Land For Sale • 0.18 AC
Attention Builders & Investors—Prime Mixed-Use Opportunity in New Smyrna Beach ALL OFFERS CONSIDERED Unlock the potential of this rare parcel located in the highly sought-after Mixed Use (MU) zoning corridor near Canal Street in New Smyrna Beach. With a limited supply of MU-zoned vacant land in the area, opportunities like this are becoming increasingly scarce. Ideally positioned just half a block off West Canal Street and north of the American Legion Club, this property offers exceptional flexibility for a variety of development options. Preliminary planning has already been completed for a triplex configuration, featuring one 2-bedroom/1-bath unit upstairs and two 1-bedroom/1-bath units below. Projected annual rental income is estimated at approximately $60,000, with additional upside potential through short-term rental platforms like Airbnb. The Mixed Use District serves as the city’s hub for commercial, professional, governmental, and cultural activity—allowing for a wide range of permitted uses. Buyers are encouraged to explore the City of New Smyrna Beach’s MU zoning regulations to fully capitalize on this property's versatility. Located in the heart of the city, you’re just minutes from the vibrant downtown district and a short drive to the area’s renowned beaches—making this an ideal investment for both long-term income and future appreciation.
| Minutes from active Historical Downtown Business and Entertainment District |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Daytona Beach International | 27 min | - | 18.5 mi |
| Orlando Sanford International | 48 min | - | 32.3 mi |