• 173 Ocean Avenue NEW SMYRNA BEACH, FL 32169

  • $8,000,000
  • 3
    Bed(s)
  • 3
    Baths
  • 2,574
    Sq Ft
  • 1.64
    Acres
  • Listed By: REALTY PROS ASSURED
  • Source: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

Welcome to your slice of paradise in New Smyrna Beach, FL, where luxury meets potential investment opportunity! Nestled between the tranquil intercoastal river and the pristine shores of the Atlantic Ocean, this beautiful property boasts an enviable location just moments away from the vibrant Flagler Ave. Spread across over 1 acre of prime real estate, this gem offers endless possibilities, particularly for savvy investors looking to capitalize on its multifamily development potential. Ascending three floors, this exquisite residence harmoniously blends functionality with elegance. The ground floor presents a spacious three-car garage, providing ample storage and convenience for residents. Ascend to the second floor, where an inviting living room seamlessly flows into a gourmet kitchen, ideal for hosting gatherings and creating lasting memories. A thoughtfully placed bathroom adds convenience to this level. Journey to the pinnacle of luxury on the third floor, where tranquility awaits in the form of spacious bedrooms, complemented by three opulent bathrooms and a convenient laundry room, ensuring comfort and practicality for residents. Beyond the allure of the property itself, its location in one of the most coveted areas of New Smyrna Beach further enhances its desirability. With easy access to Flagler Ave, residents can indulge in the eclectic mix of boutiques, restaurants, and entertainment options just moments from their doorstep. For the discerning investor, this property represents not only a luxurious retreat but also a lucrative opportunity for multifamily development. With the potential to capitalize on the burgeoning demand for upscale housing in this coveted locale, the possibilities are limitless. Don't miss your chance to own a piece of paradise with unparalleled investment potential. Contact us today to seize this rare opportunity to turn dreams into reality along the shores of the enchanting India River and Peninsula

Property Type :

Residential

County :

Volusia

Style :

Residential

Property Details

 

Bedroom Information

Total Bedroom: 3

Bathroom Information

Total Baths: 3

Full Baths: 2

Half Baths: 1

Interior Features

Attic Fan, Cathedral Ceiling(s), Ceiling Fans(s), Split Bedroom, Vaulted Ceiling(s)

Roof : Metal

Appliances : Cooktop, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator

Laundry Features: Inside

Roofing Information

Metal

Flooring Information

Flooring : Carpet, Tile, Wood

Construction Materials : Cement Siding, Concrete

Heating & Cooling

Heating: Central

Cooling: Central Air

WaterSource: Public

Building Information

Year Built: 2005

Exterior Features

Hurricane Shutters, Irrigation System

Construction Materials: Cement Siding, Concrete

Foundation Details: Slab

Lot Information

Lot Square Feet: 71438

Lot Acres: 1.64

Lot Size (SqMt): 6637

Property Information

Property Type: Residential

Sub Type: Single Family Residence

Listing Price Information

Original List Price: $8000000

Tax Information

Tax Block: 34

Tax Book Number: 4009-3

Tax Lot: 2

Tax Legal Description: 16-17-34 UNPLATTED PART OF S 680 FT OF GOVT LOT 2 BEING E351.68 FT MEAS ON N/L OF N 120 FT MEAS ON E/L PER OR 4960 PG 777 PER OR 5474 PG 2078

Annual Tax: $3846

Tax Year: 2023

Parcel Number: 16173400000012

Utility Information

Other

Sewer: Public Sewer

Water Source: Public

Location Information

Subdivision: N/A

City: NEW SMYRNA BEACH

Direction: E on 44, L on S Peninsula Ave, L on Ocean Ave

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2211 Saxon Drive, New Smyrna Beach, FL,32169 $978,800 4 3 2,020 0.21 Acre
6866 Atlantic Avenue, New Smyrna Beach, FL,32169 $350,000 -- -- 5,000 0.11 Acre
603 Pine Street, New Smyrna Beach, FL,32169 $749,000 3 2 1,733 0.14 Acre
6640 Turtlemound Road, New Smyrna Beach, FL,32169 $1,600,000 6 4.5 3,226 2500 Sqft
3828 Sandstone Court, New Smyrna Beach, FL,32169 $485,000 2 2 1,120 0.11 Acre
00 Crawford Road, New Smyrna Beach, FL,32169 $549,000 -- -- 5,800 0.13 Acre
No Name, New Smyrna Beach, FL,32169 $30,000 -- -- 44,431 1.02 Acres
253 Minorca Beach Way #.., New Smyrna Beach, FL,32169 $1,847,000 4 3 2,620 2.67 Acres
5300 Atlantic Avenue #1.., New Smyrna Beach, FL,32169 $480,000 3 2 1,601 0.53 Acre
Ladyfish Avenue, New Smyrna Beach, FL,32169 $299,900 -- -- 5,000 0.11 Acre

Disclaimer: The information being provided courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of theMFRMLS (My Florida Regional MLS DBA Stellar MLS). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MFRMLS (My Florida Regional MLS DBA Stellar MLS). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 05/15/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the 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.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 05/15/2024 @ 18:20. 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. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


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ByOwner last updated this listing 05/15/2024 @ 18:20

MLS: MFRMLS #V4934381
LISTED BY: Cheryl Gray, REALTY PROS ASSURED
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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