MAGNOLIA, NEW SMYRNA BEACH, FL, 32168
Active25 days on marketListed Jul 9, 2026MLS #NS1088680
About this home
MAGNOLIA
Rare Five-Lot Development Opportunity in the Heart of New Smyrna Beach! - An extraordinary opportunity to acquire five residential lots offered together as one exceptional package in one of New Smyrna Beach's most desirable and established neighborhoods. Whether you're a custom home builder, developer, or investor, this unique offering provides the rare chance to create a boutique residential enclave in a location where opportunities like this are becoming increasingly scarce. Located one block from Riverside Dr, surrounded by attractive homes and mature neighborhoods, these homesites offer the perfect blend of privacy, convenience, and coastal lifestyle. Residents will enjoy quick access to the charming shops, restaurants, galleries, and year-round events of the famous Canal Street, while the vibrant dining, entertainment, and beautiful beaches of Flagler Avenue are just minutes away. U.S. Highway 1 is also nearby, providing convenient access throughout New Smyrna Beach and beyond. With five buildable lots being sold as one package, the possibilities are endless—develop a collection of luxury homes, build an exclusive family compound, or hold as a premier investment in one of Central Florida's most sought-after coastal communities. Opportunities to secure multiple contiguous buildable lots in this location are exceptionally rare. Don't miss your chance to bring your vision to life in beautiful New Smyrna Beach.
Facts & features
The home at a glance
0.75 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$7,150 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$7,150/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside South Mainland
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know New Smyrna Beach. See the full New Smyrna Beach guide →
South Mainland — neighborhood snapshot
Population
1,029
Median age
56
Median income
$61,397
Median home value
$308,200
Avg household
2
Households w/ children
56%
For the school run
Volusia County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The New Smyrna Beach market
$448K → $424K
New Smyrna Beach median sold, yr/yr
95.6%
Sale-to-list ratio (12 mo)
Median sold price, New Smyrna Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 225% above the NEW SMYRNA BEACH 32168 median. See the full New Smyrna Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near MAGNOLIA
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$150,000
121 VALENCIA DRIVE
2 bd · 1 ba · 606 sqft · $248/sqft · 36 DOM
Sold · Apr ’26$125,000
526 LIVE OAK STREET UNIT 105
1 bd · 1 ba · 672 sqft · $186/sqft · 30 DOM
Sold · Dec ’25$193,000
464 PALMETTO STREET
2 bd · 1 ba · 720 sqft · $268/sqft · 30 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about MAGNOLIA — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for MAGNOLIA — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
MAGNOLIA FAQs
What would the monthly payment be for MAGNOLIA?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,150/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on MAGNOLIA?+
The most recent tax bill on record (2026) was $778. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in New Smyrna Beach?+
At $1,200,000, this home is listed about 133% above the New Smyrna Beach median of $514,450. The market section on this page shows how the area is trending.
Which schools are assigned to MAGNOLIA?+
Read-Pattillo Elementary School (elementary), New Smyrna Beach Middle School (middle), New Smyrna Beach High School (high) — Volusia County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of ENGEL & VOLKERS NEW SMYRNA · David McKenna. MLS #NS1088680.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New New Smyrna Beach homes, in your inbox
Like MAGNOLIA but not quite? A daily digest of every new listing in New Smyrna Beach — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →