Listing Details for MLS #NS1086626
119 Faulkner Street, New Smyrna Beach, Fl

Residential Property - Single Family Residence in New Smyrna Beach

Listing Price: $1,690,000 (Mortgage Calculator →)Days on Market: 30

Description of Property

Downtown MIXED USE Gem — Live, Work, Invest, or All of the Above! This unique 4-story mixed-use home offers exceptional flexibility with both RESIDENTIAL & COMMERCIAL zoning, giving you endless possibilities in the heart of downtown. LEVEL ONE – Commercial / Flex Space (Approx. 1,100 sq ft) The ground floor is separately metered and zoned for commercial use, featuring 1.5 baths, a kitchenette, laundry room, and abundant storage, perfect for operating or leasing as a pilates/yoga studio, salon, massage therapy space, professional office, or similar venture. Prefer residential? The current owners use it as an additional family room, craft space, office, and guest area, making it ideal for in-law quarters or multi-generational living. LEVEL TWO – Beautifully updated living space with a newly remodeled kitchen, inviting living room with electric fireplace, dry bar, guest bedroom and bath, and a charming balcony overlooking downtown creating a warm and stylish second level for everyday living and entertaining. LEVEL THREE – Bedrooms & private spaces on this floor offer a bedroom with office area, a utility room, and a spacious primary suite with private bath and its own balcony—a peaceful place to unwind above the city. LEVEL FOUR – The rooftop oasis is an expansive 968 square foot rooftop patio delivering river and downtown views, plus a front-row seat to space launches, fireworks, and beautiful sunsets. It’s a truly unforgettable outdoor living space. Additional highlights include a 4-stop elevator for effortless access to every level, a private heated saltwater pool, outdoor shower, grill, and fireplace in the serene courtyard that separate the house from the oversized 22' x 32' garage with high ceilings that fits 2 cars + golf cart and offers excellent storage. Natural gas for pool heat, grill, and courtyard fireplace. The washer & dryer on level one is included in the sale. Whether you’re seeking a low-maintenance downtown lifestyle, a live-work setup, an income-producing investment, or a comfortable solution for extended family, this property’s rare flexibility and premier location make it a must-see.The average asking price for a 3 bedroom/3 bath single family residence in this Zip code is $872,389. This single family residence is listed at about 194% of the average asking price. This is the only 3 bedroom/3 bath single family residence between $1,400,000 and $2,000,000 currently listed for sale in this Zip code.