108 S Myrtle Ave New Smyrna Beach, FL 32168
Southwest New Smyrna NeighborhoodEstimated payment $2,818/month
Total Views
8,135
0.49
Acre
$908,163
Price per Acre
21,344
Sq Ft Lot
Highlights
- 0.49 Acre Lot
- No HOA
- 2-minute walk to Myrtle Avenue Park
- Park or Greenbelt View
About This Lot
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.
Listing Agent
COLLADO REAL ESTATE Brokerage Phone: 386-427-0002 License #3428688 Listed on: 07/21/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,370
Lot Details
- 0.49 Acre Lot
- Lot Dimensions are 91x217
- Cleared Lot
- Property is zoned R5
Property Views
- Park or Greenbelt Views
Schools
- Chisholm Elementary School
- New Smyrna Beach Middl Middle School
- New Smyrna Beach High School
Community Details
- No Home Owners Association
- Grimsley & Healy In Lewis Homestead Subdivision
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 7418-09-00-0050
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,801 | $384,698 | $43,775 | $340,923 |
| 2024 | $5,801 | $323,463 | $43,775 | $279,688 |
| 2023 | $5,801 | $334,210 | $41,200 | $293,010 |
| 2022 | $4,646 | $330,876 | $43,775 | $287,101 |
| 2021 | $4,085 | $238,102 | $43,775 | $194,327 |
| 2020 | $3,700 | $210,582 | $43,775 | $166,807 |
| 2019 | $3,640 | $214,974 | $46,350 | $168,624 |
| 2018 | $3,450 | $206,038 | $31,415 | $174,623 |
| 2017 | $3,226 | $184,469 | $29,783 | $154,686 |
| 2016 | $3,119 | $165,018 | $0 | $0 |
| 2015 | $2,836 | $133,377 | $0 | $0 |
| 2014 | $2,805 | $145,900 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Price Changed | $445,000 | -1.1% | -- |
| 07/21/2025 07/21/25 | For Sale | $450,000 | -18.2% | -- |
| 03/25/2024 03/25/24 | Sold | $550,000 | 0.0% | $442 / Sq Ft |
| 03/11/2024 03/11/24 | Pending | -- | -- | -- |
| 02/04/2024 02/04/24 | For Sale | $550,000 | -- | $442 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | None Listed On Document | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $147,000 | Compleat Title Inc | |
| Trustee Deed | -- | None Available | |
| Deed | $27,700 | -- | |
| Deed | $29,500 | -- | |
| Deed | $19,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $345,000 | Construction | |
| Previous Owner | $206,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $20,617 | Unknown | |
| Previous Owner | $154,000 | Unknown | |
| Previous Owner | $105,000 | New Conventional |
Source: Public Records
About the Listing Agent
Welcome to the world of real estate excellence! With a wealth of experience spanning several years, Ignacio has earned a reputation as an unwavering and dependable agent who consistently goes the extra mile for his clients.
#1 Realtor in New Smyrna Beach MLS Ranking. Ranked Among the Top 1% of US Realtors. 100% Listings Accuracy with a 3-Week Average on the Market. 5-Star Zillow Realtor. Top Producer on LuxuryRealEstate.com.
Whether you're contemplating selling or buying your property,
Ignacio's Other Listings
Source: Stellar MLS
MLS Number: NS1085537
APN: 7418-09-00-0050
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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