Presented By: NSB HOMES LLC with 386-427-0439. - 386-427-0439
MLS# NS1087589
03/09/2026
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Home Details
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.
Presented By: NSB HOMES LLC with 386-427-0439. - 386-427-0439
Interior Features for WALLACE ROAD
Bathrooms
Total Baths
General for WALLACE ROAD
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityNEW SMYRNA BEACH
CountyVolusia
Current UseCommercial
DirectionsFrom I-95, Exit 249 for New Smyrna Beach heading EAST on State Road 44. ???
Flood Zone CodeAE
Legal Description24-17-33 PART OF LOT 10 W OF CR & N OF RR BEING 175.3 FT ON N/L & 124 FT ON W/L HAWLEY SUB PER OR 3935 PG 4691 PER OR 5713 PGS 3890-3891 PER OR 8310 PG 1011 PER OR 8692 PG 2797
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet31363
Lot Size UnitsSquare Feet
MLS Area32168 - New Smyrna Beach
OwnershipFee Simple
Property TypeLand
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameHAWLEY
Tax Annual Amount1575.56
Tax Lot10
Tax Year2025
UtilitiesElectricity Available, Public, Sewer Available, Water Available
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