Land - Real Estate in New Smyrna Beach
Listing Price: $450,000
Description of Property
Development Opportunity – Zoned R-5. Situated just minutes from the vibrant Canal Street Historic District and a short ride to the beach, this cleared 0.45-acre lot is a prime canvas for new residential development. Zoned R-5 (Urban Single-Family Residential), the parcel allows up to three single-family or modular homes, each on a minimum 5,000 sq ft lot. With no structures to demolish, utilities nearby, and excellent street frontage (91 feet wide), the lot is ready for immediate subdivision and development. Whether you’re a builder looking to create a small cluster of homes or an investor seeking strong long-term rental yield, 108 S Myrtle Ave offers flexibility, location, and real growth potential. Located in one of New Smyrna Beach’s most up-and-coming infill areas—close to shops, schools, dining, and the Intracoastal—this opportunity won’t last long.
Property Details At A Glance
Property Type: Land
City: New Smyrna Beach
County: Volusia
Subdivision: Grimsley & Healy In Lewis Homestead
Annual Tax: $5,370
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Schools
Elementary School: Chisholm Elem
Middle/Junior High School: New Smyrna Beach Middl
High School: New Smyrna Beach High
Sewer: Public Sewer
Water Source: None
Lot Information
Lot Features: Cleared
Lot Size (acres): 0.49
Lot Size (sq. ft.): 21,500 square feet
Lot Dimensions: 91 x 217
Legal Description & Other Information
Financing Available: Owner May Carry
Parcel Number: 741809000050
Zoning: R5
Tax Legal Desc.: LOTS 5 & 6 GRIMSLEY & HEALEY SUB LEWIS HOMESTEAD MB 5 PG 70 PER OR 3957 PG 1422 PER OR 6095 PG 1862 PER OR 6210 PG 3235 PER OR 6574 PG 3981 PER OR 7363 PG 4475 PER OR 8331 PG 2262 PER OR 8535 PG 4425
Section: 18
Range: 34
Listing courtesy of COLLADO REAL ESTATE. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
