429 E 3rd Avenue, New Smyrna Beach, FL 32169
$16,760,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
332,363
Status:
Active
Current Price:
$16,760,000
List Date:
11/25/2023
Last Modified:
12/05/2024
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 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# 981145
Contract Information
Current Price: $16,760,000
Original List Price: 18000000
List Price: $16,760,000
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: 901 - Volusia
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 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.
Status Change Information
Major Change Timestamp: 2024-12-05T19:38:26Z
Major Change Type: Price Reduced
Price Change Timestamp: 2024-12-05T19:38:26Z
Status Change Timestamp: 2023-11-25
Historical Information
Public Historical Remarks 3: Frontage Description: State Road, Legal/Misc-Home Warranty: No
Property Features
Construction Materials: Other
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
Sewer: Unknown
Water Source: None
Listing Office: Collado Real Estate
Last Updated: December - 05 - 2024
Information is deemed to be reliable, but is not guaranteed.