801 Canal Street, New Smyrna Beach, FL 32168
- $995,000
- 5
- BD
- 6
- BA
- 2,974
- SqFt
- List Price
- $995,000
- Status
- Pending
- Days on Market
- 41
- MLS#
- NS1088309
- Property Style
- Single Family
- Year Built
- 1948
- Bedrooms
- 5
- Bathrooms
- 6
- Baths Half
- 1
- Living Area
- 2,974
- Lot Size
- 34,400
- Acres
- 0.79
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Inwood Sub New Smyrna Beach
- MLS Area Major
- New Smyrna Beach
Property Description
Under contract-accepting backup offers. OWNER FINANCING AVAILABLE – MUST SELL! Exceptional residential 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. Completely remodeled with impressive attention to detail, the property showcases high-end finishes, beautiful décor, and turnkey functionality throughout. 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! All information recorded in the MLS is intended to be accurate but cannot be guaranteed.
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Additional Information
- Taxes
- $7006
- Minimum Lease
- 1-7 Days
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- 10B2
- Interior Layout
- Ceiling Fans(s)
- Interior Features
- Ceiling Fans(s)
- Floor
- Other
- Appliances
- Microwave, Range, Refrigerator
- Utilities
- Cable Connected, Electricity Connected, Public
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- French Doors, Other, Private Yard
- Roof
- Shingle
- Foundation
- Block, Concrete Perimeter, Slab
- Pool
- No Pool
- Garage Carport
- 2 Car Garage
- Garage Spaces
- 2
- Flood Zone Code
- AE
- Parcel ID
- 74-18-08-33-00-9000
- 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
Listing courtesy of BARSOTTELLI PRIME REAL ESTATE. 781-983-4852
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