Price Reduced 20.07%
Price History
$1,495,000
4/4/2025
$1,195,000
4/25/2025
801 CANAL STREET, New Smyrna Beach, FL, 32168
15 rooms
7 beds
5 Full / 1 Half baths
1948
2,974 sqft
OWNER IS WILLING TO FINANCE! MUST SELL! This exceptional property offers a fantastic multi-purpose investment opportunity in the heart of New Smyrna Beach, providing unparalleled flexibility for a range of uses. Whether you're interested in starting a short-term rental business, opening a boutique bed & breakfast, establishing professional office space, or launching a retail storefront, this property is perfectly designed to accommodate your vision. The property features spacious, independent units, offering flexibility to support various business models. It has been completely remodeled with exquisite attention to detail, showcasing high-end finishes and beautiful decor throughout. Currently, it generates over $130,000 annually from short-term rentals, making it a highly profitable venture. This property is in a prime area just a short walk to vibrant shopping and dining options on Canal and Flagler Avenue, a few minutes from the river, 7 minutes to the beach. The generous layout includes 5 bedrooms and bathrooms, creating a perfect blend of business and living space. With its unbeatable location, modern updates, and multiple income streams, this property is a rare gem in New Smyrna Beach. Whether you're an investor, entrepreneur, or someone looking for a unique combination of business and living space, this is an opportunity you won’t want to miss! MAKE AN OFFER
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Other
Subdivision:
INWOOD SUB NEW SMYRNA BEACH
Heating:
Other
Cooling:
Central Air
Levels:
1
Lot Size:
172 x 200
Acreage:
0.79
Est. Taxes:
$8,838
Construction
Block, Brick, Concrete, Metal Siding
Utilities
Other
Days on Market:
21
Appliances:
Other
Min Lease Term:
No Minimum
MLS #:
NS1084419
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of COLLADO REAL ESTATE Phone: 386-427-0002