Property Description

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.
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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Included Appliances

DishwasherDryerFreezerGas Water HeaterIce MakerMicrowaveRangeRefrigeratorTankless Water HeaterWasher

Property Details

Highlights

View

Yes

Interior

Additional Rooms

AtticGarage Apartment

Appliances

DishwasherDryerFreezerGas Water HeaterIce MakerMicrowaveRangeRefrigeratorTankless Water HeaterWasher

Bathrooms Total Decimal

6.5

Building Area Total

3800

Cooling

Central AirMini-Split Unit(s)

Floor Number

2

Flooring

ConcreteLuxury VinylPorcelain Tile

Furnished

Partially

Heating

CentralOther

Interior Features

Ceiling Fan(s)High CeilingsPrimaryBedroom UpstairsSolid Surface CountersStone CountersThermostatWalk-In Closet(s)Window Treatments

Laundry Features

Electric Dryer HookupLaundry Room

Living Area

3080

Rooms Total

9

Security Features

Smoke Detector(s)

Window Features

BlindsENERGY STAR Qualified Windows

Construction

Architectural Style

Historical

Building Area Source

Estimated

Building Area Units

Square Feet

Construction Materials

BlockCement SidingStuccoWood Frame

Direction Faces

East

Foundation Details

CrawlspaceSlab

Geolocation

NSB Mainland:N of 44 E 95

Levels

Two

Living Area Source

Estimated

Living Area Units

Square Feet

Num Timesper Year

365

Property Condition

Completed

Roof

MetalShingle

Year Built

1916

Site & Exterior

Covered Spaces

2

Exterior Features

BalconyCourtyardLightingPrivate EntrancePrivate YardRain GuttersSliding Doors

Fencing

FencedVinyl

Flood Zone Code

X

Garage Spaces

2

I D X Participation

Yes

Lot Features

Historic DistrictCity LotLandscapedLevelNear Golf CourseNear MarinaPrivateSidewalk

Lot Size Acres

0.18

Lot Size Area

7966

Lot Size Dimensions

50 x 150

Lot Size Square Feet

7966

Lot Size Units

Square Feet

Other Structures

Guest House

Patio And Porch Features

CoveredDeckFront PorchPorch

Pool Features

DeckGuniteIn GroundLightingPool AlarmSalt WaterTile

Public Survey Range

34E

Public Survey Section

41

Road Frontage Type

HighwayStreet Paved

Road Surface Type

PavedAsphalt

Sewer

Public Sewer

Total Acreage

0 to less than 1/4

Utilities

BB/HS Internet AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedStreet LightsUnderground UtilitiesWater Connected

Vegetation

Trees/Landscaped

View

City

Water Source

Public

Zoning

MULTI USE

Financials

Calculated List Price By Calculated Sq Ft

519.16

Contract Status Change Date

2026-06-01

Current Price

1599000

Feed Types

BBO

Lease Considered

Yes

Minimum Lease

1-7 Days

Owner Name

SABRA ALAINA & BENJAMIN FARAJALLAH

Ownership

Fee Simple

Parcel Number

744138212480

Public Survey Township

17S

Tax Annual Amount

9082.87

Tax Block

21

Tax Book Number

2/68

Tax Legal Description

LOT 248 BLK 21 ANDREWS NEW SMYRNA PER OR 5099 PG 0454 PER OR 5383 PG 0473 PER OR 5386 PG 2883 PER OR 7321 PG 0035 PER OR 7795 PG 3135 PER OR 8197 PG 4213

Tax Lot

248

Tax Year

2025

Neighborhood & Lifestyle

Community & Association

M L S Area Major

32168 - New Smyrna Beach

Subdivision Name

ANDREWS PROP

Schools

Ratings

Elementary

Read Pattillo Elem

Middle

New Smyrna Beach Middl

High

New Smyrna Beach High

Listing provided courtesy of STELLAR via IDX. Updated: Jun 2, 2026, 10:38am.

204 PALMETTO STREET

204 PALMETTO STREET

Property Description

Property Details

Highlights

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Rachail Renick

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204 PALMETTO STREET

204 PALMETTO STREET

Property Description

Property Details

Highlights

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Rachail Renick