Listing Details for MLS # NS1084419
801 Canal Street, New Smyrna Beach, Fl 32168

Residential Property - Single Family Residence in New Smyrna Beach

Listing Price: $1,195,000Days on Market: 21

Description of Property

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 OFFERThe average asking price for a 7 bedroom/5 bath single family residence in this Zip code is $1,037,000. This single family residence is listed at about 115% of the average asking price. This is the only 7 bedroom/5 bath single family residence between $1,000,000 and $1,400,000 currently listed for sale in this Zip code.