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Investment Highlights

  • 2- parcels - 732412050040 & 732412050030
  • Future Zoning UMI - 8-units per acre

Executive Summary

Located in New Smyrna Beach, this undeveloped offering includes two parcels totaling approximately 3 acres, presenting a prime opportunity for future development. Ideal for a custom single-family residence, the property also holds strong potential for a multi-unit project with a zoning change from R4 to UMI. Conveniently positioned near shopping, dining, and major thoroughfares, this site combines flexibility, location, and long-term upside for investors or end users alike.

Property Facts

Price $109,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 3.00 AC
Cross Streets Wilson Circle
Zoning Vacant Res - Currently R4. Future Land Use is Urban Medium Density (UMI) which allows up to 8-units per acre.

1 Lot Available

Lot

Price $109,000
Price Per AC $36,333.33
Lot Size 3.00 AC

Seller Motivated!! Seller financing with 30% down, 6% interest is approved offer

Description

This undeveloped land consists of 2 parcels of approximately 3 acres. The Future Land Use is Urban Medium Density (UMI) which allows for up to 8- units per acre. A zoning change from R4 to UMI will be required to build a multi-unit development. Close to public shopping and corridors.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
7324-12-05-0040
Land Assessment
$67,200
Improvements Assessment
$0
Total Assessment
$67,200
  • Listing ID: 28862820

  • Date on Market: 6/27/2023

  • Last Updated:

  • Address: 0 Paige Ave, New Smyrna Beach, FL 32168

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