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Under contract-accepting backup offers. If you have been looking for a property where you can build something that actually fits your lifestyle—not just someone else’s floor plan—this 1. 08-acre homesite in Samsula is a rare opportunity to create your own basecamp. For buyers who love the motorcycle lifestyle, the location is a standout: you get the peace and space of Samsula while staying conveniently close to I-95, New Smyrna Beach, shopping, dining, and the beach, intracoastal waterwway, and Spruce Creek. It’s also well-positioned for enjoying the Daytona/Volusia riding scene during Bike Week and throughout the year, with popular local spots like Cabbage Patch and Mike’s Corner within reach. This isn’t just a homesite—it’s a chance to build a property designed around how you actually live. Think: Custom home, Pole barn for bikes, tools, and toys, Barndominium-style setup, Detached garage/workshop, Hangout space for guests, Room for trailers, trucks, and extra parking (Buyer to verify intended use. ) The property’s agricultural zoning adds flexibility for a variety of future uses, and a substantial amount of due diligence work has already been completed—giving you a serious head start. Key documents available for review include: Completed survey, Wetland study, Non-conforming lot letter for permitting guidance, Clean environmental report, Approved development plan, Approved variances allowing a 50’ x 65’ building footprint (3, 250 sq ft single-story) or the option for a two-story home up to 6, 500 sq ft, Engineered site plan. You also get practical advantages that matter when planning a build: county-maintained road frontage, Spectrum nearby, and power accessibility with poles already present. If your vision includes a place with room to build, room to breathe, and room for the bikes—while still being close to the action—490 S Samsula Dr offers the space, flexibility, and groundwork to make it happen. Come walk the land, feel the quiet, and picture what you could build.
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Our Executive Mortgage Banker:
Our Insurance Division:
$119,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $95,920 | $95,920 | $95,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.419% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $567 | $591 | $777 |
| Total Monthly Payment | $642 | $666 | $852 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.