801 CANAL STREET
New Smyrna Beach, FL, 32168 $ 995,000
Bedrooms5 Baths5.1 Sq 2,974 Monthly Estimate*
$ 6,126
for $995,000 with 5 bedrooms and 5 full baths, 1 half bath. This 2,974 square foot home was built in 1948 on a lot size of 0.79.
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!
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Connected Electricity Connected Public
Possession Close Of Escrow
Roof Shingle
Appliances Microwave Range Refrigerator
Zoning 10B2
Garage Spaces 2
Construction Materials Block
Year Built 1948
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Volusia
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name INWOOD SUB NEW SMYRNA BEACH
Facing Direction South
Garage Y/N true
Total Rooms 15
Full Baths 5
Status Active
Directions I-95 Exit 249 (SR-44) east toward New Smyrna Beach. Right on Myrtle Ave. Property on NW corner of Canal St & Myrtle Ave.
City NEW SMYRNA BEACH
Senior Community Y/N false
MLS Area 32168 - New Smyrna Beach
Lot Size Units Square Feet
Lot Size Square Feet 34400
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 7006.82
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/NS1088309
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 7
Legal Description LOTS 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
Minimum Lease 1-7 Days
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
DockY/N false
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InteriorInterior Amenities Ceiling Fan(s)
Flooring Other
Furnished Y/N Negotiable
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 1
Laundry Features Other
Total Bedrooms 5
Total Baths 6
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ExteriorExterior Amenities French Doors Other Private Yard
Water Source Public
Lot Size Area 34400
Foundation Details Block Concrete Perimeter Slab
Building Area Total 4500
Lot Dimensions 172 x 200
Lot Size Acres 0.79
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 2
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* Excluded FeaturesList ByBarsottelli Prime Real EstateBroker
ignaciobarsottelli@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,126
- Monthly Property Taxes
- $584
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in New Smyrna Beach, FL
Average List Price $1,036,255
Percent of Sale Price 4%
About New Smyrna Beach, FL 27,784 Population
22% Since 2002
$ 52,504 Median Income
55.1 Median Age
14% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/9/2026 | $995,000 | | Listed Price |