LOT SIZE 0.490 acres
MLS#NS1085537
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONGRIMSLEY & HEALY IN LEWIS HOMESTEAD
Property Description
Development Opportunity - Zoned R-5. Situated just minutes from the vibrant Canal Street Historic District and a short ride to the beach, this cleared 0.45-acre lot is a prime canvas for new residential development. Zoned R-5 (Urban Single-Family Residential), the parcel allows up to three single-family or modular homes, each on a minimum 5,000 sq ft lot. With no structures to demolish, utilities nearby, and excellent street frontage (91 feet wide), the lot is ready for immediate subdivision and development. Whether you're a builder looking to create a small cluster of homes or an investor seeking strong long-term rental yield, 108 S Myrtle Ave offers flexibility, location, and real growth potential.Located in one of New Smyrna Beach's most up-and-coming infill areas-close to shops, schools, dining, and the Intracoastal-this opportunity won't last long.
Property Features
Property Type: Land - Residential
Lot Size: 0.49 Acres
Taxes: $5,369
Feature Descriptions
Days on Site: 226
Directions: Head east on FL-44 E. Pass by AutoZone Auto Parts (on the right in 1.1 mi)Turn left onto S Myrtle Ave.Destination will be on the left.
Flood Zone Code: AE
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Owner Financing
Lot: Buildable, Cleared
Lot Dimensions: 0.49
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Go Direct
Special Sale Provisions: None
Utilities: Electricity Available, Sewer Available, Water Available
Water: None
Water Access Y/N: No
Zoning: R5
Local Schools
High School: New Smyrna Beach High
Middle School: New Smyrna Beach Middl
Elementary School: Chisholm Elem
Listed By / Shown By
Listed By
Agency Name: COLLADO REAL ESTATE
Agency Contact: 386-427-0002
Shown By
Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
Estimate Your Payment
Estimated Payment
$ 2,945.69 per month $2,368.48 Principal & Interest $447.42 Property Tax $129.79 Homeowner's Insurance
108 S Myrtle Avenue | MLS# NS1085537
This land located at 108 S Myrtle Avenue, New Smyrna Beach, FL 32168 is currently listed for sale with an asking price of $445,000. The property has approximately 0.49 Acres. Search New Smyrna Beach real estate on www.adamscameroncommercial.com today.