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For sale
    • $1,599,000

    204 PALMETTO STREET, NEW SMYRNA BEACH, FL 32168

    6beds
    3,080sqft
    : 
    $10,175/mo
    Get pre-qualified
    Single Family Residence
    Built in 1916
    7,966 Square Feet Lot
    $1,424,800 Zestimate®
    $519/sqft
    $-- HOA

    What's special

    Detached oversize garagePrivate tropical oasis
    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!!
    86 days
    |
    267
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rachail Renick 352-266-8297,

    EXIT REAL ESTATE PROPERTY SOL 386-763-3008

    Source: Stellar MLS,MLS#: NS1088315MLS LogoOriginating MLS: New Smyrna Beach Board of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 7
      • Full bathrooms: 6
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Attic, Garage Apartment
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 190.66 Square Feet
      • Dimensions: 14.51x13.14
      Bedroom 2
      • Features: Built-in Closet
      • Level: Second
      • Area: 185.41 Square Feet
      • Dimensions: 14.11x13.14
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      • Area: 112.1 Square Feet
      • Dimensions: 11.21x10
      Bedroom 4
      • Features: Built-in Closet
      • Level: First
      • Area: 187.53 Square Feet
      • Dimensions: 13.3x14.1
      Dining room
      • Level: First
      • Area: 194.27 Square Feet
      • Dimensions: 14.53x13.37
      Other
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 686.52 Square Feet
      • Dimensions: 30.58x22.45
      Kitchen
      • Level: First
      • Area: 196.5 Square Feet
      • Dimensions: 13.34x14.73
      Laundry
      • Features: Built-in Closet
      • Level: First
      • Area: 110.7 Square Feet
      • Dimensions: 16.4x6.75
      Living room
      • Features: No Closet
      • Level: First
      • Area: 195.75 Square Feet
      • Dimensions: 14.5x13.5
      Heating
      • Central, Other
      Cooling
      • Central Air, Ductless
      Appliances
      • Included: Dishwasher, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
      • Laundry: Electric Dryer Hookup, Laundry Room
      Features
      • Ceiling Fan(s), High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s)
      • Flooring: Concrete, Luxury Vinyl, Porcelain Tile
      • Doors: Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total structure area: 3,800
      • Total interior livable area: 3,080 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck, Front Porch, Porch
      • Exterior features: Balcony, Courtyard, Lighting, Private Entrance, Private Yard, Rain Gutters
      • Has private pool: Yes
      • Pool features: Deck, Gunite, In Ground, Lighting, Pool Alarm, Salt Water, Tile
      • Fencing: Fenced,Vinyl
      • Has view: Yes
      • View description: City
      Lot
      • Size: 7,966 Square Feet
      • Dimensions: 50 x 150
      • Features: Historic District, City Lot, Landscaped, Level, Near Golf Course, Near Marina, Private, Sidewalk
      • Residential vegetation: Trees/Landscaped
      Details
      • Additional structures: Guest House
      • Parcel number: 744138212480
      • Zoning: MULTI USE
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Historical
      • Property subtype: Single Family Residence
      Materials
      • Block, Cement Siding, Stucco, Wood Frame
      • Foundation: Crawlspace, Slab
      • Roof: Metal,Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 1916

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: ANDREWS PROP
      HOA
      • Has HOA: No
      Location
      • Region: New Smyrna Beach

      Financial & listing details

      • Price per square foot: $519/sqft
      • Tax assessed value: $590,729
      • Annual tax amount: $9,082
      • Date on market: 6/1/2026
      • Cumulative days on market: 80 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        $1,424,800

        $1.35M - $1.50M

        $3,515/mo

        Price history

        DateEventPrice
        6/1/2026Listed for sale$1,599,000+392%$519/sqft
        Source: Stellar MLS #NS1088315 Report a problem
        12/31/2019Sold$325,000-18.7%$106/sqft
        Source: Public Record Report a problem
        12/6/2019Pending sale$399,900$130/sqft
        Source: Island Properties of NSB #1050548 Report a problem
        11/14/2019Price change$399,900-9.1%$130/sqft
        Source: Island Properties of NSB #1050548 Report a problem
        9/12/2019Price change$439,900-2.2%$143/sqft
        Source: Island Properties of NSB #1050548 Report a problem
        7/16/2019Listed for sale$449,900+50%$146/sqft
        Source: Island Properties of NSB #1050548 Report a problem
        6/5/2011Listing removed$299,900$97/sqft
        Source: Island Properties #1007059 Report a problem
        7/16/2010Listed for sale$299,900+122.1%$97/sqft
        Source: Island Properties of NSB #1007059 Report a problem
        8/17/2004Sold$135,000+12.5%$44/sqft
        Source: Public Record Report a problem
        6/23/2003Sold$120,000$39/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,083 +40.5%$590,729 +40.4%
        2024$6,464 +38%$420,830 +35.4%
        2023$4,684 -7%$310,773 +16.7%
        2022$5,036 $266,409 +10%
        2021-- $242,190 +4.8%
        2020$4,207 +19.2%$231,048 +24.7%
        2018$3,531 +1.6%$185,218 +18%
        2016$3,477 +6.1%$156,939 +60.8%
        2015$3,276 +169.3%$97,614 +0.8%
        2014$1,216 $96,839 -25.3%
        2005-- $129,568 +20.5%
        2004-- $107,491 +11.3%
        2003-- $96,582 +14.3%
        2002-- $84,468 +27.6%
        2001-- $66,193 +18.8%
        2000-- $55,696
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Canal Downtown

        Getting around

        73 / 100
        Very Walkable
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Read Pattillo Elem
        • Middle: New Smyrna Beach Middl
        • High: New Smyrna Beach High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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