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Investment Highlights

  • Minutes from active Historical Downtown Business and Entertainment District

Executive Summary

Potential Site plan and building design have been created for user. Cash buyers only, AS IS vacant land Contracts only. Contact listing agent for more details

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per AC (CAD)
Taxes - -
Operating Expenses $547 $2,973.57
Total Expenses $547 $2,973.57

Financial Summary (Actual - 2025)

Taxes (CAD)
Annual -
Annual Per AC -
Operating Expenses (CAD)
Annual $547
Annual Per AC $2,973.57
Total Expenses (CAD)
Annual $547
Annual Per AC $2,973.57

Property Facts

Price $150,462 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 0.18 AC
Zoning MU - MU allows for a wide variety of uses including business and residential. All zoning docs available. You can intermix business and multifamily see site

1 Lot Available

Lot 12

Price $150,462 CAD
Price Per AC $817,730.47 CAD
Lot Size 0.18 AC

Vacant Land cleared 147 x 54 Lot ready for development 41-17-34 LOTS M LOWDS SUBDIVISION LOT 12 BLK 2 VICTORIA LOWD LAND IN STAMPS TRACT MB 4 PG 53 MB 17 PG 135 PER OR 2517 PG 0723 PER OR 7047 PG 4089 PER OR 7644 PG 4889 PER OR 7774 PG

Description

Attention Builders & Investors—Prime Mixed-Use Opportunity in New Smyrna Beach Unlock the potential of this rare parcel located in the highly sought-after Mixed Use (MU) zoning corridor near Canal Street in New Smyrna Beach. With a limited supply of MU-zoned vacant land in the area, opportunities like this are becoming increasingly scarce. Ideally positioned just half a block off West Canal Street and north of the American Legion Club, this property offers exceptional flexibility for a variety of development options. Preliminary planning has already been completed for a triplex configuration, featuring one 2-bedroom/1-bath unit upstairs and two 1-bedroom/1-bath units below. Projected annual rental income is estimated at approximately $60,000, with additional upside potential through short-term rental platforms like Airbnb. The Mixed Use District serves as the city’s hub for commercial, professional, governmental, and cultural activity—allowing for a wide range of permitted uses. Buyers are encouraged to explore the City of New Smyrna Beach’s MU zoning regulations to fully capitalize on this property's versatility. Located in the heart of the city, you’re just minutes from the vibrant downtown district and a short drive to the area’s renowned beaches—making this an ideal investment for both long-term income and future appreciation.

Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
7441-24-00-0130
Land Assessment
$43,796 CAD (2026)
Improvements Assessment
$0 CAD (2026)
Total Assessment
$43,796 CAD (2026)
  • Listing ID: 39227916

  • Date on Market: 2026-01-27

  • Last Updated:

  • Address: 124 Dimmick St, New Smyrna Beach, FL 32168

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