Back 1005 Canal St
Off Market

1005 Canal St

New Smyrna Beach FL 32168

20164 sq. ft.
Land
Last sold for $295,000
Ignacio BarsottelliIgnacio Barsottelli, last sold this property on 26 September 2025 after 66 days on market.

Overview

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.

Features

20164 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in New Smyrna Beach over the last 12 months, the estimated median property value of 1005 Canal St is $105k.

Median value
$105k
Estimated value range
$16k - $925k
Median days on market
79
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in New Smyrna Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1005 Canal St

2025
Sold
$295,000
26 Sep 2025 by Ignacio Barsottelli, of COLLADO REAL ESTATE
2024
Sold
Undisclosed
22 Mar 2024

Happy sellers in New Smyrna Beach

66%
66% of sellers in New Smyrna Beach reported that their sale price either exceeded or met their price expectations.

New Smyrna Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in New Smyrna Beach over the last 12 months.

Local market activity for land plots in New Smyrna Beach

In the last 12 months, 41 land plots similar to 1005 Canal St, have been sold.

This represents a 5% decrease in land plots sales when compared to the previous 12 months.

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