204 MAGNOLIA STREET, New Smyrna Beach, FL 32168
Mixed Use - NEW SMYRNA BEACH, FL
- Added:
- Aug 7, 2025
- Days on Market:
- 320
- Last Refresh:
- Jun 22 at 4:06 pm
Property Features for 204 MAGNOLIA STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Zoning
- 10B1
- Standard status
- Active
- APN
- 41-17-34-38-09-0911
- Size
- 4,422 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 18281.32
Building Details
- Year built
- 1927
- Building materials
- Brick
- Architectural style
- Other
Listing agent Jennifer Clark License #0682665 (386) 717-7100
Listing office GLORY INTL. REAL ESTATE CO 347 N Volusia Avenue, orange city, FL (386) 717-7100
Listing date Aug 7, 2025
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location in the heart of the Canal Street Historic District, steps from dining, shopping, and arts.
- Mixed‑use zoning offers flexibility for commercial, residential, or creative ventures.
- Substantial 6,753 sq ft, three‑story building with income potential from existing apartments.
- Versatile third‑floor flex space suitable for event venue, loft, or studio with exposed brick and wooden beams.
- Includes a rear lot for courtyard, parking, or expansion.
- Historic building with original wood floors and industrial‑style charm, ready for finishing touches.
Overview
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.5k | $21.60 |
| − Vacancy | −$8.1k | −$1.84 |
| EGI | $87.4k | $19.76 |
| − OpEx | −$32.8k | −$7.41 |
| NOI | $54.6k | $12.35 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Smyrna Beach
- County
- Volusia
- State
- Florida
- Longitude
- -80.922045
- Latitude
- 29.023979