208 MAGNOLIA ST, New Smyrna Beach, FL, 32168 | $1,299,000

Step into a piece of history with this unique 1934 historic building located at 208 Magnolia St. , New Smyrna Beach, FL. This versatile property is perfect for a variety of businesses, whether you're envisioning a charming wine bar, a deli, restaurant or a cozy martini bar. The building's MU zoning offers flexibility for your entrepreneurial dreams. The property retains its vintage charm with three old-fashioned gas pumps and metal canopied work areas, a nod to its past life. The gas tanks were removed in 2006, ensuring a safe and modern environment for your business. Inside, you'll find two incredible bathrooms complete with showers, adding convenience and comfort for staff and patrons alike. Situated just a block off the bustling Canal Street and mere steps from the serene Riverside Park, this location is ideal for attracting both locals and tourists. The proximity to The Hub on Canal, a vibrant community center for the arts, adds to the cultural allure of the area. Located one block of the famous Canal St which features a vast amount of restaurants, retail shops and community events, this property offers an ideal location for strong vehicle and pedestrian traffic. Nearby, you'll find a variety of businesses that complement the historic charm of the neighborhood, including local favorites like Yellow Dog Eats Kitchen & Bar and the New Smyrna Beach Brewing Company. This property offers not just a place of business, but a chance to be part of a thriving community. Don't miss the opportunity to make your mark in this historic gem! Buyer and their agents shall verify any information deemed important to them.

Features

  • Property Type: Mixed Use
  • Construction: Block, Stucco, Wood Frame
  • Utilities: Natural Gas Available, Public, Water Connected
  • Garage: 6 to 12 Spaces, Secured
  • Levels: 1
  • Cooling: Central Air, Mini-Split Unit(s)
  • Lot Size: 67 x 150
  • Year Built: 1934
  • Acreage: 0.22
  • Est. Taxes: $11,107
  • Lot Desc: Historic District
  • MLS#: NS1083731
  • Days on Market: 331 days
  • Website: https://www.raveis.com
    /prop/NS1083731/208magnoliast_newsmyrnabeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/15/2026 7:10:46 PM)
Listing courtesy of ENGEL & VOLKERS NEW SMYRNA   Phone: 386-213-6899

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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208 MAGNOLIA ST, New Smyrna Beach, FL, 32168

$1,299,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,039,200 $1,039,200 $1,039,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.241% 6.007% 5.952%
Monthly Tax Payment $926 $926 $926
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,900 $6,147 $8,630
Total Monthly Payment $6,951 $7,198 $9,681

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.