For sale

204 Palmetto StNew Smyrna Beach, FL 32168

$1,499,000Price reduced $100,000
  • 6 beds
  • 7 baths
  • 3,080 sq ft
  • 0.18 acres
  • Built 1916

Listing courtesy of EXIT REAL ESTATE PROPERTY SOL · MLS# NS1088315

About this home

Beautifully restored historic two-story property located in the heart of highly sought after downtown New Smyrna Beach, Florida. This home is currently operating as a high income producing short-term rental with 5 years of proven reliable rental history and potential to easily increase earnings. This exceptional multi-use property features several layouts controlled by lockouts within the main home, offering endless flexibility for investors, business owners, or residential living. This home is a Multi Use Zoning!!
Step outside into your own private tropical oasis featuring a luxurious pool and relaxation area designed for entertaining and resort style enjoyment. The detached oversize garage includes an additional upstairs apartment that can function as a spacious two bedroom, two bath residence for additional income potential. In addition, the garage is already equipped with rough-in plumbing so it can be converted to additional living space but is currently being used as an oversized two car garage. Electric is also upgraded and ready for an EV charging station if desired. The entire property has been thoughtfully renovated, blending historic charm with modern upgrades and exceptional attention to detail throughout. Whether you are looking for a primary residence, an income producing property, multi-generational living, mixed use opportunity, or a combination of all 4, this rare downtown gem offers unlimited possibilities. Located in the heart of historic downtown just steps away from restaurants, shopping, entertainment, the intercoastal waterway, and under 2 miles to the beach; this spectacular property is truly one of a kind. You do not want to miss the opportunity to own this beautiful masterpiece in one of the most desired areas of New Smyrna Beach!!
No stone was left unturned in this Beauty!!

Virtual tour

Property typeSingle Family Residence
CommunityAndrews Prop
CountyVolusia
Year built1916
Garage2-car
PoolPrivate pool
ViewCity
HOANone
Taxes$9,083 (2025)
Days on market99
MLS #NS1088315

Interior

Ceiling Fans(s), High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments

Appliances

Dishwasher, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Tankless Water Heater, Washer

Flooring

Concrete, Luxury Vinyl, Tile

Exterior

Balcony, Courtyard, Lighting, Private Entrance, Private Yard, Rain Gutters

Community

Street Lights

Pool

Deck, Gunite, In Ground, Lighting, Pool Alarm, Salt Water, Tile

Heating & cooling

Central, Other / Central Air, Mini-Split Unit(s)

Construction

Block, Cement Siding, Stucco, Frame

Roof

Metal, Shingle

Estimate your monthly payment

Principal & interest

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  • Loan amount
  • Down payment
Talk to David about financing

Rate shown is Freddie Mac's average 30-year rate (October 15, 2026). Principal and interest only; taxes, insurance and any HOA are extra. Not a loan offer.

Location

Listing information is provided by Stellar MLS as distributed by MLS Grid, for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information submitted to the MLS GRID as of October 27, 2026 at 9:15 PM Eastern. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings shown with the listing brokerage.