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PRICE $924,900 dsIDX morgage calculator
SIZE 4,422 sqft
LOT SIZE 9,584 sqft

Unique opportunity in the heart of the Canal Street Historic District! This 6,753 sq ft, three-story mixed-use property offers the ultimate flexibility for investors, entrepreneurs, or creative visionaries. Zoned Mixed Use and located steps from New Smyrna Beach's vibrant dining, shopping, and arts scene, this property blends history, location, and income potential. The second floor features existing apartments ideal for short- or long-term rentals (check with the municipality for restrictions). The third floor offers versatile flex space "” perfect for a private event venue, large residential loft, or an inspiring art studio framed by exposed brick and wooden beams. The first floor provides prime commercial frontage visible from Canal Street, with original wood floors and industrial-style charm that set the stage for retail, dining, or creative businesses. The included rear lot provides valuable additional space, ideal for a landscaped courtyard, parking, or future expansion. Enjoy a premier location just blocks from the Intracoastal Waterway, where waterfront parks, marinas, and boating activities are at your doorstep, and only a short drive to New Smyrna Beach's famous sandy shoreline. Currently mid-renovation, the property is ready for your finishing touches. Whether you choose to live and work from the same address, lease the residential units, rent all or part of the commercial space, or bring a fresh concept to life, this historic building is truly a blank canvas in one of Florida's most charming coastal districts.

FORECLOSURE
This listing may be a bank owned (foreclosed) property.

DAYS ON MARKET 239 LAST UPDATED 3/31/2026
TRACT ANDREWS NEW SMYRNA YEAR BUILT 1927
COMMUNITY 32168 - New Smyrna Beach COUNTY Volusia
STATUS Active PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Sep 5, '25 $1,099,000
Sep 5, '25 - Nov 18, '25 $1,049,900
Nov 18, '25 - Jan 6, '26 $999,900
Jan 6, '26 - Jan 26, '26 $949,900
Jan 26, '26 - Today $924,900


ADDITIONAL DETAILS
AIR Other
AIR CONDITIONING Yes
AREA 32168 - New Smyrna Beach
CONSTRUCTION Brick
LOT 9583 sq ft
STORIES 3+
SUBDIVISION ANDREWS NEW SMYRNA
TAXES 18281.32
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 204 MAGNOLIA STREET
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Listing provided by Jennifer Clark, GLORY INTL. REAL ESTATE CO, 386-775-7778
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/2/26 9:33 PM PDT.

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