720 Magnolia Street, FL
Stellar MLS
1 / 1

$6,800,000

720 Magnolia StreetNew Smyrna Beach, FL 32168

Listing updated: October 19, 2026 at 3:48 PM ET

Active
Stellar MLSListing courtesy of Kincaid Realty · Regina Heustess · MLS #NS1089486 · Active · 386-428-7800
0
Baths
34,717
Sq Ft
0.9
Acres
1988
Built
◆$193/sqft◆360° tour
Warehouse

Property type

1988

Year built

39,060 sqft

Lot size

$193

Price / sq ft

No HOA

HOA dues

5

Days on market

X500

Flood zone

About this home

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

Estimated monthly payment

Principal & interest$34,385
Property taxes$2,070
Home insurance (est.)$3,117

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history5 days on market

  1. Status: Active
    Oct 14, 2026
  2. Listed$6,800,000
    Oct 14, 2026

Facts & features

Property type
Commercial Sale
Sub type
Warehouse
Status
Active
Days on market
5
Subdivision
Andrews New Smyrna
County
Volusia
Year built
1988
Living area
34,717 sq ft
Price/sq ft
$193
Building area
35,232 sq ft (Public Records)
Lot size
39,060 sq ft
Lot category
2 to less than 5
Flood zone
X500 (12127C0543J)
Annual taxes
$24,842 (2025)
Parcel #
7441-38-13-1310
Zoning
10I1
MLS #
NS1089486

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Interior Details

Flooring
Ceramic Tile, Concrete
Stories / Levels
One
Direction faces
East

Heating & Cooling

Heating
Electric
Cooling
Central Air

Parking

Garage spaces
0
Parking features
Lighted, Over 30 Spaces, Shared Parking

HOA & Financial

Total monthly fees
$125/mo
Total annual fees
$1,500
HOA name
Gray Heustess
Listing terms
Cash, Commercial Financing
Ownership
Fee Simple

Exterior & Construction

Construction materials
Block, Stucco
Roof
Other, Shingle
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Public, Water Connected

Listing Details

Listing date
2026-10-12
On market date
2026-10-14
Original list price
$6,800,000
MLS area
32168 - New Smyrna Beach
Listing AOR
New Smyrna Beach Board of Realtors
Status changed
2026-10-14
Tax legal description
LOTS 131 132 & E 1/2 VAC ALLEY BLK 13 ANDREWS MB 2 PG 68 & LOT 279 EXC S 2 FT CAVEDO ADD MB 2 PG 168 INC ST ADJ AKA LOTS 1 & 2 BOND HOWELL MB 9 PG 257 & FEC RR R/W PER OR 4360 PGS 2466-2468

Flood risk

Moderate riskFEMA Zone X500Panel 12127C0543J

Moderate-risk area (0.2% annual-chance / “500-year” floodplain). Flood insurance is recommended but usually not required.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

HWY 44 East to Live Oak Street, last light before crossing the south causeway bridge. Take a right 2 blocks to Smith Street. Live Oak property will be on the right. Continue on Smith to Magnolia , then right to AAA Storage Office and building @ 720 Magnolia Street.

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Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of October 19, 2026 at 3:48 PM ET. 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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