108 S Myrtle Avenue, NEW SMYRNA BEACH, FL

$445,000

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0.49

Acres

About 108 S Myrtle Avenue

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.

Features of 108 S Myrtle Avenue

MLS® # NS1085537
Price $445,000
Acres 0.49
Type Land
Sub-Type Land
Status Active
Taxes $5,370
CDD N

Community Information

Address 108 S Myrtle Avenue
Area New Smyrna Beach
Subdivision GRIMSLEY & HEALY IN LEWIS HOMESTEAD
City NEW SMYRNA BEACH
County Volusia
State FL
Zip Code 32168-6948

Amenities

View Park/Greenbelt
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Buildable, Cleared

School Information

Elementary Chisholm Elem
Middle New Smyrna Beach Middl
High New Smyrna Beach High

Additional Information

Date Listed July 21st, 2025
Days on Market 75
Zoning R5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCOLLADO REAL ESTATE

Listing Map

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