$225,000

WALLACE ROAD, New Smyrna Beach, FL 32168

Land
Built in ——
0.72acre lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Prime development opportunity in the heart of New Smyrna Beach’s thriving business district! This **0.72-acre vacant lot** is zoned **B-2 (Highway Business)**, offering exceptional flexibility for a variety of commercial or mixed-use development possibilities. The zoning allows for **multifamily residential construction**, making this an ideal site for investors, developers, or builders looking to capitalize on the strong growth and demand in the area. Positioned in a highly visible and accessible location, the property sits within close proximity to major thoroughfares, established businesses, retail, dining, and the vibrant coastal lifestyle that makes New Smyrna Beach one of Central Florida’s most desirable markets. **Seller already has development plans drafted**, providing a valuable head start for buyers interested in bringing a multifamily or mixed-use project to life. With nearly three-quarters of an acre to work with, this parcel offers ample space and outstanding potential for income-producing development. Opportunities like this are rare in such a prime location. Don’t miss your chance to secure a strategically located parcel with strong investment potential in one of Florida’s fastest-growing coastal communities. **Highlights:** * 0.72 acres vacant land * B-2 (Highway Business) zoning * Multifamily development permitted * Seller has preliminary development plans drafted * Located in the heart of the New Smyrna Beach business district * Excellent opportunity for investors and developers Buyer must verify all permitted uses and options for the property with the municipality BEFORE making any offer.

Listing Status:: Active
Date Added:: March 14, 2026
Data Last Updated:: May 2, 2026 at 6:21AM
Listing Office:: NSB HOMES LLC : 386-427-0439
Listing Agent:: Donna Concannon :
MLS ID:: NS1087589

Road/Access: Access RoadCity Street
Originating MLS: Stellar MLS
County: Volusia

Zoning: B-224-17-33 PART OF LOT 10 W OF CR & N OF RR BEING 175.3 FT ON N/L & 124 FT ON W/L HAWLEY SUB PER OR 3935 PG 4691 PER OR 5713 PGS 3890-3891 PER OR 8310 PG 1011 PER OR 8692 PG 27977324-01-00-0102
Current Use: Commercial

Utilities: Electricity AvailablePublicSewer AvailableWater Available
Water: None
Sewer: Public Sewer

Source: Stellar MLS
Ownership: Fee Simple

This listing courtesy of Donna Concannon , NSB HOMES LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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