$450,000 for Sale

108 s myrtle avenue , new smyrna beach, FL 32168

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Property Description
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.
General Information
Sale Price: $450,000
Price/SqFt:
Status: Active
MLS#: NS1085537
City: new smyrna beach
Post Office: new smyrna beach
Schools: new smyrna beach high
County: Volusia
Subdivision: grimsley & healy in lewis homestead
Acres: 0.49
Lot Dimensions: 91 x 217
Size:
Acreage: 0.49 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes:  $5,370
Legal Description:  LOTS 5 & 6 GRIMSLEY & HEALEY SUB LEWIS HOMESTEAD MB 5 PG 70 PER OR 3957 PG 1422 PER OR 6095 PG 1862 PER OR 6210 PG 3235 PER OR 6574 PG 3981 PER OR 7363 PG 4475 PER OR 8331 PG 2262 PER OR 8535 PG 4425


Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Ignacio Barsottelli of COLLADO REAL ESTATE, Phone: 386-427-0002
941-662-7630 Call Cary Saffran for more information about this property.

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