Bought with BEACHSIDE REALTY OF VOLUSIA
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1005 CANAL ST New Smyrna Beach, FL 32168
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Key Details
Sold Price $295,000
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Palm Park
MLS Listing ID NS1085395
Sold Date 09/26/25
HOA Y/N No
Annual Tax Amount $3,985
Lot Size 0.460 Acres
Acres 0.46
Lot Dimensions 90x125
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
Build-Ready Redevelopment Lot. Situated within the City's valued Canal Street Community Redevelopment Area, this fully cleared .43-acre corner lot offers a rare opportunity for bold new development. Zoned MU/10B3, this site is primed for accelerated turnaround with no existing demolition required. Just steps from the charming Canal Street Historic District, this site is immersed in monthly Art Strolls, Sip & Stroll, classic car events, and community markets amid pedestrian-friendly, tree-lined avenues. A stone's throw from the beach and Intracoastal, ~25 minutes to Daytona Beach, and ~1 hour to Orlando International Airport, it offers appeal to both coastal tourists and working professionals.
Developers, entrepreneurs, and investors—envision a boutique café with upstairs rentals, a cluster of short-term luxury units, or a professional plaza serving local needs. This location blends vibrant foot traffic, growth incentives, and transportation convenience, delivering exceptional ROI potential.
Fully cleared and ready for design, construction, and immediate occupancy. Utilities are in place. Create your vision in NSB's thriving redevelopment corridor.
Location
State FL
County Volusia
Community Palm Park
Area 32168 - New Smyrna Beach
Zoning 10B3
Exterior
Community Features Street Lights
Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public, Sewer Available, Utility Pole, Water Available
Building
Lot Description Buildable, Cleared, Corner Lot, Drainage Canal, May Need To be Filled, Other, Oversized Lot, Room For Pool, Street Lights, Paved, Urban
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Schools
Middle Schools New Smyrna Beach Middl
High Schools New Smyrna Beach High
Others
Ownership Fee Simple
Acceptable Financing Cash, Other, Owner Financing, Private Financing Available
Membership Fee Required None
Listing Terms Cash, Other, Owner Financing, Private Financing Available
Special Listing Condition None
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