89 Residential Development Lots in New Smyrna Beach, FL
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
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