902 E 11th Avenue, New Smyrna Beach, FL 32169

$1,225,000
6
BD
6
BA
2,681
SqFt

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Sold Price
$1,225,000
List Price
$1,350,000
Status
Sold
Days on Market
242
Closing Date
Mar 25, 2024
MLS#
O6127603
Property Style
Single Family
Year Built
1998
Bedrooms
6
Bathrooms
6
Living Area
2,681
Lot Size
10,000
Acres
0.23
Total Acreage
0 to less than 1/4
Legal Subdivision Name
New Smyrna Beach
MLS Area Major
New Smyrna Beach

Property Description

Exceptional Short-Term Rental Investment – T-Shaped Triplex Opportunity. Unlock the potential of an extraordinary investment with this multifamily gem, tailor-made for short-term vacation rentals. This strategically positioned T-shaped triplex boasts three distinct addresses, offering a versatile zoning configuration that opens the door to limitless possibilities. Nestled in a non-flood zone, this solid block building ensures peace of mind for both investors and future guests. Key Features: Prime Location and Parking Facilities: Strategically located with convenient access to key areas. 3-car garage, additional parking for four vehicles, a carport, and an extra parking spot on Hill St. Unit Layout and Amenities: Each of the three units features 2 bedrooms and 2 bathrooms, providing a total of 6 bedrooms and 6 baths. Recent upgrades enhance the property's appeal, including three replaced A/C units and a brand-new Generac generator with buried propane pipeage for reliable power backup. Stylish and durable with new shingled double hip roofs. Convenience and Security: Custom-made corrugated hurricane shutters ensure convenience and security, with an installation time of just 5 minutes. Inside laundry rooms in each unit equipped with washers and dryers for added convenience. Appliances and Landscaping: Three refrigerators, three stoves, and three above-stove microwaves included in the property. Lush Florida living landscaping featuring 16 palm trees eliminates the need for grass maintenance. Safety Measures: Three security/storm doors further enhance safety and protection. Expansive Ownership: Positioned on two lots, you'll own the block from Eastside Atlantic Ave, 11th Ave & Hill St. Investment Potential: Zoned for vacation rentals, presenting an exceptional opportunity for income generation and long-term value. Don't miss out on this massive opportunity to own a prime short-term rental property. With its strategic location, modern upgrades, and versatile zoning, this triplex is not just a residence but an investment with boundless potential. Schedule a viewing today and secure your stake in this exceptional venture!

Additional Information

Taxes
$10377
Minimum Lease
1-7 Days
Community Features
No Deed Restriction
Property Description
One Story
Zoning
10R6
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Laminate, Tile
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Utilities
Electricity Available
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Concrete
Exterior Features
Sliding Doors
Roof
Shingle
Foundation
Block
Pool
No Pool
Garage Carport
5+ Car Garage
Garage Spaces
6
Flood Zone Code
VE
Parcel ID
7422-01-11-0110
Legal Description
LOTS 11 & 12 BLK 11 NEW SMYRNA BEACH PER OR 5088 PG 1226 PER OR 7053 PG 4775 PER OR 7059 PG 2651 PER OR 7068 PG 1703

Listing courtesy of COLLADO REAL ESTATE. 386-427-0002

Selling Office: ENGEL & VOLKERS BELLEAIR.

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