Discover the charm and potential of this mixed use historic property located just one block from Canal Street and minutes to the beach. With commercial/residential zoning (MU) and a B&B overlay allowing nightly rentals, this property is ready to generate income while offering endless possibilities for its next owner. Property features include 1,000 square feet of commercial space (front, downstairs), a prime location with excellent visibility on a corner lot, an ADA compliant restroom and expanded parkingperfect for an office, coffee shop, boutique, wellness studiobring your vision to life. The three separate apartments, Units A, B and C, are each one bedroom and one bath, all units are fully furnished with updated appliances and are currently income producing. Recent updates include a new roof (Jan. 2023) with a transferable warranty, fresh tropical landscaping with shell accents (Feb. 2023) and a hookup in place for a future hot tub. The large parcel offers plenty of parking for cars, trailers or boats, and great signage exposure while maintaining privacy for tenants. The location is just steps to Canal Streets shops, restaurants, art galleries and weekend events, minutes to New Smyrna Beachs famous coastline and marinas, and about an hour to Orlando International Airport. Zoned commercial/residential mixed use. Buyer to confirm intended uses and feasibility with the City of New Smyrna Beach and Volusia County. This is a rare opportunity to own a versatile property in one of Floridas most desirable coastal towns. Whether you envision short term rentals, a live/work setup or launching a new business, 200 Live Oak Street is ready to make it happen.