Property
ActiveCommercial
1/8
$15,750,000

429 E 3RD AVENUE

New Smyrna Beach, FL 32169
0
Beds
0
Baths
562,740
SqFt
7.63
Acres
STELLAR
#O6159759
Updated: Jun 23, 2026, 4:53pm

Property Description

Waterfront beachside Intracoastal access development opportunity just east of the New Smyrna Beach Intracoastal Waterway bridge on the south side of 3rd Avenue with approximately 500 ft of waterfront. Fully entitled for a Hyatt Place PUD site plan no. sp-30-18 good through 5-7-27. Prime location on A1A/3rd Ave overlooking the Intracoastal Waterway access and Indian River Lagoon estuary. This is the primary beach access from the Orlando Metro Area. This property is the gateway to New Smyrna Beach and the 3rd Avenue business district which features shopping, dining, entertainment, nearby historic Canal St and Flagler Ave. It is located a short walk to the Atlantic Ocean beaches, 20 minutes to Daytona International Airport, 1 hour to Orlando Airport and attractions. New Smyrna Beach is voted BEST BEACH for 8 years in a row by readers of Orlando Sentinel and is well known for its abundant fishing coves. This site has been identified by the city of New Smyrna as having a high priority for redevelopment. This is a great opportunity to develop in a rapidly growing Central Florida beach market.
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Property Details

Highlights
Waterfront
Yes
Interior
Building Area Total
562740
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Other
Direction Faces
North
Foundation Details
Other
Geolocation
Beachside South:3rd Ave-County
Living Area Units
Square Feet
Year Built
2023
Site & Exterior
Flood Zone Code
x500
I D X Participation
Yes
Lot Size Acres
7.63
Lot Size Area
12.9187
Lot Size Square Feet
562740
Lot Size Units
Acres
Number Of Lots
2
Public Survey Range
34
Public Survey Section
16
Road Frontage Type
State Road
Road Surface Type
Asphalt
Total Acreage
10 to less than 20
Water Access
Yes
Water View
Yes
Waterfront
Yes
Waterfront Features
River Front
Waterfront Feet Total
1000
Zoning
PUD
Financials
Additional Parcels
Yes
Additional Parcels Description
741605240102
Calculated List Price By Calculated Sq Ft
27.99
Contract Status Change Date
2023-11-25
Current Price
15750000
Feed Types
BBO
Owner Name
LAGOON HOSPITALITY LLC
Ownership
Other
Parcel Number
741605240100
Public Survey Township
17
Tax Annual Amount
33357
Tax Block
24
Tax Book Number
85
Tax Legal Description
16-17-34 PORTION OF LOTS 9 THRU 11 BLK 24 DETWILERS 1ST ADDI TION NEW SMYRNA BEACH MB 7 PG 85 MB 22 PG 129 & INC PORTION OF GOVT LOT 5 AS DESCRIBED IN OR 7612 PG 2206 PER OR 5672 PG
Tax Lot
0100
Tax Year
2022

Neighborhood & Lifestyle

Community & Association
M L S Area Major
32169 - New Smyrna Beach
Listing provided courtesy of STELLAR via IDX. Updated: Jun 23, 2026, 4:53pm.
Pat Collado

Listing Agent

COLLADO REAL ESTATE

Call Agent