407 Magnolia Street, New Smyrna Beach, FL 32168

New Smyrna Beach
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
407 Magnolia Street,New Smyrna Beach, FL 32168
$739,900
Virtual Tour
  • 4 Beds
  • 3 Baths
  • 2,824 sq. ft.
  • Single family
  • Active
Listed by: bryan disbrow
Office: collado real estate
MLS#:NS1088689
Source:MFRMLS

Price summary

  • Price:$739,900
  • Price per sq. ft.:$241.48

About this home

Turn-Key 1031 Exchange Opportunity in Historic Downtown New Smyrna Beach! Or perhaps you're looking for a charming downtown residence with an income-producing cottage? Rare opportunity to acquire a fully leased multifamily property located in the highly desirable B&B District of Historic Downtown New Smyrna Beach, also within the Historic and Arts Overlay Districts. Whether you're seeking a turn-key investment, a 1031 Exchange property, or a future owner-occupied residence with rental income, this unique property offers exceptional flexibility and long-term value. Ideally situated just a short walk from Canal Street's popular shops, restaurants, art galleries, breweries, and year-round entertainment, this property offers the walkable downtown lifestyle that tenants love and that continues to drive strong rental demand. The property features a charming two-story main residence with two separate apartments, plus a detached cottage: Lower Unit: Spacious 2-bedroom, 1-bath apartment...

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Home facts

  • Year built:1913
  • Subdivision & Development:ANDREWS
  • Listing ID #:NS1088689
  • Added:1 day(s) ago
  • Updated:July 31, 2026 at 09:33 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Tile, Wood
  • Dining Description:Living Room/Dining Room Combo
  • Kitchen Description:Dishwasher, Microwave, Refrigerator
  • Bedroom Description:Primary Bedroom Main Floor
  • Basement Description:Crawlspace
  • Living area:2,824 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1913
  • Building area:2,824 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Landscaped, Near Marina, Sidewalk
  • Architectural Style:Cottage
  • Construction Materials:Frame
  • Exterior Features:Courtyard, Front Porch, Private Mailbox, Screened, Sidewalk
  • Levels:Multi/Split Story

Schools

  • High school:New Smyrna Beach High
  • Middle school:New Smyrna Beach Middl
  • Elementary school:Read Pattillo Elem

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$739,900
  • Price per sq. ft.:$241.48
  • Tax amount:$4,590 (2025)

Features and amenities

  • Appliances:Dishwasher, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, In Common Area, Inside, Washer
  • Amenities:Cable Connected, Living Room/Dining Room Combo, Primary Bedroom Main Floor
  • Pool features:Public Pool

Parking

  • Parking description:Curb Parking, Driveway, Off Street
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