$1,095,000
$400K PRICE DROP

Estimated payment $6,692/month

Total Views 39,992
7 Beds
5.5 Baths
2,974 Sq Ft
$368 Price per Sq Ft

Highlights

  • 0.79 Acre Lot
  • Home Office
  • Living Room
  • No HOA
  • Workshop
  • 1-minute walk to Myrtle Avenue Park

About This Home

OWNER IS WILLING TO FINANCE! MUST SELL! 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! MAKE AN OFFER

Listing Agent

Ignacio Barsottelli

COLLADO REAL ESTATE Brokerage Phone: 386-427-0002 License #3428688 Listed on: 04/04/2025

COLLADO REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,838

Year Built

  • Built in 1948

Lot Details

  • 0.79 Acre Lot
  • Lot Dimensions are 172x200
  • East Facing Home
  • Property is zoned 10B2

Parking

  • 6 Carport Spaces

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Metal Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,974 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Home Office
  • Workshop

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Studio bedroom

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Inwood Sub New Smyrna Beach Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,838

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Brick, Concrete, Metal Siding
  • Fireplace: No
  • Living Area: 2974
  • Lot Size Acres: 0.79
  • New Construction: No
  • Year Built: 1948
  • Building Area Total: 4500
  • Lot Size Sq Ft: 34400
  • Directions to Property: 95 East towards the waterways
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 172580748
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 368.19
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_InLawSuiteDescription: 2+ Bedrooms,Detached (ADU)
  • Attribution Contact: 386-427-0002
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Other
  • Foundation Details: Block, Concrete Perimeter, Slab
  • Total Bedrooms: 7
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 801
  • Living Area Meters: 276.29
  • Room Count: 15

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 6
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Other
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: 10B2
  • Parcel Number: 7418-08-33-0090
  • Additional Parcels: No
  • Lot Dimensions: 172x200
  • Flood Zone Code: x
  • Homestead YN: 0
  • Lot Size Square Meters: 3196

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 8838.35
  • Tax Block: 33
  • Tax Book Number: 4-115
  • Tax Lot: 7

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $1,095,000 -8.4% $368 / Sq Ft
04/25/2025 04/25/25 Price Changed $1,195,000 -20.1% $402 / Sq Ft
04/04/2025 04/04/25 For Sale $1,495,000 +200.6% $503 / Sq Ft
04/30/2021 04/30/21 Sold $497,400 0.0% $193 / Sq Ft
04/30/2021 04/30/21 Sold $497,400 -7.0% $193 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/12/2021 04/12/21 Pending -- -- --
02/16/2021 02/16/21 Price Changed $535,000 +7.6% $208 / Sq Ft
01/06/2021 01/06/21 For Sale $497,400 -9.6% $193 / Sq Ft
01/06/2021 01/06/21 For Sale $550,000 -- $214 / Sq Ft
Source: Stellar MLS

About the Listing Agent

Ignacio Barsottelli

COLLADO REAL ESTATE

(386) 603-0377

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Welcome to the world of real estate excellence! With a wealth of experience spanning several years, Ignacio has earned a reputation as an unwavering and dependable agent who consistently goes the extra mile for his clients.
#1 Realtor in New Smyrna Beach MLS Ranking. Ranked Among the Top 1% of US Realtors. 100% Listings Accuracy with a 3-Week Average on the Market. 5-Star Zillow Realtor. Top Producer on LuxuryRealEstate.com.
Whether you're contemplating selling or buying your property,

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Source: Stellar MLS

MLS Number: NS1084419

Stellar MLS