Remodeled Mixed-Use Investment
801 Canal Street New Smyrna Beach, FL 32168
For Sale
$995,000
COMMERCIAL - New Smyrna Beach, FL
Property Size2,942 SF
Lot Size0.78 Acres
Price / SF$338.21
Days on Market50
Property Features for 801 Canal Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 1, Bathroom 4, Bathroom 3
- Standard status
- Active
- APN
- 7418-08-33-0090
- Size
- 2,942 SF
- Lot size
- 0.78 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax 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
- Tax Annual Amount
- 7007
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1948
- Flooring type
- Tile
- Building materials
- Block, Brick, Concrete, Metal Siding
- Roof type
- Metal, Shingle
Listing Agency:
Barsottelli Prime Real Estate
(386) 732-9212
Listed By:
Ignacio Barsottelli · License #269505057
(386) 732-9212
Added: Jun 6
Changed: Jul 24
Last Checked: Jul 25 at 3:06PM
MLS# 1227364
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This remodeled mixed-use property is offered with independent units designed for flexible use. The turnkey setup includes high-end finishes and a layout that supports multiple private-use areas, making it suitable for a variety of concepts such as hospitality, office, wellness, retail, or income-producing operations. The property is currently generating over $130,000 annually in short-term rental income, with turnkey functionality throughout.
The property is situated on approximately 0.78 acres at 801 Canal Street, New Smyrna Beach, positioned between US-1 and the Intracoastal Waterway. It is described as being located just moments from Historic Canal Street, Flagler Avenue, and Riverside Drive, with access to shopping, dining, marinas, and the beach. Visibility, accessibility, and tourism exposure are highlighted in the marketing.
With a total size of 2,942 square feet, the property offers a flexible investment or redevelopment platform for buyers seeking a mixed-use configuration supported by existing income.
The property is situated on approximately 0.78 acres at 801 Canal Street, New Smyrna Beach, positioned between US-1 and the Intracoastal Waterway. It is described as being located just moments from Historic Canal Street, Flagler Avenue, and Riverside Drive, with access to shopping, dining, marinas, and the beach. Visibility, accessibility, and tourism exposure are highlighted in the marketing.
With a total size of 2,942 square feet, the property offers a flexible investment or redevelopment platform for buyers seeking a mixed-use configuration supported by existing income.
Key Highlights
- Mixed‑use property on approximately 0.79 acres between US‑1 and the Intracoastal Waterway
- Owner financing available (must sell)
- Completely remodeled; high‑end finishes with tile flooring
Financial Insights For Office B
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 | $63.5k | $21.60 |
| − Vacancy | −$4.8k | −$1.62 |
| EGI | $58.8k | $19.98 |
| − OpEx | −$14.7k | −$5.00 |
| NOI | $44.1k | $14.99 |
2,942 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$629.8K
$551.1K – $734.8K
NOI $44,086 @ 7.0% cap · market cap 4.43%
Second Best
Hotel Hospitality
$150.9K
$132.1K – $176.1K
NOI $10,565 @ 7.0% cap · market cap 1.06%
Theoretical Best
Office A
$867.5K
$759.0K – $1.01M
NOI $60,723 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bed & breakfasts
Similar Off Market Nearby
- 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
- | Train House — 412 Old Mission Rd, 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
FAQs
What type of property is this?
Bed & breakfast - Remodeled mixed-use property with independent units and established short-term rental income in a turnkey condition.
Where is this bed & breakfast located?
The property is located at 801 Canal Street New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Mixed‑use property on approximately 0.79 acres between US‑1 and the Intracoastal Waterway; Owner financing available (must sell); Completely remodeled; high‑end finishes with tile flooring
