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$ 995,000

Est. payment | -/mo

4 Baths

2,942 SqFt

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$ 995,000

Est. payment | -/mo

Save

4 Baths

2,942 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,942 sqft

Price per Sqft $338

MLS Listing ID 1227364

Year Built 1948

Annual Tax Amount $7,006

Acres 0.78

Property Sub-Type Mixed Use

Source Daytona Beach Area Association of REALTORS®

Property Description

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!

Location

State FL

County Volusia

Area 70 - New Smyrna Beach E Of 95

Direction I-95 Exit 249 (SR-44), east toward New Smyrna Beach. Right on Myrtle Ave. Property on NW corner of Canal St & Myrtle Ave.

Region New Smyrna Beach

City Region New Smyrna Beach

Interior

Heating Central

Cooling Central Air

Flooring Tile, Other

Heat Source Central

Exterior

Parking Features Detached

Utilities Available Electricity Available, Sewer Connected, Water Connected

View Y/N No

Roof Type Metal,Shingle

Road Frontage City Street

Building

Lot Description Historic Area

Sewer Public Sewer

Water Public

Structure Type Block,Brick,Concrete,Metal Siding

Others

Tax ID 7418-08-33-0090

Ownership System Facewrap Llc

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Ignacio Barsottelli • Barsottelli Prime Real Estate

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(386) 286-8312

theman@dereksellsflhomes.com

801 Canal ST New Smyrna Beach, FL 32168

Key Details

Location

Interior

Exterior

Building

Others

Schools and Properties Nearby

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801 Canal ST