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

$17,500,000
Property Type: Commercial Sale Lot Size (sq. ft.): 332,363 Status: Active
Current Price: $17,500,000 List Date: 11/25/2023 Last Modified: 5/07/2024

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.

More Information MLS# 981145

Contract Information

Current Price: $17,500,000 Original List Price: 18000000 List Price: $17,500,000 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 Tax Account: 3798066 Parcel Number: 16 17 34 05 24 0100 County: Volusia State: FL Postal Code: 32169 MLS Area Major: 901 - Volusia General County Location: Out of Brevard Tax Annual Amount: 39774.2 Tax Year: 2023 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 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.)

General Property Information

Year Built: 2023 Lot Size Acres: 7.63 Property Use: C-LUXURY HOTEL/RESORT (3940) Use Code: 39 / HOTELS, MOTELS

Remarks and Miscellaneous

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 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.

Status Change Information

Major Change Timestamp: 2024-05-07T16:12:32Z Major Change Type: Price Reduced Price Change Timestamp: 2024-05-07T16:12:32Z Status Change Timestamp: 2023-11-25

Historical Information

Public Historical Remarks 3: Frontage Description: State Road, Legal/Misc-Home Warranty: No

Property Features

Cooling: None Current Use: Commercial; Hotel/Motel Flooring: Other Heating: None Listing Terms: Cash; Conventional Lot Features: Wooded Parking Features: Other Possession: Close Of Escrow Sale Includes: Land Only
Listing Office: Collado Real Estate
Last Updated: May - 07 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The listing broker’s offer of compensation is made only to participants of Space Coast MLS as well as Florida Realtors® MLS Advantage Participants and Particpants in the Coast2Coast datashare.