Location: Inwood Sub New Smyrna Beach, New Smyrna Beach
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801 CANAL ST, NEW SMYRNA BEACH, FL 32168
$995,0006 Days on yellowkey MLS ID: NS1088309
Bed: 5 Bath: 5.5 Gar: 2 Liv Area Sq Ft: 2974 Built: 1948 Tax: $7,007 (2025)Community: Inwood Sub New Smyrna BeachSingle Family
Market Analysis: For SaleFor RentSoldRented
Nearby Properties: For SaleFor RentSoldRented
Taxes:$7,007
Elementary School: None
High School: None
Tax Year: 2025
Middle School: None
Remarks: 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!
Listing is courtesy of: BARSOTTELLI PRIME REAL ESTATE (386-401-8008)
Listing Agent: Ignacio Barsottelli (386-401-8008)
486 OAK ST, NEW SMYRNA BEACH, FL 32168
$265,900177 Days on yellowkey MLS ID: NS1086855
REDUCED by $10,000 (3.6%) on 06/03/2026
Bed: 3 Bath: 2.0 Liv Area Sq Ft: 1422 Built: 1953 Tax: $2,381 (2024)Community: Inwood Sub New Smyrna BeachSpa: NoSingle Family
Taxes:$2,381
Elementary School: Chisholm Elem
High School: New Smyrna Beach High
Tax Year: 2024
Middle School: New Smyrna Beach Middl
Remarks: *Investor Alert* or those seeking an Extra Income Producing Property! Lots of Possibilities! Flexible Ownership Usage; This Corner Lot, Two Unit Single Family Rental Property could also be Single Family Owners seeking extra Income or needing an additional separate In-Law Suite Efficiency Apartment complete with 2nd Kitchen, Full Bathroom and Walk-in Closet or a larger or extended family just needing more space and options! Located in New Smyrna Beach Florida just a short 10–15-minute drive to the Drive-On Beach, or a 5-minute drive to the Intracoastal for fishing, boating, parks, dining, shopping and all that this Coastal Community has available! A short, less than ten-minute drive to Route 95 for longer distance travel. Strong Cash Flow and Return On Investment for Investors (currently $3,375 / Month total gross) or new Home Owner can choose to offset their expenses currently $1,325 / Mo. by renting out the Efficiency Apartment or by $2,050 / Month by renting out the Main Home and living in the Efficiency Studio Apartment. The Main Home features Two Bedrooms, both with walk-in closets, one Bathroom, Kitchen, Dining Area, Living Room and Bonus Room which could act as a third Bedroom (but no closet) or Office or Den or Sitting Room. Nice Hardwood Floors throughout the Living and Bedrooms while the Kitchen and dining and adjacent room receive Porcelain Tiles for easy cleanup and maintenance. The studio Efficiency Apartment features two Separate Entrances, a flexible Living/Sleeping Space with Ceiling Fan and Walk-in Closet, a separate Full Kitchen and Dining Area and a Full Bathroom with Shower (and a second natural Gas Water Heater). The Main Home and Efficiency Apartment both have Two Separate Entrances as well as Separate Off-Street Parking Areas. The corner Lot yard has some mature trees and Landscaping to accent its surroundings and spacious feel. The home has been well maintained and recently painted inside and out. Now is your chance to Own an Income Producing slice of sunshine in this wonderful community by the water. Note: Listing Agent has an interest in the property. Please verify all Details and Dimensions.
Listing is courtesy of: GRACE REALTY, INC. (386-427-1404)
Listing Agent: Chip Doherty (386-416-9376)
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