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801 CANAL STREET

House Active With Contract
$995,000

BTC: 15.26541884

ETH: 522.95757474

41 days
5 bds
5 ba
2,974 sqft

Overview

Under contract-accepting backup offers. OWNER FINANCING AVAILABLE – MUST SELL! Exceptional residential and mixed-use investment opportunity in the heart of New Smyrna Beach offering incredible flexibility for investors, entrepreneurs, live/work concepts, hospitality, retail, office, wellness, or income-producing ventures. Positioned on approximately 0.79 acres between US-1 and the Intracoastal Waterway, this unique property combines residential comfort with strong commercial potential in one of the city’s most desirable and rapidly growing corridors. Completely remodeled with impressive attention to detail, the property showcases high-end finishes, beautiful décor, and turnkey functionality throughout. The property features spacious independent units and flexible configurations ideal for a boutique bed & breakfast, executive offices, medical or wellness practice, short-term rental operation, art gallery, café, retail showroom, co-working concept, or professional headquarters. Currently generating over $130,000 annually in short-term rental income, this property offers immediate revenue potential while also supporting long-term redevelopment and business opportunities. The generous layout provides multiple private-use areas with an ideal blend of residential and commercial functionality. Located just moments from Historic Canal Street, Flagler Avenue, Riverside Drive, shopping, dining, marinas, and only minutes to the beach, the property benefits from outstanding visibility, accessibility, walkability, and tourism exposure. Adding to the long-term appeal, the proposed Myrtle Avenue Park nearby off Canal Street is expected to further enhance the area’s charm, pedestrian activity, and future desirability. The surrounding district continues to experience substantial residential, hospitality, and commercial growth, making this a strategic acquisition with exceptional upside potential. Whether you are seeking an income-producing asset, flagship business location, mixed-use redevelopment opportunity, or a unique coastal investment property, this rare New Smyrna Beach offering delivers versatility, charm, and opportunity. MAKE AN OFFER! All information recorded in the MLS is intended to be accurate but cannot be guaranteed.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1948
Lot:
0.79 Acres
Heating:
Central
Price/sqft:
$335
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$7,006
2025
Garage
2 car garage
Furnished
Negotiable
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 5

  • Property

    • Levels: One

    • Exterior Features: French Doors / Other / Private Yard

    Lot

    • Lot: 0.79 Acres

    Other Property Information

    • Parcel Number: 74180833009000

    • Zoning: 10B2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Public

  • Other financial information

    • Annual tax amount: $7,007

  • Source details

    • MLS ID: NS1088309

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block / Concrete Perimeter / Slab

    • Laundry Features: Other

    • Direction Faces: South

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 2974

    • Water Source: Public

    • Lot Size Dimensions: 172 x 200

    • Subdivision Name: INWOOD SUB NEW SMYRNA BEACH

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BARSOTTELLI PRIME REAL ESTATE