Thank you
Tara Lyall
THE HIGH TIDE GROUP
386-682-0992
Welcome to the epitome of downtown living in New Smyrna Beach, where luxury and investment potential seamlessly merge. Nestled downtown on Rush Street in the bed-and-breakfast overlay, this multifamily gem is a testament to meticulous renovation and prime location. The property features a front house with four distinct apartments, providing a diverse mix of living spaces catering to various preferences. The front house includes two one-bedroom apartments and two two-bedroom apartments, ensuring versatility for tenants seeking different configurations. In addition to the front house, there is an additional studio cottage on the property, allowing for a fifth unit to be rented as well. The layout maximizes privacy and convenience, with each unit equipped with its own meter for utilities and dedicated washer and dryer hookups. This thoughtful design adds a layer of independence for residents and makes this property an ideal investment for both short-term and long-term rental opportunities. A standout feature of this multifamily home is its adherence to high-quality craftsmanship, with no expense spared during the $450,000 renovation. Rain engineering ensures the structural integrity of the property, making it resilient against the coastal climate. Inside, every detail has been carefully considered – from all-new flooring to cabinets and quartz countertops throughout. The result is a harmonious blend of modern aesthetics and functionality, making this property a turnkey investment opportunity. Tucked away in the heart of downtown New Smyrna Beach, this multifamily home not only promises an exceptional return on investment but also offers a chance to be part of a vibrant community. With the flexibility of short-term rentals allowed, this property opens the door to a lucrative income stream, attracting both tourists and long-term tenants alike. Don't miss the chance to own a piece of urban paradise where luxury, location, and investment potential converge.
Total Bedroom: 7
Total Baths: 5
Full Baths: 5
Ceiling Fans(s)
Roof : Shingle
Appliances : Microwave, Range, Refrigerator
Laundry Features: Electric Dryer Hookup, Washer Hookup
Shingle
Flooring : Luxury Vinyl
Construction Materials : Wood Frame
Heating: Electric
Cooling: Central Air
WaterSource: Public
Year Built: 1920
Other
Construction Materials: Wood Frame
Foundation Details: Slab
Lot Dimensions: 50x119
Lot Square Feet: 5950
Lot Acres: 0.14
Lot Size (SqMt): 553
Property Type: Residential
Sub Type: Single Family Residence
Original List Price: $1100000
Tax Block: 1
Tax Book Number: 1-111
Tax Lot: 4
Tax Legal Description: LOT 4 BLK 1 D P SMITHS NEW SMYRNA MB 1 PG 111 PER OR 5279 PG 3929 PER OR 6075 PG 1967 PER OR 6400 PGS 3680-3681 PER OR 6579 PG 4506 PER OR 8247 PG 1936 PER OR 8299 PG 3163
Annual Tax: $5523.72
Tax Year: 2023
Parcel Number: 744127010040
Electricity Connected, Water Connected
Sewer: Public Sewer
Water Source: Public
Subdivision: SMITHS D P NEW SMYRNA
City: NEW SMYRNA BEACH
Direction: From US Hwy 1 go east onto Washington St and left onto Rush St.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Magnolia Road, New Smyrna Beach, FL,32168 | $99,999 | -- | -- | 54,450 | 1.25 Acres |
Turnbull Cove Drive, New Smyrna Beach, FL,32168 | $889,000 | -- | -- | 452,588 | 10.39 Acres |
State Rd 415, New Smyrna Beach, FL,32168 | $110,000 | -- | -- | 33,106 | 0.76 Acre |
2729 Tiffany Drive, New Smyrna Beach, FL,32168 | $85,000 | -- | -- | 101,495 | 101495 Sqft |
722 Airport Road, New Smyrna Beach, FL,32168 | $1,600,000 | -- | -- | 871,200 | 20 Acres |
LOT 18 - 4845 State Roa.., New Smyrna Beach, FL,32168 | $350,000 | -- | -- | 5,619,240 | 25 Acres |
2354 Legacy Lane, New Smyrna Beach, FL,32168 | $1,975,000 | 3 | 4 | 3,114 | 3.3 Acres |
2327 &2329 Legacy Lane, New Smyrna Beach, FL,32168 | $694,000 | -- | -- | -- | 2 Acres |
2327 & 2329 Legacy Lane, New Smyrna Beach, FL,32168 | $694,000 | -- | -- | 43,734 | 2 Acres |
545 Venetian Palms Boul.., New Smyrna Beach, FL,32168 | $444,475 | 3 | 3 | 1,907 | 0.08 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 05/04/2024 @ 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.
ByOwner last updated this listing 05/04/2024 @ 18:20
MLS: MFRMLS #NS1080603
LISTED BY: Tara Lyall, THE HIGH TIDE GROUP
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 2.5%
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.