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429 E 3RD AVENUE New Smyrna Beach, FL $ 15,900,000
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$ 15,900,000 Get more info
429 E 3RD AVENUE
$ 15,900,000
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429 E 3RD AVENUE

New Smyrna Beach, FL, 32169
$ 15,900,000
Bedrooms-- Baths-- Sq 562,740

Monthly Estimate*

$ 99,195

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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Commercial Property for sale in New Smyrna Beach, FL

for $15,900,000. This 562,740 square foot building was built in 2023 on a lot size of 11.73.

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 5-7-27. 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. New Smyrna Beach is voted BEST BEACH for 8 years in a row by readers of Orlando Sentinel and is well known for its abundant fishing coves. This site has been identified by the city of New Smyrna as having a high priority for redevelopment. This is a great opportunity to develop in a rapidly growing Central Florida beach market. Includes parcels #741605240102, 741506240101, 741600030010.

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Commercial Active

Price

$ 15,900,000

Property Type

Commercial

Taxes

$ 33,357

Style

Hotel/Motel

Lot Size

11.73

Year Built

2023

Town/City

New Smyrna Beach

County/Region

Volusia

MLS | Web ID

O6159759
Features
General
Cooling none
Zoning pud
Construction Materials other
Year Built 2023
Property Subtype hotel/motel
Tax Year 2022
Ownership other
Waterfront Features river front
Additional Parcels Description 741605240102
County volusia
New Construction no
Property Type commercial sale
HOA N
Facing Direction north
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
MLS Area 32169 - new smyrna beach
Lot Size Units acres
Lot Size Square Feet 562740
Tax Annual Amount 33357
Additional Parcels Y/N yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/o6159759
Building Area Units square feet
Living Area Units square feet
Standard Status active
Tax Lot 0100
Legal Description 16-17-34 portion of lots 9 thru 11 blk 24 detwilers 1st addi tion new smyrna beach mb 7 pg 85 mb 22 pg 129 & inc portion of govt lot 5 as described in or 7612 pg 2206 per or 5672 pg
Water View canal intracoastal waterway lagoon river
Water Access Type canal - brackish lagoon river
Water Access Y/N yes
Water View Y/N yes
Flood Zone Code x500
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Exterior
Lot Size Area 12.9187
Foundation Details other
Number of Buildings 0
Building Area Total 562740
Lot Size Acres 11.73
Road Surface Type asphalt
Waterfront Y/N yes
Road Frontage Type state road
Number of Lots 2
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Interior
Air Conditioning Y/N no
Total Baths 0
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Internal Only
Street Number 1 429
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* Excluded Features
List By
Collado Real Estate

Broker

pat@colladorealestate.com

Email

Affordability Calculator

$101,975
Per Month
97%
3%
0%
Monthly Principal & Interest
$99,195
Monthly Property Taxes
$2,780
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
266288 Elementary School
265661 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
7/23/2025$15,900,000 -1.79% Price Down
6/10/2025$16,190,000 -0.98% Price Down
3/14/2025$16,350,000 -0.88% Price Down
1/9/2025$16,495,000 -1.58% Price Down
12/5/2024$16,760,000 -0.59% Price Down
9/12/2024$16,860,000 -3.66% Price Down
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 $15,900,000 with 562,740 sqft and a lot size of 11.73. 429 E 3RD AVENUE was built in 2023. The property's zip code is 32169 which is in New Smyrna Beach, FL

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