FL
Volusia
NEW SMYRNA BEACH
32168
300 S ORANGE STREET
300 S ORANGE STREET, NEW SMYRNA BEACH, FL 32168
Listing Type
single family
Listing Status
active
41
$545,000

Home Details for 300 S ORANGE STREET

Price
$545,000
Type
Residential Income
Bedrooms
0
Bathrooms
0.0
Square feet
2661
Year built
1912
Lot size acres
0.09
County
Volusia
Garage
Days on site
90
MLS Listing#
NS1081242
Listing courtesy: SMITH REALTY AND ASSOC INC - 386-690-0542
Property Description

**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.

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Property Features
  • Cooling Information
    • Mini-Split Unit(s)
    • Other
    • Wall/Window Unit(s)
  • Heating Information
    • Wall Units / Window Unit
  • Water Features
    • Public
  • House Interior
    • Ninguno
  • Utilities
    • Public
Listings courtesy of Stellar MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.
Last Updated: 2024-07-06 15:45:43
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Market statistics compiled from data from Stellar MLS.
EXIT REAL ESTATE PROPERTY SOLUTIONS
431 Canal St. Ste B, New Smyrna Beach, FL 32168
Office
386 402 7909
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