WALLACE Rd, New Smyrna Beach, FL 32168
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Other residential
- Lot size (acres)
- 0.72
Utilities
- Sewer
- Public Sewer
- Water
- Other
Taxes
- Tax Annual Amount (2025)
- $1,575.56
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Stellar MLS MLS®#: NS1087589 Last checked: …
