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801 Canal St, New Smyrna Beach, FL, 32168

5beds
6baths
2,574sqft
$995,000
$387price/sqft
$7,322/moest. monthly cost
$292,880/yrincome needed

About This Home

OWNER FINANCING AVAILABLE - MUST SELL! Exceptional residential home 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. 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!

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

8/10
5/10
5/10
New Smyrna Beach High SchoolGrades PK,9-121.3 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1948

Materials

  • Foundation: Block,Brick/Mortar,Concrete Perimeter,Other
  • Roof: Metal,Shingle
  • Construction materials: Block,Brick,Concrete,Metal Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage,Ranch
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Other,Washer,Refrigerator,Microwave,Gas Range,Gas Cooktop,Dryer,Disposal,Dishwasher
  • Laundry features: In Unit

Bedroom1

  • Level: First
  • Area: 180
  • Dimensions: 15.00 x 12.00

Bedroom2

  • Level: First
  • Area: 108
  • Dimensions: 9.00 x 12.00

Bedroom3

  • Level: First
  • Area: 144
  • Dimensions: 12.00 x 12.00

Bedroom4

  • Level: First
  • Area: 187
  • Dimensions: 17.00 x 11.00

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Area: 256
  • Dimensions: 16.00 x 16.00

Features

  • Breakfast Bar,Ceiling Fan(s),Kitchen Island,Open Floorplan,Primary Bathroom - Shower No Tub,Split Bedrooms,Walk-In Closet(s)
  • Flooring: Tile,Other
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,942
  • Total interior livable area: 2,574 sqft

Kitchen

  • Level: First
  • Area: 272
  • Dimensions: 16.00 x 17.00

Living Room

  • Level: First
  • Area: 224
  • Dimensions: 16.00 x 14.00

Master Bedroom

  • Level: First
  • Area: 168
  • Dimensions: 12.00 x 14.00

Property

Details

  • Parcel number: 741808330090

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio,Porch

Lot

  • Lot size: 0.78 Acres
  • Features: Historic Area
  • Lot size dimensions: 172.0 ft x 200.0 ft

Parking

  • Total spaces: 2
  • Parking features: Carport,Other
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Wildfire
Tsunami

FEMA Declared Disasters in Volusia County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,031$60,372
Home Insurance *$688$8,256
Property Taxes $1,344$16,128
Electricity $259$3,108
Total$7,322$87,864
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$251,040/yr
40% on housing$219,660/yr
45% on housing$195,253/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.9%
14.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$387This listing

vs Other Active Listings

Avg $/sqft

ZIP 32168$231
Volusia County$191

vs Homes Sold Last Month

Median $/sqft

ZIP 32168$217
Volusia County$198

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listed for sale$995,000
2026-07-23Contingent$995,000
2026-06-09Listed for sale$995,000
2025-11-17Listing removed$1,095,000
2025-06-20Price change$1,095,000
2025-04-25Price change$1,195,000
2025-04-04Listed for sale$1,495,000
2021-04-30Sold$497,400
2021-04-13Contingent$535,000
2021-02-17Listed for sale$535,000
2021-02-16Contingent$535,000
2021-01-06Listed for sale$550,000
2018-06-15Sold$375,000
2013-01-07Sold$100,000

For Sale by Agent

AgentIgnacio Barsottelli
BrokerageBarsottelli Prime Real Estate

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