Across the street from the New Smyrna Beach Golf Course - Property was just recently fully renovated top to bottom 37 units -24 units 2 bed 1 bath apartments (rent is $1095/m) and 13 units 3 bed 2 bath town-homes (rent is $1195/m) Tenants pay an additional $125/m for water/sewer/cable/internet. Each 2/1 is approximately 1012 sq ft each and Each 3/2 is approximately 1250 sq ft each with a total of 40,538 total sq ft. Approximately 4.13 acres of land with 61 parking spaces for 6 buildings and an Extra Building pad to build a new building (8 units). All of these items are NEW: Roofs, Windows, Sliding Doors, Siding, Paint in and out, Bath and Kitchen cabinets, Granite counter tops, Stainless steel, Faucets, Carpet (upstairs), Vinyl (upstairs wet areas), Tile (downstairs), Sinks, Shower Valves, Common lighting, Repaved Parking Lot, Retention pond pump, Gutters, and Blinds. Most AC units new, Most new hot water heaters, Washer Dryer hookup in each unit. Recently new Certificate of Occupancy, Recently inspected by Fire Department and Building Officials. Units are filling up with more tenants every month and the property is over 86% full. Take over now and raise the rents higher on new incoming tenants.

  • MLS# O5769726
  • Sub-Type Resale
  • Status Active
  • Year 1980
  • Days On Site 223
SQ Feet 40,538
Units 37
Building(s) 6
Property View Yes
Listing Provided By:
Matt Merdian  of  EMPIRE NETWORK REALTY
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $5,700,000
1,801.90%
$299,700 in 32168
this listing 40,538 SqFt
2,019.63%
1,913 SqFt in 32168
this listing $141 $/SqFt
10.67%
$157 $/SqFt in 32168
this listing 223 on site
23.89%
180 on site in 32168

Location

State FL
County Volusia
City NEW SMYRNA BEACH
Zip Code 32168
Area 32168 - New Smyrna Beach

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