405 Magnolia Street Step into timeless charm and endless opportunity with this beautifully preserved 4-bedroom, 2-bath home in the heart of New Smyrna Beach's Historic District. Radiating coastal elegance and historic character, the property offers rare versatility with multiple zoning designationsincluding R5 multifamily, Bed & Breakfast overlay, and Arts Overlay District. Whether you dream of owning a boutique wine bar, cozy café, art gallery, or simply a historic residence, the possibilities are endless. Eligible businesses may also benefit from a parking waiver, making it easier to bring your vision to life. Full of character inside and out, the home features original hardwood floors, a cozy brick fireplace, updated chef's kitchen with new appliances, and a recently renovated baths. Both the front and back porches have been rebuilt with new wood decking, perfect for enjoying sunrises or sunsets. Additional updates include Anderson windows, storm doors, and a new A/C system. The spacious backyard offers mature landscaping, a hot tub, and rear access. Just steps from shopping, dining, Riverside Park, and the Brannon Centerand minutes to the beachthis property is a rare opportunity to own a piece of history with modern comforts in one of the city's most desirable districts.