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Property
Beds
5
Full Baths
5
1/2 Baths
1
Year Built
1948
Sq.Footage
2,974
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!
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
5
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Block
-
Other Exterior Features
Other, Private Yard
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.79
-
Lot Size(square feet)
34400.0
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$995,000
-
Tax Amount
$7,006.82
-
Sq. Footage
2, 974
-
Price/SqFt
$334
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
New Construction
NO
-
Foundation Details
Block, Concrete Perimeter, Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
7
-
Water Source
Public
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Location
County
Volusia
Elementary School
Middle School
High School
Listing Courtesy of Ignacio Barsottelli , BARSOTTELLI PRIME REAL ESTATE
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Business Coach | Executive Sales Associate | Realtor®
Michael Graf
Call Michael today to schedule a private showing.
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