Active

$995,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 2574 sq ft
Overview
  • ID: MFRNS1088307
  • Bedrooms:
  • Bathrooms: 0
  • Size: 2574 sq ft
Property Details
Remarks
OWNER FINANCING AVAILABLE – MUST SELL! Exceptional 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. Completely remodeled with impressive attention to detail, the property showcases high-end finishes, beautiful décor, and turnkey functionality throughout. 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!
Financial Considerations
Price:
$995,000
HOA Fee:
N/A
Tax Amount:
$7006.82
Price per SqFt:
$334.57
Tax Legal Description:
LOTS 7 & 8 & 9 BLK 33 INWOOD NEW SMYRNA PER OR 6732 PG 4908 PER OR 6802 PG 2930 PER OR 7559 PG 1982 PER OR 8043 PG 0394
Exterior Features
Lot Size:
34400
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Mixed Use
Style:
N/A
Year Built:
1948
Construction Type:
Block, Brick, Concrete, Metal Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    801 CANAL ST
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
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