Development Opportunity Zoned R 5. Situated just minutes from the vibrant Canal Street Historic District and a short ride to the beach, this cleared 0.45 acre lot is a prime canvas for new residential development. Zoned R 5 (Urban Single Family Residential), the parcel allows up to three single family or modular homes, each on a minimum 5,000 sq ft lot. With no structures to demolish, utilities nearby, and excellent street frontage (91 feet wide), the lot is ready for immediate subdivision and development. Whether youre a builder looking to create a small cluster of homes or an investor seeking strong long term rental yield, 108 S Myrtle Ave offers flexibility, location, and real growth potential. Located in one of New Smyrna Beachs most up and coming infill areasclose to shops, schools, dining, and the Intracoastalthis opportunity wont last long.