For Sale
$1,275,000

390 Sugar Mill DrNew Smyrna Beach, FL 32168

7.5 Acres, Multifamily Potential, I-95 Proximity

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 7.5-acre commercial property, located at 390 Sugar Mill Drive in New Smyrna Beach, Florida, presents a compelling investment opportunity. The site boasts a total of 326,700 square feet of cleared land, encompassing two parcels (PID 731500000121 and PID 731500000125), and includes an existing pond. Its strategic location offers convenient access to Interstate 95 and State Road 44, placing it within close proximity to the proposed site of the new AdventHealth Hospital. The property is zoned for multifamily development, with future county zoning (UMI) potentially allowing up to eight multifamily units per acre, subject to verification. This presents significant potential for high-density residential construction. The asking price for this prime development land is $1,275,000. All information is deemed reliable but not guaranteed and should be independently verified by the buyer. The property is classified as Land and Multifamily, specifically a Commercial Apartment Building (Duplex/Triplex/Quadruplex). The zip code is 32168, and the property is situated in Volusia County.

Highlights

  • 7.5-acre commercial land in New Smyrna Beach, FL, at 390 Sugar Mill Drive.
  • 326,700 square feet of cleared land, comprised of two parcels (PID 731500000121 and PID 731500000125), including a pond.
  • Excellent access to I-95 and SR 44, near the proposed AdventHealth Hospital.
  • Multifamily zoning, with potential for up to eight units per acre (UMI zoning, subject to verification).
  • Asking price: $1,275,000.
  • Zip code 32168, Volusia County.

Property Details for 390 Sugar Mill Dr

Property type
Land, Apartment buildings

Location Insight

City
New Smyrna Beach
County
Volusia
State
Florida
Latitude
29.02052
Longitude
-80.981888
390 Sugar Mill Dr, New Smyrna Beach, Florida

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390 Sugar Mill Dr
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