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$925,000

For Sale

A day ago

1042 N Dixie Fwy, New Smyrna Beach, FL

House

MLS® NS1088852

0 Bed

0 Bath

1814 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 1814 sqft
Garage 
Taxes $7,333
Days Active 2
Lot Size 0.77 Acres
Approx. Age 1925
Avg. Price Per Sqft $509
MLS® Number NS1088852

Property Address: 1042 N Dixie Fwy, NEW SMYRNA BEACH, FL, 32168-6222

Average square foot calculated using Size range provided by listing agent.

Description

Prime Commercial Redevelopment Opportunity – New Smyrna Beach, Florida Exceptional visibility, outstanding accessibility, and remarkable redevelopment potential come together on this rare 0.77-acre commercial property located along highly traveled US-1 (N. Dixie Freeway) in one of New Smyrna Beach's fastest-growing commercial corridors. 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.
MLS® NumberNS1088852
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
Basement
Driveway
Garage Spaces
Heat
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 28, 2026List Date
$925,000List Price
Jun 3, 2026End Date
$560,000Sold Price

Sold

Apr 19, 2026List Date
$699,000List Price
  • Commute

Commute

Starting Address
Destination Address
1042 N Dixie Fwy, New Smyrna Beach, FL

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