204 MAGNOLIA ST, NEW SMYRNA BEACH, FL 32168

$849,900

Pending · 289 days on market · MLS# MFRV4944223

Living area4,422 sq ft
Lot size0.22 acres
Year built1927
Property typeMixed Use
WaterfrontYes
Annual taxes$18,281
CountyVolusia

About this home

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.

Listing courtesy of Jennifer Clark, GLORY INTL. REAL ESTATE CO. Presented by MC Homes Realty Inc · 727432218.

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