1042 N Dixie Fwy, photo 1
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Overview

1 bd2 ba1,814 sqftSingle Family
TypeSingle Family
HOANone listed
Built1925
Lot33,500 sqft
Living area1,814 sqft
Price / sqft$510

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Open FloorplanLighting

1042 N Dixie Fwy is a 1925-built home in Riverside Park New Smyrna, New Smyrna Beach. Inside you'll find 1 bedrooms, 2 bathrooms, and 1,814 square feet of living space. Listed at $925,000 (about $510/sqft), 43 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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.

The essentials

Built
1925
Price / sqft
$510
On market
43 days
Annual tax
$7,333
Flood zone
X · Low risk
Lot
33,500 sqft
Type
Single Family Residence

At a glance

Single family
Built 1925
0.77 acres
Lot size
1,814 sqft
Living area

Payment

Est. monthly payment
$5,898/mo
Down payment (20%)
$185,000
Property taxes
$611/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1925
Lot
33,500 sqft
Cooling
None
Heating
None
Parking
-
Days on Market
43
Open Floorplan
Lighting
Elementary
Chisholm Elem
Middle
New Smyrna Beach Middl
High
New Smyrna Beach High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X
Annual Tax (2025)
$7,333
Parcel #
7440-03-14-0050

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Riverside Park New Smyrna
County
Volusia
MLS Area
32168 - New Smyrna Beach
Lot Size
33,500 sqft
Sidewalk

Price history

Date
Event
Price
8/28/2026
Listed for sale
Source: Stellar MLS #NS1089147
$925,000
$510/sqft

Neighborhood

1042 N Dixie Fwy
New Smyrna Beach, FL, 32168 · 32168 - New Smyrna Beach

Market insights

Offer Insights

Choose an offer strength

List price: $925,000
$905,000 – $925,000
97.8% – 100% of listTops out right at the list price
80% of listList price
118 of the last 234 home closings in 32168 landed at this number or higher (50%). The median one sat 60 days before it went under contract, and this one is on day 43.

Sample: 234 closed home sales in 32168 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$5,898/mo
Principal & interest$4,824
Property taxes$611
Insurance$463
Down payment20% · $185,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$925,000

$510 per sq ft

Beds and baths

1 beds, 2 baths

Size

1,814 sq ft

Time on market

43 days

Year built

1925

Monthly payment

About $5,898/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,333 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

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Brokered byBARSOTTELLI PRIME REAL ESTATEListing agent: Ignacio BarsottelliListing data from Stellar MLS, MLS# NS1089147.

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