Neighborhood · New Smyrna Beach, Florida
Canal Downtown
Waterway living steps from the historic core
10
Homes for sale
$1,019,950
Median list price
$431
Avg price / sqft
93
Median days on market
Canal Downtown puts you where New Smyrna Beach actually lives — a short stroll or golf-cart ride from the shops and restaurants of the historic district, with quiet canal-side streets and easy water access. The neighborhood sits comfortably between the mainland's downtown energy and the beachside communities like Coronado Beach and Central Beach, so you get walkable town life without giving up the water. It's the kind of place where a canal-front lot and a 65-minute drive to downtown Orlando both feel normal.
For buyers, the market here reads as two stories at once: a small, high-end active pool and a more grounded sold record. There are just 10 homes on the market with a median list price around $1,019,950, and half of those are asking $1M or more, including two waterfront properties. But the 21 homes sold over the past year closed at a median of $475,000, which tells you what actually trades versus what's currently listed — worth studying on the live map before you set expectations.
Canal Downtown is a community in New Smyrna Beach, Florida.
Quick facts
$399,000 – $2.0M price range
2,887 sqft median home
$145/mo median HOA
20 sold in 12 months
Drive times
On the market now
Homes for sale in Canal Downtown
$1,749,000
309 JULIA STREET, NEW SMYRNA BEACH
4 bd · 3.5 ba · 2,950 sqft
$1,990,000
136 JULIA STREET, NEW SMYRNA BEACH
2 bd · 4.5 ba · 4,104 sqft
$399,000
312 HILLMAN STREET, NEW SMYRNA BEACH
2 bd · 1 ba · 702 sqft
$739,900
407 MAGNOLIA STREET, NEW SMYRNA BEACH
4 bd · 3 ba · 2,824 sqft
$440,000$475,000
101 N RIVERSIDE DRIVE UNIT 2020, NEW SMYRNA BEACH
2 bd · 2 ba · 1,000 sqft
$399,000$402,700
309 RUSH STREET, NEW SMYRNA BEACH
5 bd · 3 ba · 2,381 sqft
$450,000
101 N RIVERSIDE DRIVE UNIT 4120, NEW SMYRNA BEACH
2 bd · 1.5 ba · 1,000 sqft
$1,499,000$1,599,000
204 PALMETTO STREET, NEW SMYRNA BEACH
6 bd · 6.5 ba · 3,080 sqft
$1,300,000$1,385,000
301 LIVE OAK STREET, NEW SMYRNA BEACH
4 bd · 2.5 ba · 3,448 sqft
$1,590,000
119 FAULKNER STREET, NEW SMYRNA BEACH
3 bd · 3.5 ba · 3,300 sqft
Every active listing inside the Canal Downtown boundary
Open full map search →Find your fit
Browse Canal Downtown
By feature — on the live map
Where the market lives
The numbers that matter
The Canal Downtown market
20
Sold, last 12 months
$462,500
Median sold price
91%
Sale-to-list ratio
What sellers actually get vs asking
109 days
Median time to sell
Canal Downtown vs New Smyrna Beach
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 12.2% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Canal Downtown boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Canal Downtown is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Canal Downtown home
≈ $6,254/mo
$1,019,950 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$145/mo
Median HOA
From current listings inside the boundary
Population
557
Median age
65
Median income
$13,478
Median home value
$288,298
Beyond the listings
Living in Canal Downtown
Appearance oriented
Top 9% in the U.S.Trend Trackers
This population lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.
Pieces of History
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Food & Drink
Top 12% in the U.S.Hops & Brews
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
Hobbies & Interests
Top 13% in the U.S.Handcrafted
The only thing more beautiful than handmade decor? The hands that made it. This population appreciates the time and care put into one-of-a-kind pieces.
Entertainment
Top 14% in the U.S.Party Life
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Entertainment
Top 16% in the U.S.Lighthearted Fun
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Straight answers
Canal Downtown FAQs
Is Canal Downtown a good place to live?+
It's a strong fit if you want walkable proximity to New Smyrna Beach's historic downtown alongside quiet, water-oriented streets. You're close to beachside neighborhoods like North Village and still within about 65 minutes of downtown Orlando. The scale is intimate — a small neighborhood rather than a sprawling subdivision.
Is Canal Downtown expensive?+
The active listings skew high, with a median list price near $1,019,950 and five of the ten homes priced at $1M or more. That said, the median sold price over the last 12 months was $475,000, so what actually closes is considerably more accessible than the current asking prices suggest. Average price per square foot runs about $435.
What do homes cost in Canal Downtown?+
Active listings range from $399,000 to $1,990,000, with a median around $1,019,950 and a typical home size of about 2,887 square feet. Actual sales tell a more grounded story: 21 homes sold in the past year at a median of $475,000. Comparing listings to closings on the live map is the best way to gauge value.
How is the market in Canal Downtown right now?+
It's a small, measured market — 10 active listings and a median 46 days on market. Sellers are averaging 92% of their asking price on closed sales, which signals room for negotiation, especially on the higher-priced homes. With only 21 sales in the past year, individual comps carry real weight.
What about HOA fees and property taxes?+
The median HOA here runs about $145 per month, which is modest for a Florida coastal community. Median property taxes come in around $6,295 per year, in line with the neighborhood's price points. Always confirm the exact figures for a specific home, since they vary by lot and assessed value.
Keep exploring
More New Smyrna Beach neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Canal Downtown homes, in your inbox
A daily digest of new New Smyrna Beach listings — straight from the MLS. Unsubscribe anytime.