Back to Search
Mixed-Use Opportunity Zone Property

585 WASHINGTON St New Smyrna Beach, FL 32168

585 WASHINGTON St, New Smyrna Beach, FL, 32168
$345,000
For Sale
Claim this Listing
$345,000

Duplex and vacant lot in a short-term rental zone.

Lot Size0.27 Acres
AddedMar 10
Days on Market128
Last RefreshJul 2 at 4:51 pm

Property Features for 585 WASHINGTON St

General Information

Standard status
Active
Lot size
0.27 Acres
Property subtype
Commercial

Building Details

Year Built
1937

Listing office BEACHSIDE REALTY OF VOLUSIA

Listing date Mar 10, 2026

Source Elliman

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 BEACHSIDE REALTY OF VOLUSIA


Investment Insights

Based on property information with market context.

This property, located in a designated Opportunity Zone, features a duplex and a vacant lot suitable for building additional units or up to six short-term rental suites. The existing duplex at 585 Washington Street has two separate entrances, electric meters, water meters, and natural gas meters. The front entrance leads to a framed-out layout with two bedrooms, a flex room, and two bathrooms. The entrance at 304 Sheldon provides access to a two-bedroom, one-bath unit. The mixed-use zoning allows for a first-floor business or a bed and breakfast, with potential parking waivers in the historic district overlay. The special parking district allows for half of the city's parking requirements. Building heights in the New Smyrna Beach Historic District can reach up to 72 feet. The property is across from the Babes James Community Recreational Center and Splash Pad Park, and within walking distance of Pettis Park Sport Center, which includes covered pavilions, restroom facilities, a multi-purpose field, a double skate bowl, fitness stations, and courts for basketball, pickleball, racquetball, and tennis, as well as a playground and the Mary S Harrell Heritage Museum. Washington Street connects the Historic Westside to the North Causeway of Coronado Island, leading to Flagler Avenue and the ocean ramp. Flagler Avenue offers events, nightlife, restaurants, and shops. A new Interstate 95 exit is planned to direct traffic through the Westside to Washington Street, the North Bridge, and Flagler Avenue Beach ramp.

Key Highlights

  • Short‑term rental zone with potential for up to six suites, offering significant income potential.
  • Opportunity Zone location provides potential tax benefits for capital gains after 7 years.
  • Mixed‑use zoning allows for a variety of business opportunities, including a first‑floor business or bed and breakfast.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Bakery Daycare Center Tech Support Center Florist (Bike/Boat/Book/etc) Store Auto Parts Store Tanning Salon (Bike/Boat/Book/etc) Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex and vacant lot in a short-term rental zone.
Where is this duplex located?
The property is located at 585 WASHINGTON St New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Short‑term rental zone with potential for up to six suites, offering significant income potential.; Opportunity Zone location provides potential tax benefits for capital gains after 7 years.; Mixed‑use zoning allows for a variety of business opportunities, including a first‑floor business or bed and breakfast.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message