$325,000

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Overview

0.46 acres

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.

Property Details

MLS#

NS1085395

Address

1005 CANAL

City

New Smyrna Beach

State/county

FL

Zip/Postal Code

32168

Area

Palm Park

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,985

Maint Fee

$--

Tax Year

2024

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Boris Gelfand