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About this home
1405 S Glencoe Rd is a home New Smyrna Beach. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Rare Fully Entitled Development Opportunity in New Smyrna Beach Exceptional opportunity to acquire a fully approved residential subdivision in one of New Smyrna Beach's growing rural estate areas. After more than three years of planning, engineering, and negotiations with Volusia County, this project has received approvals and is ready for development. The subdivision consists of seven 1-acre homesites thoughtfully designed across approximately 11.69 acres, creating an attractive estate-style community with privacy and spacious lot sizes that are increasingly difficult to find in today's market. The approved plans include a private roadway, stormwater management system, preservation areas, and all required development infrastructure, providing a significant advantage by allowing a developer or builder to bypass years of entitlement work and move directly toward construction. The site features approximately 7.01 acres dedicated to residential lots, 1.82 acres of roadway, and a professionally engineered stormwater facility, with preservation areas incorporated into the design. Located in the desirable Glencoe Road corridor, the property offers the perfect balance of rural living and convenience, with easy access to New Smyrna Beach, Port Orange, I-95, shopping, dining, and area attractions. This is an ideal opportunity for a custom home builder, luxury home builder, or investor seeking a shovel-ready project with substantial entitlement value already in place. Opportunities to acquire approved subdivisions with large estate-sized lots are becoming increasingly rare in Volusia County.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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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
$1,990,900
Time on market
102 days
Monthly payment
About $12,171/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $9,505 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.
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