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$924,900 -$25,000 (-2.63%) Price Reduced
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Property Description
Unique opportunity in the heart of the Canal Street Historic District! This 6,753 sq ft, three-story mixed-use property offers the ultimate flexibility for investors, entrepreneurs, or creative visionaries. Zoned Mixed Use and located steps from New Smyrna Beach's vibrant dining, shopping, and arts scene, this property blends history, location, and income potential. The second floor features existing apartments ideal for short- or long-term rentals (check with the municipality for restrictions). The third floor offers versatile flex space - perfect for a private event venue, large residential loft, or an inspiring art studio framed by exposed brick and wooden beams. The first floor provides prime commercial frontage visible from Canal Street, with original wood floors and industrial-style charm that set the stage for retail, dining, or creative businesses. The included rear lot provides valuable additional space, ideal for a landscaped courtyard, parking, or future expansion. Enjoy a premier location just blocks from the Intracoastal Waterway, where waterfront parks, marinas, and boating activities are at your doorstep, and only a short drive to New Smyrna Beach's famous sandy shoreline. Currently mid-renovation, the property is ready for your finishing touches. Whether you choose to live and work from the same address, lease the residential units, rent all or part of the commercial space, or bring a fresh concept to life, this historic building is truly a blank canvas in one of Florida's most charming coastal districts.
Full Property Details
Full Property Details for 204 Magnolia St
General
- Price: $924,900
- Taxes: $18,281 (2024)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: V4944223
- Updated: 1/26/2026
- Added to Site: 169 day(s) ago
Location
- Area: 32168 - New Smyrna Beach
- County: Volusia
- Development Name: 32168 - New Smyrna Beach
- Subdivision: ANDREWS NEW SMYRNA
- Driving Directions: From Canal Street South on Magnolia
Community
- Community Name: 32168 - New Smyrna Beach
Heating & Cooling
- Cooling Type: Other
Structural Information
- # Buildings: 1
- Exterior Const.: Brick
- Stories/Levels: Three Or More
- Square Feet: 4,422
- Year Built: 1927
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,750
- Lot Size: 9750
- Frontage: City Street
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $18,281.32
- Tax Year: 2024
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: Real Estate Owned
- Legal Description: W 90 FT OF LOT 91 & N 35 FT OF LOT 92 BLK 9 ANDREWS NEW SMYRNA PER OR 5131 PG 2724-26 INC PER OR 7214 PG 1344 PER OR 7529 PG 2599 PER OR 8096 PG 2221 PER OR 8448 PG 2680
- Flood Zone Info: el5
- APN: 41173438090911
- Property ID: 41173438090911
- Block/Lot/Section: 9
Listed by Glory Intl. Real Estate Co
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Schools
Schools serving 204 Magnolia St
School District:Volusia County School District
| Name | Grades | Distance |
|---|---|---|
Read-Pattillo Elementary School 400 6th Street, New Smyrna Beach, FL 32168 | PK-5 | 0.9 mi |
New Smyrna Beach Middle School 1200 South Myrtle Avenue, New Smyrna Beach, FL 32168 | 6-8 | 1.4 mi |
New Smyrna Beach High School 1015 10th Street, New Smyrna Beach, FL 32168 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 204 Magnolia St
Date
Details
Price
Change
Source
1/26/2026
Price Reduced
$924,900
-2.63%
MLS
1/06/2026
Price Reduced
$949,900
-5%
MLS
11/18/2025
Price Reduced
$999,900
-4.76%
MLS
9/05/2025
Price Reduced
$1,049,900
-4.47%
MLS
8/10/2025
Listed
$1,099,000
-12.08%
MLS
8/08/2023
Sold
$1,250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 204 Magnolia St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,148
10%
$1,089,436
1%
2024
$18,281
8%
$1,076,223
3%
2023
$16,898
15%
$1,042,303
21%
2022
$14,750
116%
$863,171
107%
2021
$6,844
—
$416,770
1%
2021
$6,844
—
$411,016
2%
2019
$6,842
143%
$401,775
121%
2018
$2,818
3%
$181,463
5%
2017
$2,723
-4%
$172,328
2%
2016
$2,824
-3%
$168,784
1%
2015
$2,906
—
$167,611
1%
2014
$2,920
1%
$166,281
1%
2013
$2,905
—
$163,824
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 204 Magnolia St
204 Magnolia Street, New Smyrna Beach, FL 32168 (MLS# V4944223) is a Commercial property. 204 Magnolia Street is currently listed for $924,900 and was received on August 10, 2025. Want to learn more about 204 Magnolia Street? Do you have questions about finding other Commercial real estate for sale in New Smyrna Beach? You can browse all New Smyrna Beach real estate or contact a Coldwell Banker agent to request more information.

