Waterfront beachside Intracoastal access development opportunity just east of the New Smyrna Beach with approximately 1,000 ft of waterfront. Fully entitled for a Hyatt Place PUD site plan no. sp-30-18 good through 5-27-27. This property is the gateway to New Smyrna Beach and the 3rd Avenue business district which features shopping, dining, entertainment, nearby historic Canal St and Flagler Ave. It is located a short walk to the Atlantic Ocean beaches, 20 minutes to Daytona International Airport, 1 hour to Orlando Airport and attractions. New Smyrna Beach is voted BEST BEACH for 8 years in a row by readers of Orlando Sentinel and is well known for its abundant fishing coves. This site has been identified by the city of New Smyrna as having a high priority for redevelopment.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$84.2K
Per Month
Principal & Interest
$84.1K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$50.6K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Read-Pattillo Elementary School
400 6th St
Distance between this listing and this school1.69 miles
Public District Grades PK-5
7
/10
Chisholm Elementary School
557 Ronnoc Ln
Distance between this listing and this school1.94 miles
Public District Grades PK-5
10
/10
Coronado Beach Elementary School
3550 Michigan Ave
Distance between this listing and this school2.23 miles
Public District Grades KG-5
Nearby Schools
4
/10
New Smyrna Beach Middle School
1200 S Myrtle Ave
Distance between this listing and this school2.17 miles
Public District Grades 6-8
6
/10
Creekside Middle School
6801 Airport Rd
Distance between this listing and this school8.91 miles
Public District Grades 6-8
3
/10
Silver Sands Middle School
1300 Herbert St
Distance between this listing and this school9.99 miles
Public District Grades 6-8
Nearby Schools
5
/10
New Smyrna Beach High School
1015 10th St
Distance between this listing and this school2.52 miles
Public District Grades 9-12
5
/10
Spruce Creek High School
801 Taylor Rd
Distance between this listing and this school8.89 miles
Public Magnet Grades 9-12
1
/10
Volusia Virtual Instruction Program District Provided
1250 Reed Canal Rd
Distance between this listing and this school11.25 miles
The neighbors living near this home have an average income of $64,387. Residents of New Smyrna Beach, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 429 E 3rd Ave
What is the listing price of this property?
The listing price of 429 E 3rd Ave property is $16,860,000.
What type of property is this?
The property 429 E 3rd Ave is land located in New Smyrna Beach, Florida, 32169.
Is this property for sale now?
Active Listing: 429 E 3rd Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $41,760 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 429 E 3rd Ave in New Smyrna Beach, FL and zip code 32169. This home sits on a 11.75 acre lot. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $16,860,000.
In November 2024, from all listings sold in New Smyrna Beach, FL there were more than 3 sold above asking price, over 43 sold below and more than 15 were sold right at the asked price. The number of listings in New Smyrna Beach, FL increased by 5.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $442,286, while the average time on the real estate market was 102 days.
From Rocket Homes Real Estate and based on county public records data.