$1,495,000
For Sale

801 CANAL STREET

New Smyrna Beach, FL 32168
4500 sqft | 7 beds | 5.5 baths | 0.79 acres | #NS1084419
Browse 81 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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!

  • Property Details
      • FoundationBlock, Concrete Perimeter, Slab
      • SubdivisionINWOOD SUB NEW SMYRNA BEACH
      • Property SubtypeSingle Family Residence
      • Sewer InformationPublic Sewer
      • Original List Price$1,495,000
      • MLS #NS1084419
      • MLS #NS1084419
      • Property TypePurchase
      • CountyVolusia
      • Cost1495000
      • Utility SourcePublic
      • Taxes Annual$8,838
      • InteriorOther
      • Exterior MaterialsOther
      • Utility FeaturesOther
      • Acres0.79
      • Square Feet4500
      • Year Built1948
      • Bathrooms5.5
      • Bedrooms7
      • Full Baths5
      • Half Baths1
      • Stories1
      • Days on Market (Cumulative)6

Location

Darren GreeneReal Estate Group
OR

Interested in Purchasing 801 CANAL STREET?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00