204 MAGNOLIA ST new

New Smyrna Beach,FL 32168

$ 1099000

- Bed

0 Bath

4422 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,422 sqft

Price per Sqft $248

Subdivision Andrews New Smyrna

MLS Listing ID V4944223

Year Built 1927

Annual Tax Amount $18,281

Lot Size 9,583 Sqft

Property Sub-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.

Location

State FL

County Volusia

Community Andrews New Smyrna

Area 32168 - New Smyrna Beach

Zoning 10B1

Interior

Cooling Other

Building

Story 3

Foundation Slab

Structure Type Brick

New Construction false

Others

Acceptable Financing Cash,Other

Listing Terms Cash,Other

Special Listing Condition Real Estate Owned

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