NEW SMYRNA BEACH, FL 32168 801 CANAL STREET
$995,000



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Presented By: BARSOTTELLI PRIME REAL ESTATE with 386-401-8008. - 781-983-4852
Home Details
OWNER FINANCING AVAILABLE – MUST SELL! Exceptional 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. 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. Completely remodeled with impressive attention to detail, the property showcases high-end finishes, beautiful décor, and turnkey functionality throughout. 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!
Presented By: BARSOTTELLI PRIME REAL ESTATE with 386-401-8008. - 781-983-4852
Interior Features for 801 CANAL STREET
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Total Stories1
General for 801 CANAL STREET
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityNEW SMYRNA BEACH
Construction MaterialsBlock, Brick, Concrete, Metal Siding
CoolingCentral Air
CountyVolusia
DirectionsI-95 Exit 249 (SR-44), east toward New Smyrna Beach. Right on Myrtle Ave. Property on NW corner of Canal St & Myrtle Ave.
DockY/NNo
Flood Zone CodeAE
Legal DescriptionLOTS 7 & 8 & 9 BLK 33 INWOOD NEW SMYRNA PER OR 6732 PG 4908 PER OR 6802 PG 2930 PER OR 7559 PG 1982 PER OR 8043 PG 0394
Living Area UnitsSquare Feet
Lot Size Square Feet34400
Lot Size UnitsSquare Feet
MLS Area32168 - New Smyrna Beach
New ConstructionNo
OwnershipFee Simple
Property SubtypeMixed Use
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Subdivision NameINWOOD SUB NEW SMYRNA BEACH
Tax Annual Amount7006.82
Tax Lot7
Tax Year2025
Water Access Y/NNo
Water View Y/NNo
Year Built1948
Zoning10B2
Exterior for 801 CANAL STREET
Building Area Total2974
Foundation DetailsBlock, Concrete Perimeter, Slab
Lot Dimensions172 x 200
Lot Size Acres0.79
Lot Size Area34400
Number of Buildings3
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Jani Pino
Realtor®
SQFT • 2,574