429 E 3rd Avenue, New Smyrna Beach, FL 32169 (MLS# 1116572)

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

$15,900,000
Property Type: Commercial Sale Lot Size (sq. ft.): 510,959 Status: Active
Current Price: $15,900,000 List Date: 11/25/2023 Last Modified: 12/27/2025

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 #741605240102, 741506240101, 741600030010., As Is Cond: No

More Information MLS# 1116572

General Property Information

Lot Size Acres: 11.73 Association YN: No Water Body Access YN: No Waterfront YN: No Directions: SR 44 East to beachside. Go over the Intracoastal Waterway Bridge after 1st light it is on the right past Dunkin Donuts 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. Building Area Total: 0 Year Built: 1700

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

Currently Not Used

Year Built: 1700

Cooling

Other: 1

Current Use

Mixed Use: 1

Lot Features

Other: 1

Parking Features

Other: 1

Business Type

Hotel/Motel: 1 Mixed: 1 Professional Service: 1

Sale Includes

Land Only: 1

Historical Information

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

Contract Information

Current Price: $15,900,000 List Price: $15,900,000 Status: Active Listing Contract Date: 2023-11-23 Property Sub Type: Business

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

Status Change Information

Major Change Timestamp: 2025-07-23T16:52:26Z Major Change Type: Price Reduced Price Change Timestamp: 2025-07-23T16:52:26Z

Property Features

Business Type: Hotel/Motel; Mixed; Professional Service Cooling: Other Current Use: Mixed Use Lot Features: Other Parking Features: Other Sale Includes: Land Only
Listing Office: Collado Real Estate
Last Updated: December - 27 - 2025
Information deemed reliable but not guaranteed.