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$1,625,000
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Property Description & Video
205 Magnolia Street, New Smyrna Beach, FLVideo Tour of 205 Magnolia Street, New Smyrna Beach, FL.
Prime Commercial Office Building in the Heart of Downtown New Smyrna Beach. Unlock endless potential with this multi-purpose commercial office building located in the vibrant downtown district of New Smyrna Beach. Positioned just steps from Canal Street, this property sits in a high-visibility, high-foot-traffic area surrounded by thriving shops, restaurants, and parks. The flexible layout offers a variety of options for owner-users or investors, with potential to accommodate multiple tenants-ideal for medical offices, professional services, creative studios, or retail space. With ample on-site parking, a rare asset in the downtown core, convenience is key for both clients and employees. The location provides easy access to I-95 and I-4, ensuring smooth connectivity for business operations across Central Florida. Whether you're seeking a new headquarters, income-producing rental opportunities, or a strategic location in one of Florida's most desirable coastal markets, this property delivers unmatched value and versatility. Schedule your private tour today.
Full Property Details
Full Property Details for 205 Magnolia St
General
- Price: $1,625,000
- Taxes: $6,738 (2024)
- Status: Active
- Type: Office
- Source: MidFloridaRegionalMLS
- MLS ID: NS1085468
- Updated: 1/23/2026
- Added to Site: 176 day(s) ago
Location
- Area: 32168 - New Smyrna Beach
- County: Volusia
- Development Name: 32168 - New Smyrna Beach
- Subdivision: ANDREWS NEW SMYRNA
- Driving Directions: US1, East on Canal Street, Right on Magnolia Street, Building on Left
Community
- Community Name: 32168 - New Smyrna Beach
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Stucco, Wood Frame
- Roof: Shingle
- Square Feet: 6,042
- Sq. Ft. Source: Public Records
- Year Built: 1912
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 15,000
- Lot Size: 15000
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $6,738
- Tax Year: 2024
Disclosures and Reports
- Ownership: Partnership
- Special Conditions: None
- Legal Description: S 1/2 OF LOT 50 & LOT 51 & N 1/2 OF LOT 52 BLK 2 MB 2 PG 68 ANDREWS NEW SMYRNA PER OR 2584 PG 1844 PER OR 5913 PGS 1863-1864 & OR 6887 PG 3365 PER OR 6891 PG 3830
- Flood Zone Info: X
- APN: 744138020510
- Property ID: 744138020510
- Block/Lot/Section: 2
Listed by Century 21 Sundance Realty
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Schools
Schools serving 205 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 | 1.5 mi |
New Smyrna Beach High School 1015 10th Street, New Smyrna Beach, FL 32168 | 9-12 | 1.5 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 205 Magnolia St
Date
Details
Price
Change
Source
1/23/2026
Price Reduced
$1,625,000
-14.92%
MLS
8/07/2025
Listed
$1,910,000
—
MLS
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 205 Magnolia St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,087
5%
$383,225
2%
2024
$6,738
1%
$376,463
3%
2023
$6,651
5%
$366,300
9%
2021
$6,341
—
$335,898
-4%
2022
$6,318
—
$351,478
6%
2021
$6,341
3%
$332,048
6%
2019
$6,166
-2%
$313,522
-1%
2018
$6,307
5%
$315,136
8%
2017
$5,991
2%
$292,341
9%
2016
$5,855
5%
$268,602
8%
2015
$5,586
9%
$248,657
15%
2014
$5,111
6%
$216,171
8%
2013
$4,822
—
$200,016
—
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 205 Magnolia St
205 Magnolia Street, New Smyrna Beach, FL 32168 (MLS# NS1085468) is a Office property. 205 Magnolia Street is currently listed for $1,625,000 and was received on August 07, 2025. Want to learn more about 205 Magnolia Street? Do you have questions about finding other Office 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.

