Active

$1,450,000

Features:
  • 4 Bedrooms
  • 3 Bathrooms
  • 3448 sq ft
Overview
  • ID: MFRO6371567
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 3448 sq ft
Property Details
Remarks
NSB Oasis: The Ultimate TriPlex Turnkey Investment or Coastal "House Hack" Experience the pinnacle of New Smyrna Beach living with this rare, income-producing multi-unit property. Currently grossing six figures annually, this versatile property features a private backyard pool, making it a premier destination for vacationers and a high-value asset for investors. Your Private Coastal Retreat The heart of this property is the tropical backyard oasis. The sparkling private pool is a major draw for short-term guests, ensuring high occupancy and premium nightly rates year-round. Whether you’re hosting a poolside BBQ or offering a quiet retreat for tenants, this outdoor space sets the property apart from almost everything else in the area. Proven Revenue & Diversified Income Currently operating as a turnkey three-unit setup with an established performance history and a professional management team already in place: The Main Residence: A high-performing vacation rental centered around the pool experience. The Studio Suite: A steady long-term rental at $700+. The One-Bedroom Apartment: Freshly updated with new paint and carpet. Primed for $1,500+ monthly based on local demand for refreshed, walkable units. Expansion & Value-Add Potential Zoned for a 4th Unit: Current zoning allows for an additional unit, providing a massive opportunity to scale your income on the same lot. 900 Sq. Ft. Garage: A massive structure perfect for a workshop, "toy" storage for boats and golf carts, or future conversion into that fourth income stream. Located in a historic, highly desirable, and heart of downtown New Smyrna Beach: Canal Street District: Walk to historic shops, an art gallery, local eateries, and the Saturday Farmers Market. Sun & Surf: A short trip to the river and the iconic surfing of the Atlantic coast. Laid Back Life: Embrace the relaxed, "local" lifestyle that makes NSB one of Florida's most sought-after destinations. Whether you want a pure-play investment with a strong ROI, a multi-unit family compound, or a house-hack where you live in the main house and let the units pay your mortgage—this property is a rare find that checks every box.
Financial Considerations
Price:
$1,450,000
HOA Fee:
N/A
Tax Amount:
$14402.87
Price per SqFt:
$420.53
Tax Legal Description:
W 100 FT OF LOTS 145 & 146 BLK 10 ANDREWS NEW SMYRNA PER OR 4391 PG 0944 PER OR 8335 PG 2052
Exterior Features
Lot Size:
10000
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
Yes
Pool Features:
Gunite, Heated, In Ground, Lighting, Salt Water, Tile
Interior Features
Bedrooms:
4
Bathrooms:
3
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Tile, Wood
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1918
Construction Type:
Cement Siding, HardiPlank Type, Vinyl Siding
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Courtyard, Lighting, Outdoor Grill, Sidewalk, Storage
Additional Features 2:
N/A
Map
  • Address
    301 LIVE OAK ST
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