Active

Price cut: $490K (10/12)

$5,500,000

508 S Indian River Rd, New Smyrna Beach, FL 32169

3beds

2,000sqft

$38,277/mo

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Single Family Residence, Residential

Built in 1955

0.64 Acres Lot

$-- Zestimate^®

$2,750/sqft

$-- HOA

What's special

Ceiling fans

Direct Intracoastal Waterway ''Indian River'' deep water frontage 3 Bd, 2 Ba, 1 Car Garage home in a prime New Smyrna Beach location. There is a fireplace in the living room with tile and terrazzo flooring throughout. This kitchen has a breakfast bar and the home has ceiling fans. This oversized riverfront parcel totals approximately 0.65 acres with roughly 90 feet of frontage and deep lot depth offering flexibility for future development. A 20x18' dock is included. Current zoning is single-family residential. Walk to historic Flager Ave and Canal Street dining, shopping and entertainment. Minutes to New Smyrna Beach. This property is ideal as a primary residence, or vacation get away.

210 days
324
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Main
Area: 168 Square Feet
Dimensions: 12.00 x 14.00

Kitchen

Level: Main
Area: 135 Square Feet
Dimensions: 10.00 x 13.50

Heating

Central

Cooling

Central Air

Appliances

Included: Other
Laundry: In Garage

Features

Breakfast Bar, Ceiling Fan(s)
Flooring: Terrazzo, Tile
Number of fireplaces: 1

Interior area

Total structure area: 2,000
Total interior livable area: 2,000 sqft

Property

Parking

Parking features: Attached, Garage, Off Street
Has attached garage: Yes

Features

Levels: One
Stories: 1
Exterior features: Dock
Pool features: In Ground, Screen Enclosure
Has view: Yes
View description: Intracoastal, River
Has water view: Yes
Water view: Intracoastal,River
Waterfront features: Intracoastal, River Front

Lot

Size: 0.64 Acres
Dimensions: 90.0 ft x 285.0 ft
Features: Few Trees

Details

Additional structures: Shed(s)
Parcel number: 741600000330

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence, Residential

Materials

Stone, Other
Foundation: Slab

Condition

New construction: No
Year built: 1955

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected

Community & HOA

Community

Subdivision: Not In Subdivision

HOA

Has HOA: No

Location

Region: New Smyrna Beach

Financial & listing details

Price per square foot: $2,750/sqft
Tax assessed value: $2,160,379
Annual tax amount: $35,419
Date on market: 4/6/2026
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/12/2026	Price change	$5,500,000-8.2%$2,750/sqft
Source: DBAMLS #1223062 Report a problem
6/13/2026	Price change	$5,990,000-7.8%$2,995/sqft
Source: Stellar MLS #NS1087777 Report a problem
3/5/2026	Price change	$6,500,000-7.1%$3,250/sqft
Source: DBAMLS #1223062 Report a problem
2/15/2026	Listed for sale	$7,000,000+9233.3%$3,500/sqft
Source: DBAMLS #1223062 Report a problem
5/1/1979	Sold	$75,000$38/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$35,419 +614%	$2,160,379 +542.3%
2024	$4,961 +1.9%	$336,355 +3%
2023	$4,868 +2.9%	$326,559 +3%
2022	$4,729	$317,048 +3%
2021	--	$307,814 +1.4%
2020	$4,747	$303,564 +2.3%
2019	$4,747 -1.1%	$296,739 +1.9%
2018	$4,798 +0.2%	$291,206 +2.1%
2017	$4,789 -0.8%	$285,216 +2.1%
2016	$4,826 -4.1%	$279,350 +0.7%
2015	$5,035 -3.6%	$277,408 +0.8%
2014	$5,224	$275,206 +1.5%
2013	--	$271,139 +1.7%
2012	--	$266,607 +3%
2011	--	$258,842 +1.5%
2010	--	$255,017 +2.7%
2009	--	$248,313 +3.1%
2007	--	$240,840 -0.5%
2006	--	$242,015 +6.1%
2005	--	$228,122 +3%
2004	--	$221,478 +1.9%
2003	--	$217,348 +2.4%
2002	--	$212,254 +1.6%
2001	--	$208,912 +3%
2000	--	$202,828