Price Reduction - Waterfront - New Construction - Primary on Main
Address
1194 N Peninsula Avenue, NEW SMYRNA BEACH, FL
Price
$ 5,500,000
Property Attributes
  • MLS#O6393010
  • TypeSingle Family
  • Listing Status Active
  • CountyVolusia
  • CityNEW SMYRNA BEACH
  • AreaNew Smyrna Beach
  • NeighborhoodNEW SMYRNA BRIDGE & INV CO 01
  • Zip32169
  • StyleContemporary Custom
  • Year Built2024
  • Taxes$ 58307
  • Price$ 5,500,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms2
  • Sqr Footage5500
  • Lot Size0.25 Acres
Data Source:
Stellar MLS
Property Description

***EXCEPTIONAL OPPORTUNITY FOLLOWING A SIGNIFICANT PRICE ADJUSTMENT*** Direct Intracoastal luxury waterfront home in New Smyrna Beach, Florida, with deep water access, two blocks from the beach, and partial ocean views. This is coastal living at the highest level. Designed with a modern-inspired style, this new construction home offers a rare opportunity for both intercostal and beach living. 5-bedrooms, 5 full baths, 2 half baths, and over 5,500 square feet of modern design. Featuring clean architectural lines, soaring ceilings, and walls of glass capturing panoramic water views throughout. Situated on 51 feet of deep-water Intracoastal frontage, the property includes a seawall, private dock with water, electric, fish-cleaning station, and a boat slip accommodating a 40-foot yacht, ideal for dock-and-go boating, with future boat lift potential. The outdoor living space offers both relaxation and entertaining, with a fully automated Jandy saltwater infinity-edge pool and spa, tanning shelf, water features, fire elements, and a premium lighting package enhancing the waterfront setting day and night. The expansive waterfront patio and covered lanai create a resort-style environment, complemented by a fully equipped summer kitchen featuring a built-in gas grill, sink, ice maker, storage, and a 42-inch gas range. Inside, the open-concept main level offers seamless indoor-outdoor flow with three access points to the pool deck, connecting interior living spaces to the waterfront. The chef’s kitchen is outfitted with a premium Thermador appliance suite, including a 6-burner gas range with double ovens, refrigerator, wine fridge, freezer, and dishwasher, along with a Sharp microwave, farm sink, waterfall-edge quartz island, and sleek soft-close cabinetry with motorized upper cabinets. The first floor includes a private suite with a full bath and a walk-in closet, a hidden half bath, and laundry room. Additional features include wide-plank oak flooring, oversized baseboards, and a custom staircase with built-in lighting. A private elevator with automatic doors connects all three levels. Upstairs, on the second level you find the primary suite offering a private balcony overlooking the Intracoastal, a spa-style bath with walk-in shower, Hilo sauna, and steam room, along with a custom-built closet with LED lighting. Direct balcony access from both the bedroom and bath enhances the indoor-outdoor connection. The second level also includes a second laundry room and three additional bedrooms with ensuite or adjacent baths, including two with a shared balcony. The third floor features a spacious observatory-style loft designed for entertaining, complete with a wet bar, sink, wine fridge, and half bath. This level opens to both a waterfront balcony and a rear-facing balcony with ocean views, creating a unique elevated entertaining space with panoramic vistas and strong indoor-outdoor flow. Additional highlights include Crestron lighting automation, a two-car garage with high ceilings and epoxy flooring with potential for lifts, and an expansive driveway accommodating multiple vehicles. Positioned between the Intracoastal Waterway and the Atlantic Ocean, the property offers a rare boat-to-beach lifestyle just minutes from Flagler Avenue, top restaurants, marinas, and a 2-minute walk to the beach. New construction Intracoastal homes with deep water, private dockage, modern architecture, and ocean views are rare. This is a standout opportunity!

Price History
4/6/2026 Listed $7,495,000
6/22/2026 17$6,200,000
7/10/2026 3$5,999,000
9/25/2026 8$5,500,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air,Humidity Control
Utilities Electricity Available,Fiber Optics
Possession Close Of Escrow
Roof Metal
Appliances Built-In Oven,Dishwasher,Gas Water Heater,Microwave,Range,Range Hood,Refrigerator,Tankless Water Heater,Wine Refrigerator
Zoning 10R1
Garage Spaces 2
Patio/Porch Features Covered,Deck,Front Porch,Patio,Rear Porch
Architectural Style Contemporary,Custom
Pool Features Auto Cleaner,Deck,In Ground,Infinity,Lighting,Salt Water
Security Features Closed Circuit Camera(s),Security Lights,Security System Owned,Smoke Detector(s)
Construction Materials Block
Pets Allowed Cats OK,Dogs OK,Yes
Year Built 2024
View City,Pool,Water
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Intracoastal Waterway
County Volusia
New Construction true
Property Type Residential
Attached Garage true
Subdivision Name NEW SMYRNA BRIDGE & INV CO 01
Facing Direction East
Garage Y/N true
Other Structures Outdoor Kitchen
Total Rooms 9
Full Baths 5
Status Active
Directions Turn north on N Peninsula from Flagler Ave and the home will be on the left at 1194 N Peninsula
City NEW SMYRNA BEACH
Senior Community Y/N false
MLS Area 32169 - New Smyrna Beach
Lot Size Units Square Feet
Lot Size Square Feet 12845
Carport Y/N false
Listing Terms Cash,Conventional
Spa Features In Ground
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 58307
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.zillow.com/view-imx/c97900fc-363b-4dce-9601-45bd4c1bc914?wl=true&setAttribution=mls&initialViewType=pano
Building Area Units Square Feet
Living Area Units Square Feet
Builder Name Pennington Bros
Standard Status Active
Occupancy Type Vacant
Tax Lot 0990
Virtual Tour https://www.zillow.com/view-imx/c97900fc-363b-4dce-9601-45bd4c1bc914?initialViewType=pano
Legal Description 9 17 34 LOT 9 W OF PEN AVE EXC N 16.15 FT & RIP RTS & LOT 10 W OF PEN AVE NEW SMYRNA BRIDGE INV CO SUB MB 2 PG 15 SUB OF LOTS 1 & 2 & INC S 28.8 FT ON E OF LOT 7 BLK 18 COLIN PARK MB 11 PGS 116-117 INC PER OR 3128 PG 0474 PER OR 8079 PG 3850
Water View Gulf/Ocean - Partial,Intracoastal Waterway
Water Access Type Intracoastal Waterway
Minimum Lease No Minimum
Water Access Y/N true
Additional Rooms Inside Utility,Loft
Water View Y/N true
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes
DockY/N true

Interior Features

Interior Amenities Cathedral Ceiling(s),Ceiling Fan(s),Elevator,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Other,Primary Bedroom Main Floor,PrimaryBedroom Upstairs,Sauna,Smart Home,Solid Surface Counters,Thermostat,Vaulted Ceiling(s),Walk-In Closet(s),Wet Bar
Flooring Tile,Hardwood
Furnished Y/N Unfurnished
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Window Features ENERGY STAR Qualified Windows,Insulated Windows,Storm Window(s)
Fireplace Y/N false
Half Baths 2
Laundry Features Gas Dryer Hookup,Inside,Laundry Room
Total Bedrooms 5
LivingAreaSource Builder
Total Baths 7

Exterior Features

Exterior Amenities Awning(s),Balcony,Irrigation System,Lighting,Outdoor Kitchen,Rain Gutters,Sauna
Vegetation Bamboo,Mature Landscaping
Fencing Masonry
Lot Features City Lot,Oversized Lot
Water Source Public
Lot Size Area 12845
Foundation Details Concrete Perimeter,Slab,Stem Wall
Spa true
Building Area Total 8000
Lot Dimensions 50 x 228
Lot Size Acres 0.25
Road Surface Type Asphalt
Private Pool true
Waterfront Y/N true
Covered Spaces 2
Number of Lots 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32169

Price
AVG $1.92M
$5.5M
Taxes
AVG $11,419
$58,307
Year Built
AVG 1987
2024