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$925,000
1 Beds 2 Baths Riverside Park New Smyrna SubDv. 32168 Zip Code
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.

1042 N Dixie Freeway, New Smyrna Beach

$925,000
Riverside Park New Smyrna SubDv. 32168 Zip Code
Prime Commercial Redevelopment Opportunity – New Smyrna Beach, Florida Exceptional visibility, outstanding accessibility, and remarkable redevelopment potential come together on this rare 0.77-acre commercial property located along highly traveled US-1 (N. Dixie Freeway) in one of New Smyrna Beach's fastest-growing commercial corridors. 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.

1042 N Dixie Freeway, New Smyrna Beach

$2,290,000
3 Beds 4 Baths Riverside Park SubDv. 32168 Zip Code
Historic, half-acre estate set along one of New Smyrna Beach's most treasured stretches of waterfront. Sitting high, beneath a canopy of mature trees, this elevated, landmark property offers direct access to the Intracoastal Waterway and is just a short walk from downtown Canal Street. Known as “El Real Retiro”, this handsome, single story home has been thoughtfully updated while preserving the character that continues to make it unique. Original details include high ceilings, French doors, beautiful wood floors and generous, light-filled rooms, while recent upgrades such as hurricane-impact windows, a barrel tile roof, updated electric and plumbing, and a remodeled kitchen and bathrooms provide modern comfort and efficiency. Outside, the home features a cozy covered lanai with a stylish, tongue-and-groove ceiling overlooking the screened pool, spa and putting green, creating an incredible entertaining space. And a newer private dock (and 10,000 lb boat lift) provides direct access to the Intracoastal Waterway, offering some lucky, new owner everything that comes with being a part of the NSB waterfront lifestyle. Additional improvements include a huge walk-in master closet, all new HVAC duct work and an added garage. Walk to the restaurants and shops downtown, cruise to our famous beach or hop on your boat and find yourself on the river in minutes. This historically registered property seamlessly combines the best of NSB’s past and present. Come take a look today - and start your next chapter at “El Real Retiro”.

636 N Riverside Drive, New Smyrna Beach

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Volusia CountyNew Smyrna BeachRiverside Park New Smyrna

Riverside Park New Smyrna, New Smyrna Beach

Riverside Park New Smyrna is a neighborhood in northwest New Smyrna Beach, in the 32168 zip code, built mostly in the 1950s. Homes are block and wood frame, predominantly single story. Most homes fall between about 900 and 2,900 square feet under air, the median lot is roughly a quarter acre, and a one car garage is standard.

Most of Riverside Park New Smyrna carries no mandatory HOA.

Turnbull Street Park sits inside the subdivision.

What the homes are

  • Built Mostly built in the 1950s, with homes from 1918 to 2000.
  • Construction Block and wood frame. Shingle roofs are near universal.
  • Size Most homes fall between about 900 and 2,900 square feet under air.
  • Bedrooms Three bedrooms is the most common plan, then two, then four.
  • Garage A one car garage is standard.
  • Lot The median lot is roughly a quarter acre.
  • HOA Most of the neighborhood carries no mandatory HOA. Confirm on a specific parcel before relying on it.

Where Riverside Park New Smyrna is

Riverside Park New Smyrna, centered at 29.037794, -80.931388. Drag to explore.
Street level, inside the neighborhood. Drag to look around.

Drive times below are measured on the road network from the center of Riverside Park New Smyrna, not straight-line distance, in free-flowing traffic. Treat them as the floor rather than the school-run average.

Driving toTimeMiles
DeBary SunRail42 min33.9
Orlando International Airport72 min74.4
Daytona Beach oceanfront26 min15.4
Downtown DeLand36 min24.8

Public schools nearby

  • Chisholm Elementary School 4 min, 1.0 mi
  • Read-Pattillo Elementary School 6 min, 2.2 mi
  • New Smyrna Beach High School 9 min, 3.7 mi

Private schools nearby

  • Faith Christian Academy 4 min, 1.3 mi
  • Knight's Christian Academy 5 min, 1.4 mi

Parks and recreation

  • Turnbull Street Park 2 min, 0.8 mi
  • Mary Street Park 3 min, 0.9 mi
  • Pettis Park 4 min, 1.3 mi
  • Old Fort Park 4 min, 1.2 mi

Groceries and errands

  • The Galley 4 min, 1.2 mi
  • Perrine's Fresh Food Markets 5 min, 1.7 mi
  • Winn-Dixie 7 min, 2.5 mi
  • Publix Super Market at New Smyrna Beach Regional Shopping Center 8 min, 2.6 mi

Nearest is not the same as zoned. The schools above are the closest ones to Riverside Park New Smyrna by distance. School attendance zones are set by the district, change from year to year, and can differ street to street inside one neighborhood. Confirm the assignment for a specific address with Volusia County Public Schools before it matters to a decision.

Places and drive times from Google, checked 7 September 2026. Businesses open and close; if something here has changed, tell me and I will correct it.

This page tracks what homes in Riverside Park New Smyrna actually sold for over the last twelve months, how long they took, and what moved the price. It is built from 7 verified closed sales in the Stellar MLS feed, not from public estimates. Every figure is a net-of-concessions number, which is explained at the bottom. Updated September 2026.

Read this one loosely. Fewer than eight homes closed here in the last year, so every median on this page rests on a small sample and can swing on a single sale.

What homes sold for in Riverside Park New Smyrna

$466,000Median sale price
$334Median per square foot
91 daysMedian days to contract
7Homes sold in 12 months

Sale prices ran from $270,000 to $2,700,000, which is a wide spread and the reason a single neighborhood median is a starting point rather than an answer.

By size

Home sizeSalesMedian priceMedian $/sq ftMedian days
Under 2,000 sq ft5$329,900$32891 days

Larger homes usually show a lower price per square foot. That is normal and it is why a price per foot taken from the whole neighborhood should never be applied straight to one house.

Homes priced right sold far faster

Median days to go under contract. Shorter is better.

Never reduced 3 sales, closed at 91.5% of asking56 days
Reduced at least once 4 sales, closed at 100% of the reduced price98 days

Sellers who priced correctly and held their number went under contract in a median 56 days. Sellers who had to reduce took 98 days and still closed at 100% of their already reduced price, after a typical cut of $90,000. Opening high costs time and money, in that order.

Seller concessions

14%Of sales included a seller credit
$26,000Typical credit when there was one
1 of 7Sales carrying a credit

A seller credit covers part of the buyer's closing costs and comes off the seller's proceeds, so the headline sale price overstates what the seller kept. Budget for it if you are selling, and ask for it if you are buying.

How buyers paid

Conventional 4 sales50%
Seller Financing 2 sales25%
Private 1 sales12%
Cash 1 sales12%

Cash was 12% of purchases. A high cash share means a seller has buyers who do not depend on an appraisal, and a buyer using a loan is competing against offers that can close faster.

Questions about a specific home in Riverside Park New Smyrna, or want to know what yours would sell for?
Call or text Brenden Rendo at 407-616-9019 or send a message.

About this data. Source is the Stellar MLS feed for Riverside Park New Smyrna in New Smyrna Beach, Volusia County, covering closed sales from 12 September 2025 through 7 September 2026, refreshed monthly and current as of September 2026. Prices are net of seller concessions, so they reflect what the seller actually received rather than the headline number. Data believed accurate but not guaranteed; listings and closings change daily.