Why Live in Canal Downtown
The Canal Downtown neighborhood in New Smyrna Beach is a vibrant coastal community situated along the Indian River. This area combines the historic charm of Old Florida with the convenience of a bustling commercial district. The Canal Street Historic District, lined with palm trees, features a variety of eateries and boutique shops, reflecting the neighborhood's recent transformation. Residents enjoy a mix of architectural styles, including Key West-style cottages, Coastal, Dutch Colonial, bungalow, and ranch-style homes. Many homes have been renovated while retaining their original charm. The neighborhood's multi-use zoning allows for a blend of residential and commercial properties, with some homes converted into businesses. Mid-rise condominiums offer multi-family living options with resort-style amenities and river views.
The walkable downtown area is known for its unique, privately-owned restaurants such as Little Griddle and Corkscrew Bar & Grille, as well as specialty shops like Canal Street Chic and New Smyrna Beach Florist. Community events, including Canal Street Nights and art walks, foster a lively cultural scene. Riverside Park serves as a central hub with a pirate-themed playground, fishing pier, and marinas offering boat rentals. Pettis Park provides additional recreational facilities like tennis and pickleball courts.
Chisholm Elementary, a highly rated school, serves younger students in the area. The neighborhood's location offers easy access to the city's public beaches, shopping centers, and major routes like Florida State Road A1A and U.S. Route 1, with Interstate 95 located about 4 miles west.
Home Trends in Canal Downtown, FL
On average, homes in Canal Downtown, New Smyrna Beach sell after 79 days on the market compared to the national average of 70 days. The median sale price for homes in Canal Downtown, New Smyrna Beach over the last 12 months is $1,510,000.
Median Sale Price
$1,510,000
Average Price Per Sq Ft
$706
Number of Homes for Sale
0
Last 12 months Home Sales
2
Median List Price
$1,675,000
Median Change From 1st List Price
10%