$924,900

$209/sq ft

$174,100
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Overview

Year Built

1927

Sqft

4422

Property Type

Mixed Use

Property Description

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.

Property Details

MLS#

V4944223

Total Floor in Bldg

3

Address

204 MAGNOLIA

City

New Smyrna Beach

State/county

FL

Zip/Postal Code

32168

Area

Andrews New Smyrna

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$18,281

Maint Fee

$--

Tax Year

2024

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