429 3Rd AveNew Smyrna Beach, FL 32169

Property Details for 429 3Rd Ave

Property type

Specialty properties

Property subtype

Other specialty properties

Description

This exceptional waterfront property, located at 429 E 3rd Ave in New Smyrna Beach, Florida (32169), presents a unique development opportunity. Priced at $16,860,000, this special purpose property boasts approximately 1,000 feet of Intracoastal waterfront access, offering unparalleled views and potential. The site is fully entitled for a Hyatt Place hotel, under site plan number SP-30-18, with entitlements valid until May 27, 2027. This prime location acts as a gateway to New Smyrna Beach and its vibrant 3rd Avenue business district, which is home to a variety of shopping, dining, and entertainment options. The property's proximity to historic Canal Street and Flagler Avenue adds to its appeal. Enjoy easy access to the Atlantic Ocean beaches, a short 20-minute drive to Daytona International Airport, and convenient access to Orlando International Airport and its attractions (approximately one hour away). New Smyrna Beach has consistently been recognized for its exceptional beaches, having been voted "Best Beach" for eight consecutive years by Orlando Sentinel readers, and is renowned for its abundant fishing coves. The City of New Smyrna Beach has identified this site as a high priority for redevelopment, highlighting its significant potential for future growth and investment. The lot size is not specified.

Location Insight

City

New Smyrna Beach

County

Volusia

State

Florida

Latitude

29.0276

Longitude

-80.9015

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