Active

$1,099,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 4422 sq ft
Overview
  • ID: MFRV4944223
  • Bedrooms:
  • Bathrooms: 0
  • Size: 4422 sq ft
Property Details
Remarks
Unique opportunity in the heart of the Canal Street Historic District! This 6,753 sq ft, three-story mixed-use property offers the ultimate flexibility for investors, entrepreneurs, or creative visionaries. Zoned Mixed Use and located steps from New Smyrna Beach’s vibrant dining, shopping, and arts scene, this property blends history, location, and income potential. The second floor features existing apartments ideal for short- or long-term rentals (check with the municipality for restrictions). The third floor offers versatile flex space — perfect for a private event venue, large residential loft, or an inspiring art studio framed by exposed brick and wooden beams. The first floor provides prime commercial frontage visible from Canal Street, with original wood floors and industrial-style charm that set the stage for retail, dining, or creative businesses. The included rear lot provides valuable additional space, ideal for a landscaped courtyard, parking, or future expansion. Enjoy a premier location just blocks from the Intracoastal Waterway, where waterfront parks, marinas, and boating activities are at your doorstep, and only a short drive to New Smyrna Beach’s famous sandy shoreline. Currently mid-renovation, the property is ready for your finishing touches. Whether you choose to live and work from the same address, lease the residential units, rent all or part of the commercial space, or bring a fresh concept to life, this historic building is truly a blank canvas in one of Florida’s most charming coastal districts.
Financial Considerations
Price:
$1,099,000
HOA Fee:
N/A
Tax Amount:
$18281.32
Price per SqFt:
$162.74
Tax Legal Description:
W 90 FT OF LOT 91 & N 35 FT OF LOT 92 BLK 9 ANDREWS NEW SMYRNA PER OR 5131 PG 2724-26 INC PER OR 7214 PG 1344 PER OR 7529 PG 2599 PER OR 8096 PG 2221 PER OR 8448 PG 2680
Exterior Features
Lot Size:
9750
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:
Other
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
Three Or More
Additional Features
Property Sub Type:
Mixed Use
Style:
N/A
Year Built:
1927
Construction Type:
Brick
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
Real Estate Owned
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    204 MAGNOLIA ST
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