1042 N DIXIE FWY, NEW SMYRNA BEACH, FL, 32168
$925,000
Residential
Bedrooms
1
Bathrooms
2
Living Area
1,814 Sqft
Lot Size
33,500 Sqft
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.
Property Details
Property Features Property Features
MLS ID: MFRNS1089147 Year Built: 1925
Accessibility Features: Accessible Approach with Ramp, Accessible Entrance, Accessible Central Living Area Appliances: None
Architectural Style: Florida Construction Materials: Wood Siding
Cooling: None Country: US
County Or Parish: Volusia Direction Faces: East
Exterior Features: Lighting Flooring: Other
Foundation Details: Brick/Mortar, Crawlspace, Slab Furnished: Unfurnished
Heating: None Laundry Features: None
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Other Lot Features: Sidewalk
Occupant Type: Vacant Other Structures: Other
Possession: Close Of Escrow Property Sub Type: Single Family Residence
Property Type: Residential Road Surface Type: Asphalt
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Supra Lock Box, 24 Hour Notice Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Available, Sewer Available, Water Available Vegetation: Oak Trees
Water Source: Public
Rooms Rooms
Great Room: Primary Bedroom:
Primary Bathroom: Kitchen:
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