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Listed price in listed location currency (USD).
$350,000

000

MLS® NS1089639

Overview

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 1673 sqft
Garage 
Taxes $3,127
Days Active 2
Lot Size 0.27 Acres
Approx. Age 1937
Avg. Price Per Sqft $209
MLS® Number NS1089639

Property Address: 585 Washington St, NEW SMYRNA BEACH, FL, 32168-6647

Average square foot calculated using Size range provided by listing agent.

Description

Commercial Investment Opportunity-585 Washington Street | New Smyrna Beach, Florida (Rear Unit: 304 Sheldon Street) Mixed-Use Duplex | Active Renovation | Short-Term & Long-Term Rental Potential Prime mixed-use property located in the heart of historic New Smyrna Beach with direct access to the Canal Street Business District and minutes to the Atlantic Ocean. Renovation is already underway, positioning this asset for strong income potential or owner-user cottage business, service, retail, or lodging use. Property Overview • Mixed-Use zoning • Existing duplex configuration with two separate electrical meters • Separate side-street entrance to the rear unit (304 Sheldon Street) • Substantial renovations already completed: New windows New exterior doors New subfloors and framing Hardi board siding New exterior paint New fence New porch deck Additional parking space • Special exception zoning potential for a stand-alone garage + apartment (up to 6 bedrooms) — subject to final approval by the City of New Smyrna Beach • Property is ready for full restoration with architectural plans available Zoning & Allowed Uses The property is zoned Mixed Use. Permitted opportunities include: • Up to five (5) long-term rental units, or • Up to six (6) transient lodging rooms • Short-term rentals / Airbnb • Cottage business, service, or retail use • Single-family residential conversion • Small business redevelopment Prohibited uses in this district: Package stores, nightclubs, and taverns. A small City easement exists at the northwest corner of Washington Street and Sheldon Street for sidewalk connection. Location Advantages • Direct access to the historic Canal Street Business District • Minutes to the ocean and Downtown Flagler Avenue • Improved regional access via the new I-95 exit ramp along Pioneer Trail to Enterprise to North Myrtle to Washington Street • Strong walkability and visibility in a desirable mixed-use corridor, golf cart accessible • Potential eligibility for CRA (Community Redevelopment Agency) funding — contact CRA Director / Economic Development for details Investment Highlights This is a rare opportunity to acquire a mixed-use duplex already under renovation in one of New Smyrna Beach’s most desirable historic and commercial corridors. Flexible zoning supports multiple income strategies including short-term rentals, long-term rentals, cottage business, or further redevelopment. The combination of completed exterior and structural improvements, dual addresses/entrances, and proximity to both downtown amenities and the beach creates significant upside for an investor or owner-operator. All zoning details, special exceptions, and final entitlements remain subject to confirmation and approval by the City of New Smyrna.
MLS® NumberNS1089639
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1937
Basement
Driveway
Garage Spaces
Heat
A/CCentral Air

Extras

Price History

Last Sold Price

$230,000$230K

Appreciation

+0.0%

Avg. Days Listed

335 days

Today, For Sale for $350,000

For Sale · 1 day

$350,000

MLS® NS1089639

A day ago

Not Sold Yet

November 2026, For Sale for $350,000

For Sale · 1 day

$350,000

MLS® NS1089639

A day ago

Not Sold Yet

June 2025, For Sale for $325,000

For Sale · 510 days

$325,000

MLS® NS1085147

A year ago

Not Sold Yet

March 2025, Sold for $230,000

Sold · 208 days

$230,000$324,000

MLS® NS1082423

2 years ago

Sold on Mar 19, 2025

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