407 Magnolia Street
NEW SMYRNA BEACH, FL 32168
4
Bed
3
Bath
2,824Sqft
0.17Acre(Lot)
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 contin
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 4Bathroom Information
Total Baths: 3 Full Baths: 3Interior Features
Living Room/Dining Room Combo, Primary Bedroom Main Floor Roof: Shingle Appliances: Dishwasher, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Refrigerator, Washer Laundry Features: Common Area, InsideRoofing Information
Shingle -
Flooring Information
Flooring: Tile, Wood Construction Materials: Frame -
Heating & Cooling
Heating: Central, Electric Cooling: Central Air WaterSource: Public
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Building Information
Year Built: 1913 -
Exterior Features
Courtyard, Private Mailbox, Sidewalk Construction Materials: Frame Foundation Details: Crawlspace Road Responsibility: Public Maintained Road
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Lot Information
Lot Dimensions: 50 x 150 Lot Description: Historic District, City Limits, Landscaped, Near Marina, Sidewalk Lot Square Feet: 7500 Lot Acres: 0.17 Lot Size (SqMt): 697Property Information
Property Type: Residential Sub Type: Single Family Residence Style: Cottage
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Listing Price Information
Original List Price:$739900
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Tax Information
Tax Block: 4 Tax Book Number: 1/128 Tax Lot: 63 Tax Legal Description: 41-17-34 S 3/4 OF LOT 63 & N 11.75 FT OF LOT 64 BLK 4 ANDREW S PROPERTY NEW SMYRNA MB 1 PG 128 MB 2 PG 68 MB 12 PG 183 MB 17 PG 79 PER OR 3136 PG 0896 PER OR 8070 PG 2163 PER OR 832 Annual Tax: $4590 Tax Year: 2025 Parcel Number: 744138040630
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Virtual Tour
Parking Information
Curb Parking, Driveway, Off Street
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School Information
Elementary School: Read Pattillo Elem Junior High School: New Smyrna Beach Middl Senior High School: New Smyrna Beach High -
Utility Information
Cable Connected, Electricity Connected, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public -
Location Information
Subdivision: ANDREWS City: NEW SMYRNA BEACH Direction: From US head E on Canal Street to Magnolia, turn right head S to 407 on the left just pass the overpass
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Undisclosed Address, New Smyrna Beach, FL, 32168 | $439,000 | 4 | 3 | 2,702 | 2,702 SqFt |
| 1703 S Riverside Drive, New Smyrna Beach, FL, 32168 | $2,995,000 | 5 | 4 | 2,993 | 2,993 SqFt |
| 107 Donlon Drive, New Smyrna Beach, FL, 32168 | $6,498,000 | 5 | 7 | 8,138 | 8,138 SqFt |
| 107 Donlon Drive, New Smyrna Beach, FL, 32168 | $6,498,000 | 5 | 7 | 8,138 | 8,138 SqFt |
| 1511 S Riverside Drive, New Smyrna Beach, FL, 32168 | $6,895,000 | 5 | 7 | 8,277 | 8,277 SqFt |
| 1511 S Riverside Drive, New Smyrna Beach, FL, 32168 | $6,895,000 | 5 | 7 | 8,277 | 8,277 SqFt |
| 1508 S Riverside Drive, New Smyrna Beach, FL, 32168 | $1,075,000 | 3 | 3 | 2,556 | 2,556 SqFt |
| 1508 S Riverside Drive, New Smyrna Beach, FL, 32168 | $1,075,000 | 3 | 3 | 2,556 | 2,556 SqFt |
| 1215 Commodore Drive, New Smyrna Beach, FL, 32168 | $4,200,000 | 4 | 4 | 4,213 | 4,213 SqFt |
| 1214 Commodore Drive, New Smyrna Beach, FL, 32168 | $5,499,000 | 4 | 4 | 4,226 | 4,226 SqFt |
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ByOwner last updated this listing 08/05/2026 @ 06:20
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