300 S Orange StreetNew Smyrna Beach, FL 32168MLS Number NS1081242

  • Price: $565,000
  • Est. Mortgage of $/month
  • 58 Days on Market
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Federal 30-year interest rate: 6.95% last updated on Jun 13, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168300 S Orange Street New Smyrna Beach FL 32168
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  • 0.09Acreage
  • 1912Year Built
  • 2,661Square Feet
**Investment Opportunity: Add this 4 unit, short-term rental permitted income property to your fix and flip or hold portfolio! This partially updated 1920s Multi-Family Property in the Downtown Canal Street Historic District of New Smyrna Beach, Florida is just waiting for its new owner/s to bring it back to life! The mixed-use zoning AND short-term OR long-term rental permitting offers incredible flexibility. Some ideas for this property include: office space rental income, residential short/long-term income, a mix of both, OR return this charming space back into a single family residence. With its close proximity to the local hospital, short-term lease options for traveling healthcare staff could also be something to consider. The possibilities are endless! The current owners have invested over $100k in property updates to include: updates to two of 4 units (2018) a full roof replacement, and foundation reinforcement (2022). **Property Features:** - **Four Rental Units with a mix of one- and two-bedroom apartments, catering to a diverse rental market. There are three units in the main dwelling. Unit 1: Renovated in 2018, has one bedroom and one bathroom. Unit 2 is the entire 2nd floor (unfinished) and boasts two bedrooms and two full bathrooms with clawfoot tubs. Unit 3 has one bedroom and one bathroom and a small room/office. Unit 4 (studio) renovated in 2018. - **Community and Outdoor Spaces:** Tenants can enjoy the communal outdoor areas and the proximity to local amenities including parks, shops, and dining. 2 blocks from bustling Canal Street and 1.9 miles from the beach! - **Investment with Upside:** With its prime location and partial updates, this property is ideally positioned for an investor looking to capitalize on the booming rental market in a beach community.
Listing Courtesy of SMITH REALTY AND ASSOC INC

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More Info

Location Information

  • Road Frontage DescriptionAsphalt

Basic Information

  • Occupant Type Tenant
  • Property SubTypeQuadruplex
  • Special Listing Conditions None
  • Total Actual Rent $2,200
  • Virtual TourView Tour

Property

  • MFR Building Area Total Srch Sq M275
  • ZoningMU

Property Information

  • Acreage0.09
  • Building Area Total 2,964
  • Lot Size Square Feet 4,054
  • MFR Living Area Meters 247
  • MFR Lot Size Square Meters 377
  • MFR Total Acreage 0 to less than 1/4
  • Property Condition Fixer
  • Square Feet2,661

Basic Information

  • List Price$565,000
  • MLS NumberNS1081242
  • Mls Status Active
  • StatusACT

Building

  • Construction Materials HardiPlank Type, Wood Frame
  • Foundation Details Brick/Mortar, Pillar/Post/Pier
  • Levels Two
  • Patio And Porch Features Front Porch, Patio, Porch
  • RoofShingle
  • Units4
  • Year Built1912

Utilities

  • Cooling Mini-Split Unit(s), Other, Wall/Window Unit(s)
  • Heating Wall Units / Window Unit
  • Laundry Features None
  • Sewer Public Sewer
  • Utilities Public
  • Water Source Public

Other

  • Building Area Source Public Records
  • Date Listed04/19/2024
  • Gross Income $26,400
  • MFR Annual Net Income $12,000
  • MFR Flood Zone Code X
  • MFR Flood Zone Date 2017-09-29
  • View Count11

Tax Information

  • Tax Year 2023
  • Taxes$3,620

Location

  • Address300 S Orange Street
  • AreaNew Smyrna Beach
  • CountyVolusia
  • Exterior Features Sidewalk
  • StateFL
  • SubdivisionAndrews New Smyrna Resub Blk 29 Per
  • TownNew Smyrna Beach
  • Township 17
  • Zip32168

Interior

  • Flooring
    • Carpet
    • Laminate
    • Luxury Vinyl
    • Tile
    • Vinyl
    • Wood

Water Body

  • MFR Water Access YN No
  • Water ViewNo
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of June 16, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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