Active

$1,100,000

Features:
  • 7 Bedrooms
  • 5 Bathrooms
  • 3801 sq ft
Overview
  • ID: MFRNS1086449
  • Bedrooms: 7
  • Bathrooms: 5
  • Size: 3801 sq ft
Property Details
Remarks
Exceptional Mixed-Use Quadruplex in the Heart of Downtown New Smyrna Beach. Discover a rare investment opportunity just steps from Canal Street’s vibrant shops, restaurants, and galleries. This meticulously maintained quadruplex offers an unbeatable location and incredible versatility in one of Central Florida’s most desirable coastal communities. Zoned Mixed Use, the property supports a wide range of possibilities— long-term or short-term residential rentals, professional offices, boutique retail, or a combination of income-producing spaces. With its prime downtown setting, it’s perfectly positioned for both investors and owner-operators seeking reliable returns and future growth potential. Each unit is thoughtfully maintained, providing comfortable and inviting living or workspace options. The property comes fully furnished and ready for bookings with exception of tenants personal belongings and minor furnishings. A list of these items will be provided. This property also features ample off-street parking, exceptional walkability, and two separate laundry areas for tenant convenience. Whether you’re expanding your investment portfolio or establishing a business in a high-traffic, highly walkable location, this unique downtown property offers unmatched flexibility, steady income potential, and timeless appeal. Expected annual gross rent from the four units $110,400, less currently annual expenses of $16,000, provides an expected annual net income of $94,900!
Financial Considerations
Price:
$1,100,000
HOA Fee:
N/A
Tax Amount:
$4762
Price per SqFt:
$289.4
Tax Legal Description:
LOT 171 BLK 14 ANDREWS NEW SMYRNA PER MB 2 PG 68 INC PER OR 4692 PGS 2241-2242 PER OR 5809 PG 0459
Exterior Features
Lot Size:
7500
Lot Features:
Sidewalk, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Common
Roof:
Shingle
Pool:
No
Pool Features:
Other
Interior Features
Bedrooms:
7
Bathrooms:
5
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Luxury Vinyl, Tile, Wood
Levels:
Multi/Split
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1949
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sidewalk
Additional Features 2:
BUYER TO VERIFY ANY LEASE RESTRICTIONS WITH COUNTY
Map
  • Address
    106 LIVE OAK ST
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