Active

$525,000

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1661 sq ft
Overview
  • ID: MFRTB8481894
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1661 sq ft
Property Details
Remarks
Turnkey Ocean Walk Corner Unit | $48,500 Rental Income | Sleeps 10 | Building 1 Experience coastal living and exceptional investment potential in this fully furnished 3-bedroom, 2-bath corner unit in Building 1 of the highly desirable Ocean Walk community in New Smyrna Beach. This property has generated $48,500 in rental revenue and features a maximized guest occupancy of 10, making it a strong opportunity for vacation rental investors, second-home buyers, or those seeking a beachside retreat with proven income potential. The spacious open-concept layout is filled with natural light from expansive windows and sliding glass doors that lead to two private balconies, creating seamless indoor-outdoor living and the perfect place to enjoy ocean breezes. The well-equipped kitchen features stainless steel appliances, generous counter space, and ample cabinetry, making it ideal for both everyday living and entertaining guests. The primary suite offers a private retreat with an ensuite bathroom complete with a deep soaking tub, separate shower, and walk-in closet. Two additional bedrooms provide comfortable accommodations for family and guests, while the sleeping configuration allows up to 10 guests, maximizing rental demand and revenue potential. Additional features include: • Fresh paint and flooring throughout • Full laundry room for added convenience • Fully furnished and turnkey ready for immediate rental or personal use Ocean Walk residents enjoy a full suite of resort-style amenities, including: • Two clubhouses • Two swimming pools • Fitness center • Tennis courts and shuffleboard • Direct beach access via raised boardwalk Located just minutes from New Smyrna Beach restaurants, shopping, and entertainment, this property offers the perfect combination of coastal lifestyle, strong rental performance, and investment potential. Whether you are looking for a high-performing vacation rental, second home, or full-time residence, this Ocean Walk corner unit offers a rare opportunity in one of New Smyrna Beach’s most sought-after communities. Schedule your private showing today.
Financial Considerations
Price:
$525,000
HOA Fee:
920
Tax Amount:
$6346
Price per SqFt:
$316.07
Tax Legal Description:
UNIT 400401 OCEAN WALK CONDOMINIUM AT NEW SMYRNA BEACH PHASE 1 PER OR 4433 PGS 4359-4432 INC PER OR 4682 PG 3851 PER OR 6751 PG 4067 PER OR 8112 PG 4260 PER OR 8467 PG 2480
Exterior Features
Lot Size:
25823
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other
Pool:
No
Pool Features:
Heated, In Ground
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
2000
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Balcony
Additional Features 2:
N/A
Map
  • Address
    5300 S ATLANTIC AVE #1-401
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