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Property Description
Offered to the market for the first time, this established New Smyrna Beach storage business and real estate portfolio represents an opportunity to acquire an operating business with more than 30 years of history serving the local community. The offering includes the 18,625 square foot storage building at 720 Magnolia Street and nine units within a 14 unit industrial complex on Live Oak Street. Each Live Oak Unit offers approximately 1800 square feet , with a 10' x 12' roll up door or the option to have one. The property is zoned light industrial ( see attached ) . Building and 9 Units are configured and operated as a storage facility totaling 329 individual storage spaces Together, these properties provide a combined acquisition opportunity for buyers seeking an established presence in the local self-storage market. The Magnolia building and all nine Live Oak units are offered as one package at $6,800,000. The seller may also consider selling the Live Oak units individually, subject to acceptable pricing and terms. With its longstanding business history and first-time market availability, this offering warrants consideration by storage operators, investors, and buyers seeking to expand their real estate and business holdings in the New Smyrna Beach area. 2026 Planned paid improvements include exterior paint , new roof, Hardie board gables and gutters on Live Oak St building. 2023 improvements include new roof, Hardie board gables, paint and gutters on Magnolia St building Climate controlled , new PDK keypads for 24 hr access on Live Oak units and new camera/security system in place on both buildings
Full Property Details
Full Property Details for 720 Magnolia St
General
- Price: $6,800,000
- HOA FEE: $125/month
- Taxes: $24,841 (2025)
- Status: Active
- Type: Warehouse
- Source: MidFloridaRegionalMLS
- MLS ID: NS1089486
- Updated: 10/14/2026
- Added to Site: 4 day(s) ago
Rental Information
- Complex Features: Bathrooms, Fencing, Outside Storage, Overhead Doors
Interior
- Flooring: Ceramic Tile, Concrete
Additional Information
- Security/Safety: Fire Sprinkler System, Security System Owned
Parking
- Parking Features: Lighted, Over 30 Spaces, Shared Parking
Location
- Area: 32168 - New Smyrna Beach
- County: Volusia
- Development Name: 32168 - New Smyrna Beach
- Subdivision: ANDREWS NEW SMYRNA
- Driving Directions: HWY 44 East to Live Oak Street, last light before crossing the south causeway bridge. Take a right 2 blocks to Smith Street. Live Oak property will be on the right. Continue on Smith to Magnolia , then right to AAA Storage Office and building @ 720 Magnolia Street.
- Direction Faces: East
Community
- Community Name: 32168 - New Smyrna Beach
- Assoc. Name: Gray Heustess
- Management Type: Owner Manager
- Mgmt. Company: Owner Manager
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block, Stucco
- Roof: Other, Shingle
- Ceiling Height: Varied
- Windows: Aluminum Frames
- Stories/Levels: One
- Square Feet: 34,717
- Sq. Ft. Source: Public Records
- Year Built: 1988
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.9
- Lot Size (Sq. Ft.): 39,060
- Lot Size: 39060
- Lot Dimensions: 248 x 160
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Condo Fee: $125
- Condo Fee Freq: Monthly
- Tax Amount: $24,841.7
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 131 132 & E 1/2 VAC ALLEY BLK 13 ANDREWS MB 2 PG 68 & LOT 279 EXC S 2 FT CAVEDO ADD MB 2 PG 168 INC ST ADJ AKA LOTS 1 & 2 BOND HOWELL MB 9 PG 257 & FEC RR R/W PER OR 4360 PGS 2466-2468
- Flood Zone Info: X500
- APN: 744138131310
- Property ID: 744138131310
- Block/Lot/Section: 13
Listed by Kincaid Realty
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Schools
Schools serving 720 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 | 0.6 mi |
New Smyrna Beach Middle School 1200 South Myrtle Avenue, New Smyrna Beach, FL 32168 | 6-8 | 1.1 mi |
New Smyrna Beach High School 1015 10th Street, New Smyrna Beach, FL 32168 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 720 Magnolia St
Date
Details
Price
Change
Source
10/14/2026
Listed
$6,800,000
—
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 720 Magnolia St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,842
-4%
$1,888,678
10%
2025
$25,908
12%
$1,724,011
7%
2024
$23,149
5%
$1,605,469
3%
2023
$22,016
33%
$1,560,413
84%
2021
$16,583
-13%
$848,710
-33%
2022
$19,102
15%
$1,260,547
54%
2021
$16,583
5%
$820,905
6%
2019
$15,771
-1%
$773,164
—
2018
$16,003
4%
$771,764
7%
2017
$15,442
1%
$719,956
8%
2016
$15,321
3%
$667,373
8%
2015
$14,854
7%
$620,642
10%
2014
$13,832
5%
$564,890
7%
2013
$13,137
—
$525,555
—
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 720 Magnolia St
720 Magnolia Street, New Smyrna Beach, FL 32168 (MLS# NS1089486) is a Warehouse property. 720 Magnolia Street is currently listed for $6,800,000 and was received on October 14, 2026. Want to learn more about 720 Magnolia Street? Do you have questions about finding other Warehouse 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.

