Property
ActiveLand
1/7
$180,000

WALLACE ROAD

New Smyrna Beach, FL 32168
0
Beds
0
Baths
0
SqFt
0.72
Acres
STELLAR
#NS1087589
Updated: Jun 30, 2026, 12:38pm

Property Description

Prime development opportunity in the heart of New Smyrna Beach’s thriving business district! This **0.72-acre vacant lot** is zoned **B-2 (Highway Business)**, offering exceptional flexibility for a variety of commercial or mixed-use development possibilities. The zoning allows for **multifamily residential construction**, making this an ideal site for investors, developers, or builders looking to capitalize on the strong growth and demand in the area.

Positioned in a highly visible and accessible location, the property sits within close proximity to major thoroughfares, established businesses, retail, dining, and the vibrant coastal lifestyle that makes New Smyrna Beach one of Central Florida’s most desirable markets.

**Seller already has development plans drafted**, providing a valuable head start for buyers interested in bringing a multifamily or mixed-use project to life. With nearly three-quarters of an acre to work with, this parcel offers ample space and outstanding potential for income-producing development.

Opportunities like this are rare in such a prime location. Don’t miss your chance to secure a strategically located parcel with strong investment potential in one of Florida’s fastest-growing coastal communities.

**Highlights:**

* 0.72 acres vacant land
* B-2 (Highway Business) zoning
* Multifamily development permitted
* Seller has preliminary development plans drafted
* Located in the heart of the New Smyrna Beach business district
* Excellent opportunity for investors and developers

Buyer must verify all permitted uses and options for the property with the municipality BEFORE making any offer.
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Property Details

Site & Exterior
Current Use
Commercial
Flood Zone Code
AE
I D X Participation
Yes
Lot Features
Central Business DistrictFire Hydrant
Lot Size Acres
0.72
Lot Size Area
31363
Lot Size Dimensions
140 x 175
Lot Size Square Feet
31363
Lot Size Units
Square Feet
Public Survey Range
33E
Public Survey Section
24
Road Frontage Type
Access RoadCity Street
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/2 to less than 1
Utilities
Electricity AvailablePublicSewer AvailableWater Available
Zoning
B-2
Financials
Calculated List Price By Calculated Sq Ft
5.74
Contract Status Change Date
2026-03-14
Current Price
180000
Feed Types
BBO
Owner Name
ABDUR RAHAMAN
Ownership
Fee Simple
Parcel Number
732401000102
Price Per Acre
250000
Public Survey Township
17S
Tax Annual Amount
1575.56
Tax Block
00
Tax Book Number
1-75
Tax Legal Description
24-17-33 PART OF LOT 10 W OF CR & N OF RR BEING 175.3 FT ON N/L & 124 FT ON W/L HAWLEY SUB PER OR 3935 PG 4691 PER OR 5713 PGS 3890-3891 PER OR 8310 PG 1011 PER OR 8692 PG 2797
Tax Lot
10
Tax Year
2025
Construction
Building Area Units
Square Feet
Geolocation
NSB Mainland:N of 44 E 95
Living Area Units
Square Feet

Neighborhood & Lifestyle

Community & Association
M L S Area Major
32168 - New Smyrna Beach
Subdivision Name
HAWLEY
Listing provided courtesy of STELLAR via IDX. Updated: Jun 30, 2026, 12:38pm.
Donna Concannon

Listing Agent

NSB HOMES LLC