Address
1042 N Dixie Freeway, NEW SMYRNA BEACH, FL
Price
$ 925,000
Property Attributes
- MLS#NS1089147
- TypeSingle Family
- Listing Status Active
- CountyVolusia
- CityNEW SMYRNA BEACH
- AreaNew Smyrna Beach
- NeighborhoodRIVERSIDE PARK NEW SMYRNA
- Zip32168
- Style
- Year Built1925
- Taxes$ 7333
- Price$ 925,000
- Bedrooms1
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1814
- Lot Size0.77 Acres
Data Source:
New Smyrna Beach Board of REALTORS® MLS (NSBBOR)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Chisholm Elem Elementary School | New Smyrna Beach Middl Middle School | New Smyrna Beach High High School |
| Price History | |
|---|---|
| 9/1/2026 | Listed $925,000 |
General Features
| Heating | None |
|---|---|
| Cooling | None |
| Construction Materials | Wood Siding |
| Levels | One |
| Property Subtype | Single Family Residence |
| Parcel Number | 744003140050 |
| County | Volusia |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Garage Y/N | false |
| Total Rooms | 4 |
| Full Baths | 1 |
| Status | Active |
| Directions | Directly on US-1. Coming from North it'll be on your right. |
| City | NEW SMYRNA BEACH |
| Senior Community Y/N | false |
| MLS Area | 32168 - New Smyrna Beach |
| Carport Y/N | false |
| Land Lease Y/N | false |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Standard Status | Active |
| Legal Description | LOTS 5 6 7 & 8 EXC RD RWY REVISED MAP BLK 14 RIVERSIDE PARK NEW SMYRNA PER MB 7 PG 14 PER OR 5224 PG 2191 |
| Minimum Lease | No Minimum |
| Water Access Y/N | false |
| Water View Y/N | false |
| STELLAR_InLawSuiteYN | true |
| Freehold | IDX |
| Utilities | Electricity Available,Sewer Available,Water Available |
| Roof | Shingle |
| Appliances | None |
| Zoning | 10B3 |
| Subdivision Name | RIVERSIDE PARK NEW SMYRNA |
| Other Structures | Other |
| Occupancy Type | Vacant |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Year Built | 1925 |
| Possession | Close Of Escrow |
| High School | New Smyrna Beach High |
| Elementary School | Chisholm Elem |
| Middle/Junior High School | New Smyrna Beach Middl |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/NS1089147 |
| Virtual Tour | https://view.spiro.media/1042_n_dixie_fwy-869?branding=false |
| Sewer | Public Sewer |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 33500 |
| Ownership | Fee Simple |
| Accessibility | Accessible Approach with Ramp,Accessible Entrance,Accessible Central Living Area |
| Tax Year | 2025 |
| Facing Direction | East |
| Tax Annual Amount | 7333 |
| Tax Lot | 5 |
| Flood Zone Code | X |
| Architectural Style | Florida |
| STELLAR_InLawSuiteDescrip | Detached (ADU) |
Interior Features
| Flooring | Other |
|---|---|
| Furnished Y/N | Unfurnished |
| Air Conditioning Y/N | false |
| Heating Y/N | false |
| Fireplace Y/N | false |
| Half Baths | 1 |
| Total Bedrooms | 1 |
| Total Baths | 2 |
| Interior Amenities | Open Floorplan |
| Laundry Features | None |
| LivingAreaSource | Public Records |
Exterior Features
| Building Area Total | 2042 |
|---|---|
| Waterfront Y/N | false |
| Lot Features | Sidewalk |
| Exterior Amenities | Lighting |
| Water Source | Public |
| Lot Size Area | 33500 |
| Lot Size Acres | 0.77 |
| Road Frontage Type | Highway |
| Road Surface Type | Asphalt |
| Foundation Details | Brick/Mortar,Crawlspace,Slab |
| Vegetation | Oak Trees |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32168
Price
Taxes
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on September 23, 2026 2:40 PM UTC The listing information on this page last changed on Last updated on September 23, 2026 2:40 PM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 23, 2026 2:40 PM UTC
Information is deemed to be reliable, but is not guaranteed. © 2026 MLS. Last Updated September 23, 2026 2:40 PM UTC The information on this sheet has been made available by the MLS and may not be the listing of the provider. Listing data provided by the Daytona Beach Area Association of REALTORS® Internet Data Exchange (IDX) program. Data is believed to be accurate but not warranted.
New Smyrna Beach Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
