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 d?cor, 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, caf?, 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!
Listed By
Agency Name: BARSOTTELLI PRIME REAL ESTATE
Agency Contact: 781-983-4852
Shown By
Agent Name: Codie Tennant
Agent Phone: (386) 804-0780
Agency Title: Glory International Real Estate Co
Estimated Payment
$ 3,088.48 per month $2,214.44 Principal & Interest $583.83 Property Tax $290.21 Homeowner's Insurance
801 Canal Street | MLS# NS1088309
This single family home located at 801 Canal Street, New Smyrna Beach, FL 32168 is currently listed for sale with an asking price of $995,000. This property was built in 1948 and has 5 bedrooms and 5 full and 1 partial baths with 2974 sq. ft. Canal Street is located in the INWOOD subdivision. Search INWOOD real estate on codietennant.gloryire.com today.