108 S Myrtle Avenue, New Smyrna Beach, FL 32168

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Sold Price
$300,000
List Price
$320,000
Status
SOLD
Days on Market
331
Closing Date
Jul 08, 2026
MLS#
NS1085537
Subtype
Land
Lot Size
21,500
Acres
0.49
Subdivision
Grimsley & Healy In Lewis Homestead
MLS Area Major
New Smyrna Beach

Property Description

Development Opportunity – Zoned R-5. Situated just minutes from the vibrant Canal Street Historic District and a short ride to the beach, this cleared 0.45-acre lot is a prime canvas for new residential development. Zoned R-5 (Urban Single-Family Residential), the parcel allows up to three single-family or modular homes, each on a minimum 5,000 sq ft lot. With no structures to demolish, utilities nearby, and excellent street frontage (91 feet wide), the lot is ready for immediate subdivision and development. Whether you’re a builder looking to create a small cluster of homes or an investor seeking strong long-term rental yield, 108 S Myrtle Ave offers flexibility, location, and real growth potential. Located in one of New Smyrna Beach’s most up-and-coming infill areas—close to shops, schools, dining, and the Intracoastal—this opportunity won’t last long.

Additional Information

Financing
Cash, Conventional, Owner Financing
Location
Buildable, Cleared
Community Features
No Deed Restriction
Zoning
R5
Elementary School
Chisholm Elem
Middle School
New Smyrna Beach Middl
High School
New Smyrna Beach High
View
Park/Greenbelt

Listing courtesy of BARSOTTELLI PRIME REAL ESTATE. 781-983-4852

Selling Office: BARSOTTELLI PRIME REAL ESTATE.

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