Listing Details for MLS # V4940853
2918 Hardy Avenue, New Smyrna Beach, Fl 32168

Residential Property - Single Family Residence in New Smyrna Beach

Listing Price: $1,650,000Days on Market: 8

Description of Property

Prime Development Opportunity in New Smyrna Beach – Spanning nearly 3 acres across three parcels (2910 Hardy Ave MLS#V4940855, 2918 Hardy Ave MLS# V4940853, and Bayview Ave MLS#V4940973), this exceptional property offers a rare and valuable opportunity for builders and developers in one of New Smyrna Beach's most desirable areas. Located just a block away from upscale intercoastal homes with stunning water views, this property is surrounded by high-value comps, making it a perfect site for residential development. Zoned Single Family Residence 10R2, this property is APPROVED FOR 10 HOME SITES AND IS 20 LOTS IN TOTAL—an ideal investment in a rapidly growing and highly sought-after location. One of the most valuable features of this property is that the front 10 lots are already stubbed out for water and public sewer, significantly streamlining the development process for any future homes. Additionally, impact fees for the two existing homes (2910 and 2918 Hardy Ave) have already been paid, providing a cost-saving advantage to developers. The property includes two existing homes, each offering great potential for rental income or use during the development process. 2918 Hardy Ave is a 3-bedroom, 2-bath wood-frame residence, offering 1,992 sqft on 1.79 acres of prime land. With vaulted ceilings, exposed beams, a commercial-grade gas stove, ample covered parking, and additional storage and structures, this home is perfect for temporary housing during construction or could be renovated for additional rental income. This vast lot offers plenty of space for expansion or further development. The additional home at 2910 Hardy Ave is a 2-bedroom, 2-bath, 2-car garage concrete block residence with 1,555 sqft and recently remodeled living space. Sitting on a 26,000 sq ft lot and featuring modern updates such as new hurricane-rated windows, a gourmet kitchen with Bosch appliances, exotic hardwood floors, and vaulted ceilings, this home serves as an excellent model home or office during development, while also generating rental income. Keep 1? Keep both? Clear them all ... completely your decision as the next owner!? Lastly, Bayview Ave located directly behind 2910 Hardy Ave - is an additional 26,000 sq ft vacant residential lot ready for whatever you have drawn out! 131 x 192 ... so imagine what you could build here. Especially with the additional 2 parcels and total acreage! Located just minutes from key amenities such as the Turnbull Bay boat launch, Flagler Avenue, Canal Street, New Smyrna Sports Complex/ Airport, and Atlantic Center for the Arts, this property is ideally positioned for residential development. The surrounding area, with its proximity to the intercoastal waterway, offers strong demand for waterfront properties, making this an excellent opportunity to create a vibrant, upscale community. Whether you're looking to expand an existing development project or create something entirely new, this property provides the space, zoning, and infrastructure to turn your vision into reality. Don't wait. Act fast as our out of state developers and expanding builders will be acting fast upon such an opportunity here in NSB. Seller Motivated. Let's make a deal! All information deemed reliable but not guaranteedThe average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $560,939. This single family residence is listed at about 294% of the average asking price. There are 3 3 bedroom/2 bath homes between $1,400,000 and $2,000,000 currently listed for sale in this Zip code. See other listings like this one »