1005 Canal Street, New Smyrna Beach, FL 32168
- $295,000
- Sold Price
- $295,000
- List Price
- $325,000
- Status
- Sold
- Days on Market
- 46
- Closing Date
- Sep 26, 2025
- MLS#
- NS1085395
- Lot Size
- 20,164
- Acres
- 0.46
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Palm Park
- MLS Area Major
- New Smyrna Beach
Property Description
Build-Ready Redevelopment Lot. Situated within the City’s valued Canal Street Community Redevelopment Area, this fully cleared .43-acre corner lot offers a rare opportunity for bold new development. Zoned MU/10B3, this site is primed for accelerated turnaround with no existing demolition required. Just steps from the charming Canal Street Historic District, this site is immersed in monthly Art Strolls, Sip & Stroll, classic car events, and community markets amid pedestrian-friendly, tree-lined avenues. A stone’s throw from the beach and Intracoastal, ~25 minutes to Daytona Beach, and ~1 hour to Orlando International Airport, it offers appeal to both coastal tourists and working professionals. Developers, entrepreneurs, and investors—envision a boutique café with upstairs rentals, a cluster of short-term luxury units, or a professional plaza serving local needs. This location blends vibrant foot traffic, growth incentives, and transportation convenience, delivering exceptional ROI potential. Fully cleared and ready for design, construction, and immediate occupancy. Utilities are in place. Create your vision in NSB’s thriving redevelopment corridor.
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Additional Information
- Taxes
- $3985
- Location
- Buildable, Cleared, Corner Lot, Drainage Canal, May Need To be Filled, Other, Oversized Lot, Room For Pool, Street Lights, Paved, Urban
- Community Features
- Street Lights, No Deed Restriction
- Zoning
- 10B3
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public, Sewer Available, Utility Pole, Water Available
- Pool
- No Pool
- Middle School
- New Smyrna Beach Middl
- High School
- New Smyrna Beach High
- Flood Zone Code
- AE
- Parcel ID
- 7419-02-01-0010
- Legal Description
- 19-17-34 LOT 1 & W 40 FT OF LOT 2 & LOT 5 & INC S 1/2 OF VAC ALLEY LYING AJD TO LOT 1 & W 40 FT OF LOT 2 & INC N 1/2 OF VAC ALLEY LYING ADJ TO LOT 5 BLK A PALM PARK SUB MB 19 PG 47 PER OR 1717 PG 0642 PER OR 1986 PG 139 PER OR 8255 PG 4409 PER OR 828 2 PG
Listing courtesy of COLLADO REAL ESTATE. 386-427-0002
Selling Office: BEACHSIDE REALTY OF VOLUSIA.Mortgage Calculator
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