
Tax Legal Description
16-17-34 PORTION OF LOTS 9 THRU 11 BLK 24 DETWILERS 1ST ADDITION 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 PGS 0088-0089 PER OR 5306 PG 1781 PER OR 7338 PG 2319

View

Intracoastal
Yes
River
Yes

Current Use

Commercial
Yes
Mixed Use
Yes
Unimproved
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Cleared
Yes
Other
Yes

Possession

Close Of Escrow
Yes

Road Surface Type

Asphalt
Yes

Utilities

Other
Yes

Waterfront Features

Intracoastal
Yes
Listing Office: Collado Real Estate
Last Updated: April - 12 - 2026
Information deemed reliable but not guaranteed.