

WALLACE ROADNEW SMYRNA BEACH, FL 32168
Vacant Land · 0.72 AcresWALLACE ROAD Overview
- Time on Site:
- 108 days
- Visits:
- 0
Prime development opportunity in the heart of New Smyrna Beach’s thriving business district! This **0.72-acre vacant lot** is zoned **B-2 (Highway Business)**, offering exceptional flexibility for a variety of commercial or mixed-use development possibilities. The zoning allows for **multifamily residential construction**, making this an ideal site for investors, developers, or builders looking to capitalize on the strong growth and demand in the area. Positioned in a highly visible and accessible location, the property sits within close proximity to major thoroughfares, established businesses, retail, dining, and the vibrant coastal lifestyle that makes New Smyrna Beach one of Central Florida’s most desirable markets. **Seller already has development plans drafted**, providing a valuable head start for buyers interested in bringing a multifamily or mixed-use project to life. With nearly three-quarters of an acre to work with, this parcel offers ample space and outstanding potential for income-producing development. Opportunities like this are rare in such a prime location. Don’t miss your chance to secure a strategically located parcel with strong investment potential in one of Florida’s fastest-growing coastal communities. **Highlights:** * 0.72 acres vacant land * B-2 (Highway Business) zoning * Multifamily development permitted * Seller has preliminary development plans drafted * Located in the heart of the New Smyrna Beach business district * Excellent opportunity for investors and developers Buyer must verify all permitted uses and options for the property with the municipality BEFORE making any offer.
WALLACE ROAD Facts & Features
- Type Vacant Land
- Lot 0.72 Acres
Details
General
Business Information
- Current Use: Commercial
Location/Region
- Country: US
- County Or Parish: Volusia
- MLS Area Major: 32168 - New Smyrna Beach
- Subdivision Name: HAWLEY
- Township: 17S
Tax Information
- Tax Annual Amount: 1575.56
- Tax Year: 2025
General Information
- Listing Terms: Cash,Conventional
- Ownership: Fee Simple
- Parcel Number: 7324-01-00-0102
- Property Type: Land
- Special Listing Conditions: None
- Zoning: B-2
Interior
Beds/Baths
- Bathrooms Total: 0
Building Interior
- Building Area Units: Square Feet
General Information
- Living Area Units: Square Feet
Exterior
Lot Information
- Additional Parcels: No
- Lot Features: Central Business District,Fire Hydrant
- Lot Size Acres: 0.72
- Lot Size Dimensions: 140x175
- Lot Size Square Feet: 31363
- Road Surface Type: Paved
- Water Source: None
Waterfront/View
- Waterfront: No
General Information
- Road Frontage Type: Access Road,City Street
- Sewer: Public Sewer
- Utilities: Electricity Available,Public,Sewer Available,Water Available
WALLACE ROAD Neighborhood
Community
32168 (NEW SMYRNA BEACH) Demographics
Schools
School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.WALLACE ROAD Monthly Cost
WALLACE ROAD Market Data
Based on the last 30 days in this zip code
WALLACE ROAD History
| Date | Value | Agent |
|---|---|---|
| 3/14/2026Source: My Florida Regional MLS | March 14, 2026 |

