1042 N DIXIE FWY, New Smyrna Beach, FL 32168
1042 N DIXIE FWY, New Smyrna Beach, FL 32168
1042 N DIXIE FWY, New Smyrna Beach, FL 32168
30
See all 30 photos
$925,000
Est. payment /mo
1 Bed
2 Baths
1,814 SqFt
New

1042 N DIXIE FWY New Smyrna Beach, FL 32168

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,814 sqft

Price per Sqft $509

Subdivision Riverside Park New Smyrna

MLS Listing ID NS1089147

Bedrooms 1

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1925

Annual Tax Amount $7,333

Lot Size 0.770 Acres

Acres 0.77

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

Explore the mixed-use redevelopment potential of this 0.77-acre property along US-1 (N. Dixie Freeway) in New Smyrna Beach's CRA district, offering exceptional visibility, convenient accessibility, and opportunities for a future residential-commercial concept, subject to City approval. Strategically positioned adjacent to a signalized intersection, the property features three existing curb cuts providing convenient ingress and egress from US-1—an increasingly valuable asset that enhances traffic flow and customer accessibility. With approximately 20,000 vehicles passing the site each day, the location offers continuous, high-impact exposure with slow-moving traffic that is ideal for retail, restaurant, medical, office, and service-oriented businesses. The property sits just one block from the Indian River and is surrounded by established commercial activity, including the new Dollar General, Sacred Heart Catholic School, numerous neighborhood businesses, and a public transit stop located directly in front of the site. This combination of destination traffic, commuter visibility, and pedestrian accessibility creates an exceptional environment for long-term commercial success. Unlike a typical vacant parcel, the property includes two existing freestanding commercial buildings that may be renovated, repurposed, or incorporated into a comprehensive redevelopment plan. The existing layout lends itself to a variety of concepts, including dual complementary businesses such as a sandwich shop paired with a coffee, smoothie, dessert, or specialty beverage operator, while still allowing flexibility for numerous other commercial uses. The property's commercial zoning accommodates a broad range of permitted uses, making it an attractive opportunity for franchise operators, developers, owner-users, and investors seeking a highly visible location with exceptional redevelopment potential. Whether your vision is to modernize the existing improvements, develop a flagship retail destination, create a multi-tenant commercial center, or establish a drive-thru-oriented business concept, this property offers a combination of location, accessibility, visibility, and future upside that is increasingly difficult to find in today's market. Community Redevelopment Incentive An additional advantage is the property's location within the City of New Smyrna Beach Community Redevelopment Agency (CRA) district. Qualified purchasers may be eligible to apply for redevelopment grant funding of up to $250,000 for approved improvement projects, subject to the City's application process, program requirements, funding availability, and final approval.

Location

State FL

County Volusia

Community Riverside Park New Smyrna

Area 32168 - New Smyrna Beach

Zoning 10B3

Interior

Interior Features Open Floorplan

Heating None

Cooling None

Flooring Other

Furnishings Unfurnished

Fireplace false

Appliance None

Laundry None

Exterior

Exterior Feature Lighting

Utilities Available Electricity Available, Sewer Available, Water Available

View Y/N No

Water Access No

Roof Type Shingle

Exposure East

Garage false

Private Pool No

Building

Lot Description Sidewalk

Entry Level One

Foundation Brick/Mortar, Crawlspace, Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Architectural Style Florida

Structure Type Wood Siding

New Construction false

Schools

Elementary Schools Chisholm Elem

Middle Schools New Smyrna Beach Middl

High Schools New Smyrna Beach High

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/NS1089147


Stellar MLS
Listed by Ignacio Barsottelli BARSOTTELLI PRIME REAL ESTATE

NEARBY SCHOOL & BUSINESS

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Desmond Combs

Desmond Combs

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1042 N DIXIE FWY