429 E 3rd Avenue New Smyrna Beach, FL $ 17,500,000
429 E 3rd Avenue
$ 17,500,000
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429 E 3rd Avenue

New Smyrna Beach, FL, 32169
$ 17,500,000
Baths0.0

Monthly Estimate*

$ 122,243

429 E 3rd Avenue, New Smyrna Beach, FL 32169 - Image 1
429 E 3rd Avenue, New Smyrna Beach, FL 32169 - Image 2
429 E 3rd Avenue, New Smyrna Beach, FL 32169 - Image 3
429 E 3rd Avenue, New Smyrna Beach, FL 32169 - Image 4
429 E 3rd Avenue, New Smyrna Beach, FL 32169 - Image 5
429 E 3rd Avenue, New Smyrna Beach, FL 32169 - Image 6
429 E 3rd Avenue, New Smyrna Beach, FL 32169 - Image 7
429 E 3rd Avenue, New Smyrna Beach, FL 32169 - Image 8
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Studio

Commercial Property for sale in New Smyrna Beach, FL

for $17,500,000. This building was built in 2023 on a lot size of 7.63.

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.

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Commercial Active

Price

$ 17,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 39,774

Style

Business

Lot Size

7.63

Year Built

2023

Town/City

New Smyrna Beach

County/Region

Volusia

MLS | Web ID

981145

Features
General
Heating None
Cooling None
Possession Close Of Escrow
Year Built 2023
Property SubType Business
Tax Year 2023
Current Use Commercial Hotel/Motel
County Volusia
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Status Active
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.)
City New Smyrna Beach
View Y/N N
Senior Community Y/N N
Total Units 0
MLS Area 901 - Volusia
Lot Size Square Feet 332362.8
Waterfront Y/N N
Street Name 3rd
Land Lease Y/N N
Tax Annual Amount 39774.2
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 901 - Volusia
Additional Parcels Y/N N
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/981145
Standard Status Active
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
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Interior
Flooring Other
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Other
Lot Features Wooded
Lot Size Area 7.63
Spa N
Lot Size Acres 7.63
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 429
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* Excluded Features
List By
Collado Real Estate

Broker

frontdesk@colladorealestate.com

Email

Affordability Calculator

$125,557
Per Month
97%
3%
0%
Monthly Principal & Interest
$122,243
Monthly Property Taxes
$3,315
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1363035 Elementary School
1362897 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2024$17,500,000 -2.78% Price Down
11/25/2023$18,000,000 Listed Price

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429 E 3rd Avenue, New Smyrna Beach, FL, 32169 is a Commercial Property for sale at $17,500,000 with a lot size of 7.63. 429 E 3rd Avenue is a studio with 0.0 baths and was built in 2023. The property's zip code is 32169 which is in New Smyrna Beach, FL