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Active - House for sale

720 MAGNOLIA STREET, New Smyrna Beach, FL

34,717 sqft

Facts & features

House Property type
33 days on Beycome
1988 Year built
$196 Price/Sqft.
39,060 sqft Lot size

Why you’ll love it

Offered to the market for the first time, this established New Smyrna Beach storage business and real estate portfolio represents an opportunity to acquire an operating business with more than 30 years of history serving the local community. The offering includes the 18,625 square foot storage building at 720 Magnolia Street and nine units within a 14 unit industrial complex on Live Oak Street. Each Live Oak Unit offers approximately 1800 square feet , with a 10' x 12' roll up door or the option to have one. The property is zoned light industrial. Building and 9 Units are configured and operated as a storage facility totaling 329 individual storage spaces Together, these properties provide a combined acquisition opportunity for buyers seeking an established presence in the local self-storage market. The Magnolia building and all nine Live Oak units are offered as one package at $6,800,000. The seller may also consider selling the Live Oak units individually, subject to acceptable pricing and terms. With its longstanding business history and first-time market availability, this offering warrants consideration by storage operators, investors, and buyers seeking to expand their real estate and business holdings in the New Smyrna Beach area. 2026 Planned paid improvements include exterior paint , new roof, Hardie board gables and gutters on Live Oak St building. 2023 improvements include new roof, Hardie board gables, paint and gutters on Magnolia St building Climate controlled , new PDK keypads for 24 hr access on Live Oak units and new camera/security system in place on both buildings

Translating description...

Listings courtesy of KINCAID REALTY as distributed by MLS GRID.

Listed by: Regina Heustess • ReginaNSB@gmail.com • KINCAID REALTY

Co-listed by: KINCAID REALTY

Source: Stellar MLS as distributed by MLS GRID, MLS#: NS1089486 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

$4,420,000$9,180,000
1%20%
0%90%
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Estimated monthly payment

$36,455/mo

  • Mortgage$34,385
  • Property tax$2,070
  • HOA fee
  • Homeowners insurance
Due at closing$5,406,000
Down payment held in escrow$1,360,000
Closing costs$102,000
beycome credit Est.$136,000

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

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About Andrews New Smyrna

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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.

$6,800,000 Listed price

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$136,000 Credit back

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