Commercial Lease · Business
205 MAGNOLIA STREET, NEW SMYRNA BEACH, FL, 32168
Active22 days on marketListed Jul 29, 2026MLS #NS1088844
About this property
The property at a glance
Prime Commercial Mixed Use Space in the Heart of Downtown New Smyrna Beach. Unlock endless potential with this multi-purpose commercial office building located in the vibrant downtown district of New Smyrna Beach. Positioned just steps from Canal Street, this property sits in a high-visibility, high-foot-traffic area surrounded by thriving shops, restaurants, and parks. The flexible layout offers a variety of options for a larger company (6,042 SF Total Business Area) but allows for the potential to accommodate multiple tenants (1,800 SF+). Ideal for professional services, creative studios and other mixed uses. With ample on-site parking, a rare asset in the downtown core, convenience is key for both clients and employees. Whether you're seeking a new headquarters, a first physical location, or to strategically place your business in New Smyrna Beach, this property delivers.
6,042
Building sq ft
$22
Price / sq ft
0.34
Lot acres
1912
Year built
2
Buildings
MU
Zoning
Business
Property type
The numbers
Investment snapshot
Pass Throughs
Lease structure
24 Months
Lease term
Estimated payment (illustrative)
Estimated payment
$1,321/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask John to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
557
Population
$13,478
Median income
65
Median age
1
Avg household
$288,298
Median home value
$1,545/mo
Median rent
11%
Households w/ kids
Consumer profile
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.
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.
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.
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.
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.
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.
Recent sales
What actually sold near 205 MAGNOLIA STREET
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$781,500
2153 STATE ROAD 44
3,430 sqft · $228/sqft · Sold Jul 31, 2025
$1,518,000
245 N CAUSEWAY
3,133 sqft · $485/sqft · Sold Feb 25, 2025
$1,550,000
1650 S ATLANTIC AVENUE
2,606 sqft · $595/sqft · Sold Oct 16, 2025
Your team
The pros in your corner
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, offers, and every question about 205 MAGNOLIA STREET — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 205 MAGNOLIA STREET.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked.
Listing courtesy of WHITE WHALE REAL ESTATE · Timothy Loomis. MLS #NS1088844.
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 NEW SMYRNA BEACH listings, in your inbox
A daily digest of every new listing in NEW SMYRNA BEACH — straight from the MLS, hours after it goes live. Unsubscribe anytime.