Price Reduction
Address
307 Rush STREET, NEW SMYRNA BEACH, FL
Price
$ 1,010,000
Property Attributes
- MLS#NS1080603
- TypeSingle Family
- CountyVOLUSIA
- CityNEW SMYRNA BEACH
- AreaNew Smyrna Beach
- NeighborhoodSmiths D P New Smyrna
- Zip32168
- StyleSingle Family Residence
- Year Built1920
- Taxes$ 5523
- Price$ 1,010,000
- Bedrooms7
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage2792
- Lot Size6,098 SqFt
Data Source:
Stellar MLS
Property Description
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.
| Price History | |
|---|---|
| 2/14/2024 | Listed $1,100,000 |
| 4/12/2024 | 9% - $1,010,000 |
General Features
| Interior Features | Ceiling Fan(s) |
|---|---|
| Sewer | Public Sewer |
| Heating | Electric |
| Cooling | Central Air |
| Utilities | Electricity Connected,Water Connected |
| Roof | Shingle |
| Appliances | Microwave,Range,Refrigerator |
| Exterior Features | Other |
| Zoning | 10R5 |
| Construction Materials | Wood Frame |
| Year Built | 1920 |
| Levels | Two |
| Property SubType | Single Family Residence |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| County | Volusia |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Subdivision Name | SMITHS D P NEW SMYRNA |
| Facing Direction | West |
| Garage Y/N | No |
| Total Rooms | 3 |
| Status | Active |
| Directions | From US Hwy 1 go east onto Washington St and left onto Rush St. |
| City | NEW SMYRNA BEACH |
| Buyer Agent Compensation | 2.5% |
| Senior Community Y/N | No |
| MLS Area | 32168 - New Smyrna Beach |
| Lot Size Square Feet | 5950 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Rush |
| Tax Annual Amount | 5523.72 |
| Public Remarks | 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 |
| Lease Considered Y/N | No |
| Days on Market | 57 |
| Standard Status | Active |
| Tax Lot | 4 |
| 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 |
| Water Access Y/N | No |
| ILS Total SQFT | 816 |
| ILS Under Air SQFT | 384 |
| Water View Y/N | No |
Interior Features
| Flooring | Luxury Vinyl |
|---|---|
| Total Stories | 2 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 5 |
| Street Suffix | STREET |
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Total Bedrooms | 7 |
| LivingAreaSource | Public Records |
| Total Baths | 5 |
| Living Area Units | Square Feet |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 5950 |
| Foundation Details | Slab |
| Building Area Total | 3320 |
| Lot Dimensions | 50 x 119 |
| Lot Size Acres | 0.14 |
| Road Surface Type | Asphalt |
| Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32168
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 11, 2024 4:00 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
