429 E 3rd Ave New Smyrna Beach, FL 32169
New Smyrna Beachfront NeighborhoodEstimated payment $85,215/month
Highlights
- Property fronts an intracoastal waterway
- 11.73 Acre Lot
- 5-minute walk to Callalisa Park
- Coronado Beach Elementary School Rated 9+
- No HOA
About This Lot
Waterfront beachside Intracoastal access development opportunity just east of the New Smyrna Beach Intracoastal Waterway bridge on the south side of 3rd Avenue with approximately 1,000 ft of waterfront. Fully entitled for a Hyatt Place PUD site plan no. sp-30-18 good through 5-27-27. Prime location on A1A/3rd Ave overlooking the Intracoastal Waterway access and Indian River Lagoon estuary. This is the primary beach access from the Orlando Metro Area. This property is the gateway to New Smyrna Beach and the 3rd Avenue business district which features shopping, dining, entertainment, nearby historic Canal St and Flagler Ave. It is located a short walk to the Atlantic Ocean beaches, 20 minutes to Daytona International Airport, 1 hour to Orlando Airport and attractions. New Smyrna Beach is voted BEST BEACH for 8 years in a row by readers of Orlando Sentinel and is well known for its abundant fishing coves. This site has been identified by the city of New Smyrna as having a high priority for redevelopment. This is a great opportunity to develop in a rapidly growing Central Florida beach market. Includes parcels #741605240102, 741506240101, 741600030010.
Property Details
Property Type
- Land
Est. Annual Taxes
- $34,747
Lot Details
- 11.73 Acre Lot
- Property fronts an intracoastal waterway
- Cleared Lot
Property Views
- Intracoastal
- River
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 7416-05-24-0100
Map
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 |
|---|---|---|---|---|
| 2026 | $44,761 | $2,872,713 | $2,738,198 | $134,515 |
| 2025 | $44,761 | $2,872,713 | $2,738,198 | $134,515 |
| 2024 | $39,774 | $2,879,886 | $2,738,198 | $141,688 |
| 2023 | $39,774 | $2,590,761 | $2,464,616 | $126,145 |
| 2022 | $34,747 | $2,164,340 | $2,054,243 | $110,097 |
| 2021 | $41,948 | $1,844,361 | $1,746,464 | $97,897 |
| 2020 | $41,760 | $1,843,470 | $1,746,464 | $97,006 |
| 2019 | $62,060 | $2,873,137 | $2,755,155 | $117,982 |
| 2018 | $61,953 | $2,820,461 | $2,698,978 | $121,483 |
| 2017 | $62,764 | $2,781,996 | $2,131,298 | $650,698 |
| 2016 | $59,937 | $2,454,914 | $0 | $0 |
| 2015 | $57,267 | $2,240,968 | $0 | $0 |
| 2014 | $55,318 | $2,118,605 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Price Changed | $15,900,000 | -1.8% | -- |
| 06/10/2025 06/10/25 | Price Changed | $16,190,000 | -1.0% | -- |
| 06/01/2025 06/01/25 | Price Changed | $16,350,000 | -0.9% | -- |
| 01/09/2025 01/09/25 | Price Changed | $16,495,000 | -1.6% | -- |
| 12/05/2024 12/05/24 | Price Changed | $16,760,000 | -0.6% | -- |
| 09/12/2024 09/12/24 | Price Changed | $16,860,000 | -3.7% | -- |
| 11/25/2023 11/25/23 | For Sale | $17,500,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | First American Title Insuran | |
| Warranty Deed | $3,500,000 | First American Title Insuran | |
| Quit Claim Deed | $6,800 | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $2,000,000 | -- | |
| Deed | $2,397,400 | -- | |
| Deed | $100 | -- | |
| Deed | $2,750,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,000,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $1,500,000 | Commercial |
Source: Daytona Beach Area Association of REALTORS®
MLS Number: 1116575
APN: 7416-05-24-0100
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