Historic Harris House For
For Sale
$1,125,000
214 S RIVERSIDE DRIVE, New Smyrna Beach, FL 32168
Historic property in downtown New Smyrna Beach with endless possibilities.
Property Size3,060 SF
Lot Size0.30 Acres
Price / SF$367.65
Days on Market554
Property Features for 214 S RIVERSIDE DRIVE
General Information
Standard status
Active
Size
3,060 SF
Lot size
0.30 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1958
Listing Agency:
NSB HOMES LLC
(386) 427-0439
Listed By:
Donna Concannon · License #571122
(386) 427-0439
Source:
Exitrealty
Added: Jan 24, 2025
Changed: Jul 10
Last Checked: Aug 1 at 9:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NSB HOMES LLC
Investment Insights
Based on property information with market context.
The Historic Harris House, situated in the heart of the revitalized downtown area of New Smyrna Beach, is available for sale. This two-story residence, with a rich history, has been lovingly restored. The property features 5 bedrooms, 1.5 bathrooms, and over 3,700 square feet of living space. Located across from the river and Riverside Park, the property offers views and possibilities for its next owner. The Harris House is suited for various uses, including a single-family home, bed and breakfast, an arts district hub, mixed-use development, or short-term rental property. The property includes hardwood floors, a fireplace, and a spacious open floor plan. The kitchen, formal dining area, and living spaces offer room for gatherings and entertainment, while the expansive layout provides flexibility for various configurations. The property size is 3,060 square feet.
Key Highlights
- Prime location in the revitalized downtown New Smyrna Beach, across from the river and Riverside Park, offering breathtaking views.
- Versatile zoning allows for single family home, bed and breakfast, arts district hub, mixed‑use development, or short term rental property.
- Historically significant property, the iconic Harris House, offered for sale for the first time in over 30 years.
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 | $66.1k | $21.60 |
| − Vacancy | −$5.6k | −$1.84 |
| EGI | $60.5k | $19.76 |
| − OpEx | −$22.7k | −$7.41 |
| NOI | $37.8k | $12.35 |
3,060 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$540.0K
$472.5K – $630.0K
NOI $37,799 @ 7.0% cap · market cap 3.36%
Second Best
Hotel Hospitality
$157.0K
$137.4K – $183.1K
NOI $10,988 @ 7.0% cap · market cap 0.98%
Theoretical Best
Office A
$902.3K
$789.5K – $1.05M
NOI $63,158 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,437
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32168, FL
30,058
Population
16,439
Households
1.8
Avg Household Size
54
Median Age
31%
College-Educated
93%
High-School Grad
153.9 sq mi
ZIP Area
195
Density / Sq Mi
$72,967
Median Household Income
$41,076
Median Earnings
$1,608
Median Rent
$310,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Anchor Inn Bed & Breakfast — 312 Washington St, New Smyrna Beach, FL 32168
- New Smyrna Beach Inn — 318 palmetto st a, new smyrna beach, fl 32168
- Black Dolphin Inn — 916 S Riverside Dr, New Smyrna Beach, FL 32168
- Venetian Lake Ciecle — 2909 west Venetian Lake Circle, New Smyrna Beach, FL 32168, United States
- tommy — 2810 sienna view terrace, new smyrna beach, fl 32168
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Historic property in downtown New Smyrna Beach with endless possibilities.
Where is this bed & breakfast located?
The property is located at 214 S RIVERSIDE DRIVE New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Prime location in the revitalized downtown New Smyrna Beach, across from the river and Riverside Park, offering breathtaking views.; Versatile zoning allows for single family home, bed and breakfast, arts district hub, mixed‑use development, or short term rental property.; Historically significant property, the iconic Harris House, offered for sale for the first time in over 30 years.
