NEW SMYRNA BEACH, FL 32168 1005 CANAL STREET
$325,000



17 more


















Presented By: COLLADO REAL ESTATE with 386-427-0002. - 386-427-0002
Home Details
Build-Ready Redevelopment Lot. Situated within the City’s valued Canal Street Community Redevelopment Area, this fully cleared .43-acre corner lot offers a rare opportunity for bold new development. Zoned MU/10B3, this site is primed for accelerated turnaround with no existing demolition required. Just steps from the charming Canal Street Historic District, this site is immersed in monthly Art Strolls, Sip & Stroll, classic car events, and community markets amid pedestrian-friendly, tree-lined avenues. A stone’s throw from the beach and Intracoastal, ~25 minutes to Daytona Beach, and ~1 hour to Orlando International Airport, it offers appeal to both coastal tourists and working professionals.
Developers, entrepreneurs, and investors—envision a boutique café with upstairs rentals, a cluster of short-term luxury units, or a professional plaza serving local needs. This location blends vibrant foot traffic, growth incentives, and transportation convenience, delivering exceptional ROI potential.
Fully cleared and ready for design, construction, and immediate occupancy. Utilities are in place. Create your vision in NSB’s thriving redevelopment corridor.
Presented By: COLLADO REAL ESTATE with 386-427-0002. - 386-427-0002
Interior Features for 1005 CANAL STREET
Bathrooms
Total Baths
General for 1005 CANAL STREET
Additional Parcels Y/NNo
Building Area Unitssquare feet
Citynew smyrna beach
Countyvolusia
Current Usemixed use
Directionshead east on fl-44 e. pass by autozone auto parts (on the right in 1.1 mi)
turn left toward canal st. turn right onto canal st. turn left onto bay st. destination will be on the right
Facing Directionsouthwest
Flood Zone Codeae
HOANo
High Schoolnew smyrna beach high
Legal Description19-17-34 lot 1 & w 40 ft of lot 2 & lot 5 & inc s 1/2 of vac alley lying ajd to lot 1 & w 40 ft of lot 2 & inc n 1/2 of vac alley lying adj to lot 5 blk a palm park sub mb 19 pg 47 per or 1717 pg 064
Listing Termscash, other, owner may carry, private financing available
Living Area Unitssquare feet
Lot Size Square Feet20164
Lot Size Unitssquare feet
MLS Area32168 - new smyrna beach
Middle/Junior High Schoolnew smyrna beach middl
ModificationTimestamp2025-07-22t06:21:38.230z
Other Structuresother
Ownershipfee simple
Property Typeland
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namepalm park
Tax Annual Amount3985.11
Tax Lot1
Tax Year2024
Utilitiesbb/hs internet available, cable available, electricity available, natural gas available, phone available, public, sewer available, street lights, utility pole, water available
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Zoning10b3
Exterior for 1005 CANAL STREET
Lot Dimensions90 x 125
Lot Featuresbuildable, cleared, corner lot, drainage canal, may need to be filled, other, oversized lot, room for pool, street lights, urban
Lot Size Acres0.46
Lot Size Area20164
Road Frontage Typestreet lights, street paved, city street
Road Responsibilitypublic maintained road
Road Surface Typepaved, asphalt
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
New Smyrna Beach High
Middle School
New Smyrna Beach Middl
Elementary School
N/A

Felix Santiago
Realtor®