$915,000
$995,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Baths
2,942 SqFt
SOLD DATE : 08/25/2026
Key Details
Sold Price $915,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,942 sqft
Price per Sqft $311
MLS Listing ID 1227364
Sold Date 08/25/26
Year Built 1948
Annual Tax Amount $7,006
Lot Size 0.780 Acres
Lot Dimensions 0.78
Property Sub-Type Mixed Use
Source Daytona Beach Area Association of REALTORS®
Property Description
OWNER FINANCING AVAILABLE - MUST SELL! Exceptional 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. 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. Completely remodeled with impressive attention to detail, the property showcases high-end finishes, beautiful décor, and turnkey functionality throughout. 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!
Location
State FL
County Volusia
Direction I-95 Exit 249 (SR-44), east toward New Smyrna Beach. Right on Myrtle Ave. Property on NW corner of Canal St & Myrtle Ave.
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Detached
Utilities Available Electricity Available, Sewer Connected, Water Connected
Roof Type Metal,Shingle
Building
Lot Description Historic Area
Water Public
Structure Type Block,Brick,Concrete,Metal Siding
Others
Senior Community No
Tax ID 7418-08-33-0090
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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