200 Live Oak Street, New Smyrna Beach, FL 32168

$849,000

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Property Description

FULLY LEASED AND FURNISHED TURNKEY INVESTMENT POTENTIAL! Discover the charm and potential of this mixed-use historic property located just one block from Canal Street and minutes to the beach. With commercial/residential zoning (MU) and a B&B overlay allowing nightly rentals, this property is ready to generate income while offering endless possibilities for its next owner. Property Features: Four Separate Apartments: Unit A (Downstairs-Rear) is a 1 bedroom, 1 bath. Unit B & C (Upstairs) are also 1 bedroom, 1 bath. Unit A2 (Bottom-Front) is a 1 bedroom, 1 bath with the largest sq. footage of the four. Units A, B & C are fully furnished with updated appliances. Unit A2 is unfurnished but has a complete NEW kitchen, bathroom, bedroom and flooring. Recent Updates: New roof (Jan 2023) with transferable warranty. Fresh tropical landscaping with shell accents (Feb 2023) Hookup in place for a future hot tub. Large parcel with plenty of parking for cars, trailers, or boats. Great signage exposure while maintaining privacy for tenants Location & Lifestyle: Steps from Canal Street's shops, restaurants, art galleries, and weekend events Just minutes from New Smyrna Beach's famous coastline and marinas About an hour to Orlando International Airport Zoned Commercial/Residential Mixed-Use. Buyer to confirm intended uses and feasibility with the City of New Smyrna Beach and Volusia County. This is a rare opportunity to own a versatile property in one of Florida's most desirable coastal towns. Whether you envision short-term rentals, a live/work setup, or launching a new business, 200 Live Oak Street is ready to make it happen.

200 Live Oak Street | MLS# V4945019

This multi-family property located at 200 Live Oak Street, New Smyrna Beach, FL 32168 is currently listed for sale with an asking price of $849,000. Search New Smyrna Beach real estate on jsaint.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Electric, Ductless
Lot Size: 0.27 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $11,056
Year Built: 1903
Square Feet: 2,268

Amenities

Accessibility Features
Ceiling Fans(s)
High Ceilings
Fence

Feature Descriptions

Accessibility Features: Accessible Entrance
Additional Rooms: Great Room
Annual Net Income: 30000.00
Appliances: Dryer, Microwave, Range, Refrigerator, Washer
Community Features: Park, Playground, Restaurant, Sidewalks, Street Lights
Days on Site: 172
Directions: From US1 And Canal St: Head down Canal to right on Live Oak; Property on corner of Downing St and Live Oak.
Exterior: Frame, Wood Siding
Flood Zone Code: X500
Flooring: Wood
Foundation: Other, Pillar/Post/Pier, Stilt/On Piling
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot: Corner Lot, Historic District, City Limits, Sidewalk
Lot Dimensions: 0.27
Ownership: Fee Simple
Parking: On Street, Parking Pad
Parking Notes: On Street, Parking Pad
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Call Listing Agent
Special Sale Provisions: None
Units: 4
Utilities: BB/HS Internet Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: 10R5

Local Schools

High School: New Smyrna Beach High

Listed By / Shown By

Listed By

Agency Name: PREMIER SOTHEBYS INTL REALTY
Agency Contact: 386-761-2172

Shown By

Agent Name: Jennifer Saint
Agent Phone: (904) 477-0891
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 5,262.96 per month $4,094.01 Principal & Interest $921.33 Property Tax $247.63 Homeowner's Insurance

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