801 CANAL ST new

New Smyrna Beach,FL 32168

$ 1495000

7 Beds

6 Baths

2974 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,974 sqft

Price per Sqft $502

Subdivision Inwood Sub New Smyrna Beach

MLS Listing ID NS1084419

Bedrooms 7

Full Baths 5

Half Baths 1

HOA Y/N No

Originating Board Stellar MLS

Year Built 1948

Annual Tax Amount $8,838

Lot Size 0.790 Acres

Acres 0.79

Lot Dimensions 172x200

Property Sub-Type Single Family Residence

Property Description

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!

Location

State FL

County Volusia

Community Inwood Sub New Smyrna Beach

Zoning 10B2

Interior

Interior Features Other

Heating Other

Cooling Central Air

Flooring Other

Fireplace false

Appliance Other

Laundry Other

Exterior

Exterior Feature Other

Utilities Available Other

Roof Type Shingle

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Block,Concrete Perimeter,Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block,Brick,Concrete,Metal Siding

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/NS1084419

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