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Active - House for sale

204 PALMETTO STREET, New Smyrna Beach, FL

6 bds|6 bth + 1 half|3,080 sqft

Facts & features

House Property type
167 days on Beycome
1916 Year built
$487 Price/Sqft.
2 car garage Parking
7,966 sqft Lot size

Why you’ll love it

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!!

Translating description...

Listings courtesy of EXIT REAL ESTATE PROPERTY SOL as distributed by MLS GRID.

Listed by: Rachail Renick • saltymissrachailrealtor@gmail.com • EXIT REAL ESTATE PROPERTY SOL

Co-listed by: EXIT REAL ESTATE PROPERTY SOL

Source: Stellar MLS as distributed by MLS GRID, MLS#: NS1088315 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 2:01 PM EST.

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Affordability

$975,000$2,025,000
1%20%
0%90%
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Estimated monthly payment

$8,337/mo

  • Mortgage$7,580
  • Property tax$757
  • HOA fee
  • Homeowners insurance
Due at closing$1,191,705
Down payment held in escrow$299,800
Closing costs$22,485
beycome credit Est.$29,980

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$29,980 Credit back

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About Andrews Prop

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$1,499,000 Listed price

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$29,980 Credit back

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