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Property for sale at 204 PALMETTO STREET, NEW SMYRNA BEACH, FL, 32168
Property for sale at 204 PALMETTO STREET, NEW SMYRNA BEACH, FL, 32168
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204 Palmetto StreetNew Smyrna Beach, FL, 32168

6beds
7baths
3,080sqft
Single Family Residence
Built in 1916
$1,499,000
For sale
$1,599,000−$100,000 (6%)Reduced Sep 1, 2026
Price per sqft
$487
Days on market
143
Listed
Jun 1
MLS #NS1088315Updated Sep 14, 2026

About this property

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!!

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Property details

Property type
Single Family Residence
Street address
204 Palmetto Street
City
New Smyrna Beach
State
FL
ZIP code
32168
Year built
1916
New construction
No
Attached property
No
Faces
East
Rooms
9
Living area
3,080 sqft
Total building area
3,800 sqft
Levels
Two

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $100,000 (6.3%) since first listed.

EventPrice
Price reducedMLS #NS1088315$1,499,000Change: −6.3%−$100,000
Listed for saleMLS #NS1088315$1,599,000
History may be incomplete.
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Location

Property for sale at 204 PALMETTO STREET, NEW SMYRNA BEACH, FL, 32168
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