$995,000

Single Family Residence In New Smyrna Beach

  • 5 Beds
  • 6 Baths
  • 2,574 Sqft
  • 33,977 Sqft lot
  • Updated: June 10
  • Source:
    Daytona Beach Area Association of REALTORS  MLS#1227367

About the Property

OWNER FINANCING AVAILABLE - MUST SELL! Exceptional residential home and mixed-use investment opportunity in the heart of New Smyrna Beach offering incredible flexibility for investors, entrepreneurs, live/work concepts, hospitality, retail, office, wellness, or income-producing ventures. Positioned on approximately 0.79 acres between US-1 and the Intracoastal Waterway, this unique property combine
OWNER FINANCING AVAILABLE - MUST SELL! Exceptional residential home and mixed-use investment opportunity in the heart of New Smyrna Beach offering incredible flexibility for investors, entrepreneurs, live/work concepts, hospitality, retail, office, wellness, or income-producing ventures. Positioned on approximately 0.79 acres between US-1 and the Intracoastal Waterway, this unique property combines residential comfort with strong commercial potential in one of the city’s most desirable and rapidly growing corridors. The property features spacious independent units and flexible configurations ideal for a boutique bed & breakfast, executive offices, medical or wellness practice, short-term rental operation, art gallery, café, retail showroom, co-working concept, or professional headquarters. Currently generating over $130,000 annually in short-term rental income, this property offers immediate revenue potential while also supporting long-term redevelopment and business opportunities. The generous layout provides multiple private-use areas with an ideal blend of residential and commercial functionality. Located just moments from Historic Canal Street, Flagler Avenue, Riverside Drive, shopping, dining, marinas, and only minutes to the beach, the property benefits from outstanding visibility, accessibility, walkability, and tourism exposure. Adding to the long-term appeal, the proposed Myrtle Avenue Park nearby off Canal Street is expected to further enhance the area’s charm, pedestrian activity, and future desirability. The surrounding district continues to experience substantial residential, hospitality, and commercial growth, making this a strategic acquisition with exceptional upside potential. Whether you are seeking an income-producing asset, flagship business location, mixed-use redevelopment opportunity, or a unique coastal investment property, this rare New Smyrna Beach offering delivers versatility, charm, and opportunity. MAKE AN OFFER!
  • Property type

    House

  • Floors

    1

  • Year built

    1948

  • Price/sqft

    $386

Features

  • Walk In Closet
  • Kitchen island
  • Parking
  • Bar

Explore the Area

801 Canal Street, New Smyrna Beach, Florida, United States View on Google Maps
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Barsottelli Prime Real Estate - New Smyrna Beach

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Barsottelli Prime Real Estate - New Smyrna Beach
Florida, United States
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3
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2026
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Barsottelli Prime Real Estate - New Smyrna Beach
New Smyrna Beach, Florida, United States
View agency profile
Last updated
June 10
First listed
Jun 10
Listing reference
1227367
Listing status
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