204 Palmetto Street

New Smyrna Beach, FL 32168 (MLS # NS1088315)

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!!

Features

  • AIR

    Central Air

  • AIR CONDITIONING

    Yes

  • APPLIANCES

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

  • AREA

    32168 - New Smyrna Beach

  • BASEMENT

    Crawl Space

  • CONSTRUCTION

    Block, Cement Siding, Frame, Stucco

  • EXTERIOR

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

  • GARAGE

    Yes

  • HEAT

    Central, Other

  • INTERIOR

    High Ceilings, Stone Counters, Walk-In Closet(s)

  • LOT

    7841 sq ft

  • LOT DESCRIPTION

    Landscaped, Level, Near Golf Course, Paved, Private

  • LOT DIMENSIONS

    50x150

  • POOL

    Yes

  • POOL DESCRIPTION

    Gunite, In Ground, Salt Water, Tile, Private

  • SEWER

    Public Sewer

  • STORIES

    2

  • STYLE

    Historic

  • SUBDIVISION

    ANDREWS PROP

  • TAXES

    9082.87

  • UTILITIES

    Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected

  • VIEW

    Yes

  • VIEW DESCRIPTION

    City

  • WATER

    Public

Location

Resources

Details: (1171180179) | [1781075843]

Price $1,599,000
Status Active
Beds 5
Baths 7 Baths
Home size 3,080 sqft
Lot Size 7,841 sqft
Days on Market 9
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!!
Property Type(s): Single Family
Last Updated 6/1/2026 Tract ANDREWS PROP
Year Built 1916 Community 32168 - New Smyrna Beach
Garage Spaces 2.0 County Volusia

SCHOOLS

Elementary School Read Pattillo Elem
Jr. High School New Smyrna Beach Middl
High School New Smyrna Beach High

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
AREA 32168 - New Smyrna Beach
BASEMENT Crawl Space
CONSTRUCTION Block, Cement Siding, Frame, Stucco
EXTERIOR Balcony, Courtyard, Lighting, Private Entrance, Private Yard, Rain Gutters
GARAGE Yes
HEAT Central, Other
INTERIOR High Ceilings, Stone Counters, Walk-In Closet(s)
LOT 7841 sq ft
LOT DESCRIPTION Landscaped, Level, Near Golf Course, Paved, Private
LOT DIMENSIONS 50x150
POOL Yes
POOL DESCRIPTION Gunite, In Ground, Salt Water, Tile, Private
SEWER Public Sewer
STORIES 2
STYLE Historic
SUBDIVISION ANDREWS PROP
TAXES 9082.87
UTILITIES Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
VIEW Yes
VIEW DESCRIPTION City
WATER Public
Listing provided by Rachail Renick, EXIT REAL ESTATE PROPERTY SOL, 386-402-7909
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 6/10/26 12:17 AM PDT.

This IDX solution is (c) Diverse Solutions 2026.

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