ATTN BUILDER/INVESTORS...an array of potential opportunities available for this Canal St area parcel in New Smyrna Beach located in the MU zoning corridor. There is a very limited supply of MU zoned vacant land available in the city of New Smyrna Beach. This property located 1/2 blk off W Canal Street just to the N of the American Legion Club. The highest and best use appears to be multifamily/ rental income. Site plan was completed for a triplex bldg with a 2 bed/1 bath unit upstairs and two 1 bed/1 bath downstairs units w/ annual income estimated to be approximately $60,000.. The Mixed Use District forms the metropolitan center for commercial, financial, professional, governmental, and cultural activities. Many uses are permitted so check out City of New Smyrna Beach MU zoning regs.
Property Type :
Multi-Family Land
Subdivision :
Lowds
County :
Volusia
Style :
Multi-Family Land
Sell a home like this and save $10,001 Find Out How
Daytona Beach Association of REALTORS
ByOwner last updated this listing 05/03/2024 @ 20:50
MLS: 1118894
LISTED BY: Bryan Disbrow , Collado Real Estate
SOURCE: Daytona Beach Association of REALTORS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
