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823 Canal St - MIXED USE - Residential or Commercial!

1.43 Acres of Commercial Land Offered at $827,500 in New Smyrna Beach, FL 32168

Investment Highlights

  • 1.43 acres in prime Historic Downtown location
  • Walk to restaurants, shopping, entertainment and more
  • 10 minutes to the Atlantic Ocean and beachside shopping district
  • Utilities on site
  • Visibility on Canal Street (Business SR 44) main thoroughfare into downtown New Smyrna Beach

Executive Summary

Seller will consider Owner Financing at newly REDUCED PRICE! Mix the land uses on this INFILL DEVELOPMENT OPPORTUNITY. MEDICAL, RESIDENTIAL, OR COMMERCIAL! FRONTAGE ON FOUR ROADS!
1.43 ACRES OF PRIME MIXED USE LAND!
Bring Offers.

Property Facts

Price $827,500
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Bank
  • Bar
  • Community Center
  • Convenience Store
  • Drugstore
  • Healthcare
  • Health Club
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Lodge or Meeting Hall
  • Medical
  • Motel
  • Parking Garage
  • Public Library
  • Public Park
  • Religious Facility
  • Restaurant
  • Schools
  • Shelter
  • Single Family Development
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Veterinarian or Kennel
  • Single Family Residence
Total Lot Size 1.43 AC

1 Lot Available

Lot

Price $827,500
Price Per AC $578,671
Lot Size 1.43 AC

Multi-parcel listing with frontage on W Canal Street and access via N Duss Street, Inwood Avenue and Julia Street. Can be developed for residential or commercial use with mixed use zoning.

Description

REDUCED PRICE! Prime Mixed-Use (MU) Zoned land in the Historic Downtown District of New Smyrna Beach, less than a mile from the river and across the causeway to the beaches. This property combines eight (8) 50' x 100' lots from 4 adjoining parcels. Property has frontage on 4 roads (city block) with a combined 600' of total road frontage and access via Duss St, Julia St, and Inwood Ave. One parcel includes a structure while the other parcels are vacant land. Mixed-Use zoning allows for single-family homes, multi-family, hotel, retail, schools, churches, professional services, medical and more.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 7418-08-32-0040
  • 7418-08-32-0020
Land Assessment
$57,375
Improvements Assessment
$0
Total Assessment
$57,375

zoning

Zoning Code MU (Mixed Use)
MU (Mixed Use)
  • Listing ID: 30935426

  • Date on Market: 2/12/2024

  • Last Updated:

  • Address: 823 Canal St, New Smyrna Beach, FL 32168

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