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300 S Orange Street

New Smyrna Beach, FL 32168

– beds
– baths
2,661 sqft
4,054 sqft lot
$163 per sqft
1912 build
– on site

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**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.

Listing courtesy of STELLAR_MLS / SMITH REALTY AND ASSOC INC

Last checked: Checking… • Last updated Oct 21, 2024 •

MLS# NS1081242 —

The Building

Year Built:

1912
New Construction:

false
Construction Materials:

HardiPlank Type
Levels:

Two
Roof:

Shingle
Foundation Details:

Brick/Mortar
Patio And Porch Features:

Front Porch
# of Buildings:

1
Building Area Total:

2964
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ninguno
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

2661
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

44 East to Palmetto, turn left onto Palmetto, left onto Douglas. The property is located on the corner of Orange and Douglas.
Latitude:

29.021981
Longitude:

-80.924767
Coordinates:

-80.924767, 29.021981

The Property

Parcel Number:

744139293370
Property Type:

Residential Income
Property Subtype:

Quadruplex
Property Condition:

Fixer
Lot Size Acres:

0.09
Lot Size Area:

4054
Lot Size SqFt:

4054
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

MU
View:

false
Exterior Features:

Sidewalk
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12127C0543J
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

337
Tax Block:

29
Tax Legal Description:

LOT 337 EXC W 60.05 FT OF N 22.50 FT MEAS ON N & W LINES & EXC W 40.05 FT OF S 22.50 FT MEAS ON S & W LINES RESUB BLK 29 ANDREWS NEW SMYRNA MB 16 PG 112 PER OR 4608 PG 4944 PER OR 6210 PGS 2581-2582 PER OR 6995 PGS 2549-2550 PER OR 7370 PG 4362 PER OR 7466 PG 2650
Tax Book Number:

MB4-135
Tax Annual Amount:

3620

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Wall Units / Window Unit
Heating:

true
Cooling:

Mini-Split Unit(s)
Cooling:

true

Utilities

Utilities:

Public
Sewer:

Public Sewer

Appliances

Laundry Features:

None

The Community

Subdivision Name:

ANDREWS NEW SMYRNA RESUB BLK 29 PER
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/3/24 Sep 3, 2024	Sold	STELLAR_MLS	$435,000	-20.2%
7/31/24 Jul 31, 2024	Pending	STELLAR_MLS	$545,000
6/26/24 Jun 26, 2024	Price Changed	STELLAR_MLS	$545,000	-3.5%

Multifamily Sold on 9/3/2024

$435,000

Listing provided by broker:

Keeley Ownby

SMITH REALTY AND ASSOC INC

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Listing Courtesy of: STELLAR_MLS and SMITH REALTY AND ASSOC INC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

300 S Orange Street

New Smyrna Beach, FL 32168