BUILD UP TO 10,000 SQ FT +/-... This tremendous opportunity with the MU/Commercial Zoning allows townhouses, villas, owner condo with business below, single family home or a commercial use business or even a Bed and Breakfast! In this new climate of working remotely, think how refreshing it would be to wake up near the beach, where you work. The possibilities for this lot are endless, the 7000SF artist rendering of 2 townhouses with pools and rooftop decks are just one idea among many that can be dreamed. Our historic beach town has been recognized by Coastal Living Magazine as a place to live, work and play... The possibilities are endless with these special features: *Art District overlay which may provide parking waivers for businesses. *Bed and Breakfast overlay. *Short Term Residential Rentals, allowing nightly, weekly, monthly or longer stays. *Special parking district that allows for 50% less of city parking requirements. *New Smyrna Beach Historic District. *Building height allowed up to 72 feet, +/-. This great location, close to Canal Street with so many terrific restaurants, award winning floral shop, boutiques, craft beer and chic salons, take your golf cart...or just a few steps farther you are at the City Marina with boat and yacht dockage with a bait and tackle shop. And of course you don't want to miss over the bridge to our WORLD FAMOUS beach and hip Flagler Avenue, with great nightlife and several award winning restaurants, shops, 3 nice hotels and don't forget the Flagler Ave. roosters! So, get ready for a unique investment opportunity with endless possibilities!!!