1042 Dixie Freeway N, New Smyrna Beach, FL 32168
For Sale $925,000
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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.
Open Floorplan
Taxes: $7,333.00
Tax Year: 2025
Lighting
Elementary School: Chisholm Elem
Middle School: New Smyrna Beach Middl
Junior High: New Smyrna Beach Middl
High School: New Smyrna Beach High
Building Description: Florida
MLS Area: 32168 - New Smyrna Beach
Total Square Footage: 2,042
Price per Square Feet: $509.92
Water: Public
Construction: Wood Siding
Date Listed: 2026-09-01 00:00:00
Furnished: Unfurnished
Flooring: Other
Roof: Shingle
Sewer: Public Sewer
Lot Desc.: Sidewalk
Parcel ID: 7440-03-14-0050
Listing Courtesy Of: Barsottelli Prime Real Estate
ignaciobarsottelli@gmail.com
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
Price: $925,000
Sq Ft: 1,814
($510 per
sqft)
Bedrooms: 1
Bathrooms: 1
Partial Baths: 1
City: New Smyrna Beach
County: Volusia
Type: Single Family
Development: None
Subdivision: Riverside Park New Smyrna
Acres: 0.7700
Virtual Tour/Floorplan: View
Year Built: 1925
Listing Number: NS1089147
Status Code: A-Active
Taxes: $7,333.00
Tax Year: 2025
Garage:
Furnishings: Unfurnished
Interior Features:
Open Floorplan
Financial Information:
Taxes: $7,333.00
Tax Year: 2025
Exterior Features:
Lighting
School Information:
Elementary School: Chisholm Elem
Middle School: New Smyrna Beach Middl
Junior High: New Smyrna Beach Middl
High School: New Smyrna Beach High
Additional Information:
Building Description: Florida
MLS Area: 32168 - New Smyrna Beach
Total Square Footage: 2,042
Price per Square Feet: $509.92
Water: Public
Construction: Wood Siding
Date Listed: 2026-09-01 00:00:00
Furnished: Unfurnished
Flooring: Other
Roof: Shingle
Sewer: Public Sewer
Lot Desc.: Sidewalk
Parcel ID: 7440-03-14-0050
Map of 1042 Dixie Freeway N, New Smyrna Beach, FL 32168
Listing Courtesy Of: Barsottelli Prime Real Estate
ignaciobarsottelli@gmail.com