For Sale: 89 Lots for Residential Development

New Smyrna Beach, FL (Volusia County)

Asking Price: $8,000,000
Land / Lot Details
Listed on Aug 13, 2024

A unique investment opportunity in New Smyrna Beach! 89 lots available for a large-scale residential development project, with the potential to build over 120 homes.

Key Features:

Location: New Smyrna Beach, Florida, located on the east coast of Florida, about 20 minutes south of Daytona Beach and 1 hour east of Orlando.
Number of Lots: 89
Development Project: Construction of ±120 homes
Community Support: The municipality is supportive of the development project
Plans Available: The seller has infrastructure plans that need to be completed by engineers to start the project. The zoning is already residential.
Community Information:

Demographics: New Smyrna Beach is a growing city with a population of around 30,000 residents. The city attracts a mix of local buyers and new residents from densely populated areas seeking a quieter, coastal lifestyle.

Real Estate Market: The real estate market in New Smyrna Beach is vibrant, with increasing demand for single-family homes, particularly in well-located communities. Property values in the area have steadily risen in recent years, making this investment particularly appealing.

Local Attractions: New Smyrna Beach is known for its beautiful beaches, friendly atmosphere, and proximity to major attractions like the Kennedy Space Center, Orlando's theme parks, and protected natural areas.

Precise Geographic Details:

The lots are ideally located near major access routes, with easy access to I-95, facilitating travel to Daytona Beach, Orlando, and other major Florida cities. The area also benefits from access to quality public services, including schools, hospitals, and shopping centers, making the development of these lots particularly advantageous for future residents.

This project represents an exceptional opportunity for real estate developers looking to invest in a rapidly growing region. With community support and strong demand for this type of housing, this project is ideal for making a significant financial impact.

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Financials (USD)

Asking Price $8,000,000

Property Details

Street Address Willard Street

Parcel Size 30.00 Acres

Zoning residential

Deal Terms

Who is Listing the Property? Owner

Seller Financing Available? Available On Request

Seller Willing To Lease? Available On Request

Broker Co-Op? Available On Request

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