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205 Magnolia Street, New Smyrna Beach, FL 32168

$1,300,000
Property Type: Commercial Sale Square Footage: 6,102 Lot Size (sq. ft.): 14,810 Status: Closed
Current Price: $1,300,000 List Date: 8/07/2025 Last Modified: 5/07/2026

Overview

Description

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

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Listing Details MLS# 1216528

General Property Information

Building Area Total
6102
Building Area Source
Public Records
Year Built
1912
Lot Size Acres
0.34
Water Body Access YN
No
Waterfront YN
No
Directions
US1, East on Canal Street, Right on Magnolia Street, Building on Left
Public Remarks
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
List Price/SqFt
266.31
Sold Price/SqFt
213.04

Property Features

Building Features: Lobby; Meeting Room; Office Construction Materials: Frame; Stucco Cooling: Central Air Current Use: Office Heating: Central Listing Terms: Cash; Conventional; Owner May Carry Lock Box Type: Supra Lot Features: Other Parking Features: Guest; On Street; Parking Lot Possession: Close Of Escrow Road Frontage Type: City Street Roof: Shingle Sale Includes: Building & Land Sewer: Public Sewer Water Source: Public Contingency Reason: Inspection

Contract Information

Listing Contract Date
2025-08-07
Property Sub Type
Office

Location Tax and Legal

Street Number
205
Street Name
Magnolia
Street Suffix
Street
County
Volusia
State
FL
Postal Code
32168
MLS Area Major
70 - New Smyrna Beach E of 95

Status Change Information

Major Change Timestamp
2026-05-07T14:44:25Z
Major Change Type
Status Change
Price Change Timestamp
2026-01-23T21:29:20Z
Contingent Date
2026-03-16
Purchase Contract Date
2026-03-15
Close Date
2026-05-07
Close Price
1300000

Location, Tax, and Legal

Country
US
Parcel Number
7441-38-02-0510
Tax Annual Amount
6738.03
Tax Year
2024
Tax 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

More Information

Currently Not Used

Year Built
1912

Lock Box Type

Supra
Yes

Construction Materials

Frame
Yes
Stucco
Yes

Cooling

Central Air
Yes

Current Use

Office
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner May Carry
Yes

Lot Features

Other
Yes

Parking Features

Guest
Yes
On Street
Yes
Parking Lot
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Building Features

Lobby
Yes
Meeting Room
Yes
Office
Yes

Location

City
Yes

Sale Includes

Building & Land
Yes

Contingency Reason

Inspection
Yes
Listing Office: CENTURY 21 Sundance Realty
Last Updated: May - 07 - 2026
Information deemed reliable but not guaranteed.

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