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1070 10th St
New Smyrna Beach, FL 32168
Land For Sale
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10.33 AC


INVESTMENT HIGHLIGHTS
- Across from New Smyrna Beach
- Full Site Plan Approval
EXECUTIVE SUMMARY
PROPERTY FACTS Under Contract
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 10.33 AC |
| Zoning | Multi-Family - Up to 80 multifamily units have been approved by the City of New Smyrna Beach | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 10.33 AC |
| Zoning | Multi-Family - Up to 80 multifamily units have been approved by the City of New Smyrna Beach |
1 LOT AVAILABLE
Lot
| Price | $3,810,862 CAD | Lot Size | 10.33 AC |
| Price Per AC | $368,912.07 CAD |
| Price | $3,810,862 CAD |
| Price Per AC | $368,912.07 CAD |
| Lot Size | 10.33 AC |
10.33 Acres, 8 units per acre, up to 80 multifamily units. Located adjacent to Daytona State College and across the street from the New Smyrna Beach/Edgewater High School.
DESCRIPTION
Please see the Dropbox link below to the public file which contains the survey, conceptual site plan and other information. Zoning is approved at 8 units per acre, maximum of 80 units. The Seller is currently engaged in obtaining all site plan approvals for 78 fee simple townhouse units; 20' x 80'. The buyer/developer will be responsible for permits. There is a proposed traffic signal at the entrance across the street from the school, the cost is to be divided, with the developer paying one-third, we estimate the developer portion to be around $275K. Dropbox Link: https://www.dropbox.com/sh/hjl68eltpfgb6i3/AABASe4pFQqEFVkUAp5cDVdfa?dl=0 Public File Folders: • Conceptual site plan • Sales Brochure • Surveys • Utilities • Trails map
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $866,836 CAD | Total Assessment | $866,836 CAD |
