89 Residential Development Lots in New Smyrna Beach, FL

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Financial Details

Asking Price:
$8,000,000
Cash Flow / SDE:
$8,000,000
Profit Metric:
Asking Price
Valuation Multiple:
1.0x
Location:
New Smyrna Beach, FL, US
Source:
Date:
September 21, 2025

Key Highlights

Prime location in New Smyrna Beach, Florida, with proximity to major cities like Daytona Beach and Orlando.
Entitled for residential development with potential to build over 120 homes on 89 lots.
Supportive municipality and a vibrant real estate market with increasing demand for housing.

Description

This listing presents a significant investment opportunity for residential development in New Smyrna Beach, Florida. It features 89 lots on approximately 30 acres, zoned for residential use, with the potential to construct over 120 homes. The municipality is supportive of the project, and the seller has infrastructure plans available, requiring completion by engineers. Located on Florida's east coast, the site offers convenient access to Daytona Beach, Orlando, and major transportation routes like I-95. New Smyrna Beach boasts a growing population, a vibrant real estate market with increasing demand for single-family homes, and attractive local amenities. This project is ideal for developers seeking to capitalize on a rapidly growing region with strong housing demand.

Industry Information

Industry Description:
Residential Development Land
Classification:
Building & Construction

Real Estate & Lease

Status:
For_sale
Real Estate Price:
$8,000,000 USD

Listing Details

Listing ID:
a4cb579f-feb5-42fd-bae4-d4e7e26714d5
Deal Status:
For Sale
Date Posted:
August 13, 2024
Last Updated:
September 21, 2025
Currency:
USD