801 CANAL STREET NEW SMYRNA BEACH FL 32168 MLS #NS1084419

801 CANAL STREET
NEW SMYRNA BEACH, FL, 32168
$1,495,000
7 Beds
5.5 Baths
4,500 SqFt
0.79 Acres
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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

Price:
$1,495,000
MLS #:
NS1084419
Status:
Active
Beds:
7
Baths:
5.5
Address:
801 CANAL STREET
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
INWOOD SUB NEW SMYRNA BEACH
Neighborhood:
32168 – New Smyrna Beach
City:
NEW SMYRNA BEACH
Listed Date:
Apr 4, 2025
State:
FL
Finished Sq Ft:
4,500
Total Sq Ft:
4,500
ZIP:
32168
Lot Size:
34,400 sqft / 0.79 acres (approx)
Year Built:
1948
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CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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Schools

Interior

Appliances
Other
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Other
Heating
Other
Laundry Features
Other

Exterior

Construction Materials
Block, Brick, Concrete, Metal Siding
Exterior Features
Other
Roof
Shingle

Financial

Tax Year
2024
Taxes
$8,838

Map

Community

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801 CANAL STREET
NEW SMYRNA BEACH, FL