508 S Indian River Road, New Smyrna Beach, FL 32169
New Listing
$7,000,000
Property Type:
Land
Lot Size (sq. ft.):
27,878
Status:
Active
Current Price:
$7,000,000
List Date:
2/15/2026
Last Modified:
2/15/2026
Description
Direct Indian River frontage with exceptional redevelopment potential in a prime New Smyrna Beach location. This oversized riverfront parcel totals approximately 0.65 acres with roughly 90 feet of frontage and deep lot depth, offering flexibility for future development. Current zoning is single-family residential, and preliminary analysis suggests the potential to divide into two parcels, subject to municipal approvals and buyer due diligence. Ideal opportunity for custom waterfront estates or long-term investment. Enjoy expansive water views, boating access, and proximity to beaches, dining, and shopping while still offering privacy and scale rarely available along the river. Buyer to verify zoning, subdivision feasibility, setbacks, flood requirements, and all development options with the City of New Smyrna Beach and Volusia County.
More Information MLS# 1223062
General Property Information
Lot Size Acres: 0.64
Lot Size Dimensions: 90.0 ft x 285.0 ft
CDD Fee YN: No
Association YN: No
Pool Private YN: No
Waterfront YN: Yes
Water Frontage Feet: 60
Senior Community YN: No
Directions: From I-95 take Exit 249 for FL-44 East toward New Smyrna Beach, continue East over the South Causeway Bridge, turn left onto S Peninsula, left onto S India River Rd. Property will be on the left
Public Remarks: Direct Indian River frontage with exceptional redevelopment potential in a prime New Smyrna Beach location. This oversized riverfront parcel totals approximately 0.65 acres with roughly 90 feet of frontage and deep lot depth, offering flexibility for future development. Current zoning is single-family residential, and preliminary analysis suggests the potential to divide into two parcels, subject to municipal approvals and buyer due diligence. Ideal opportunity for custom waterfront estates or long-term investment. Enjoy expansive water views, boating access, and proximity to beaches, dining, and shopping while still offering privacy and scale rarely available along the river. Buyer to verify zoning, subdivision feasibility, setbacks, flood requirements, and all development options with the City of New Smyrna Beach and Volusia County.
List Price/Acre: 10937500
Location, Tax, and Legal
Country: US
Parcel Number: 7416-00-00-0330
Tax Annual Amount: 35419.1
Tax Year: 2025
Tax Legal Description: 16-17-34 S 100 FT OF N 250 FT OF W 300 FT OF S 680 FT OF GOV LOT 2 PER OR 2073 PG 1888 PER OR 8752 PG 0512
View
Intracoastal: 1
River: 1
Current Use
Residential: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Few Trees: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Sewer
Public Sewer: 1
Showing Requirements
Other: 1
Utilities
Electricity Connected: 1
Water Source
Public: 1
Waterfront Features
Intracoastal: 1
River Front: 1
Contract Information
Current Price: $7,000,000
Property Sub Type: Unimproved Land
Status: Active
List Price: $7,000,000
Listing Contract Date: 2026-02-12
Location Tax and Legal
Street Number: 508
Street Direction Prefix: S
Street Name: Indian River
Street Suffix: Road
County: Volusia
State: FL
Postal Code: 32169
MLS Area Major: 70 - New Smyrna Beach E of 95
Subdivision Name: Not In Subdivision
Status Change Information
Major Change Timestamp: 2026-02-15T20:56:02Z
Major Change Type: New Listing
Property Features
Current Use: Residential
Lot Features: Few Trees
Sewer: Public Sewer
Utilities: Electricity Connected
Water Source: Public
View: Intracoastal; River
Waterfront Features: Intracoastal; River Front
Road Surface Type: Asphalt
Road Frontage Type: City Street
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Showing Requirements: Other
Listing Office:
Collado Real Estate
Last Updated: February - 15 - 2026
Information deemed reliable but not guaranteed.