NOT LISTED FOR SALE
6 Beds
6 Baths
3,025 Sq Ft
10,000 Sq Ft Lot

Last Sold March 25, 2024

Last sale price $1,250,000 $413 Per Sq Ft

52 Days on Market

Highlights

  • Beach Access
  • Property is near public transit
  • End Unit
  • Senior Community
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

As of March 2024

"Price Reduction: Seller Highly Motivated"
"Exceptional Short-Term Rental Investment – T-Shaped Triplex Opportunity!
Discover the extraordinary potential of this meticulously crafted multifamily gem, perfectly suited for short-term vacation rentals. Situated in a non-flood zone, this T-shaped triplex stands out as a premier investment opportunity.
Key Features: next to the BEACH! Prime Location and Ample Parking: Strategically positioned for convenient access to key areas.
Boasts a 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 offers 2 bedrooms and 2 bathrooms, totaling 6 bedrooms and 6 baths.
Recent upgrades include 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 both convenience and security, with an installation time of just 5 minutes.
Inside laundry rooms in each unit equipped with washers and dryers for added tenant convenience.
Appliances and Landscaping: Property features three refrigerators, three stoves, and three above-stove microwaves.
Beautiful Florida living landscaping showcasing 16 palm trees eliminates the need for grass maintenance.
Safety Measures: Three security/storm doors enhance safety and protection.
Expansive Ownership: Situated on two lots, providing ownership of the block from Eastside Atlantic Ave, 11th Ave & Hill St.
Investment Potential: Zoned for vacation rentals, offering an exceptional opportunity for both immediate income generation and long-term value.
Modern upgrades and versatile zoning transform this triplex into not just a residence but an investment with limitless potential.
Don't miss out on the opportunity to own a prime short-term rental property. Schedule a viewing today to secure your stake in this exceptional venture! Invest wisely and capitalize on the opportunities this property presents!"

Last Agent to Sell the Property

Ignacio Barsottelli

COLLADO REAL ESTATE Brokerage Phone: 386-427-0002 License #3428688 Listed on: 12/28/2023

COLLADO REAL ESTATE

Last Buyer's Agent

Stephen Kepler

ENGEL & VOLKERS BELLEAIR License #677118

ENGEL & VOLKERS BELLEAIR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,195

Year Built

  • Built in 1998

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Dirt Road
  • End Unit
  • Fenced
  • Corner Lot
  • Oversized Lot
  • Garden

Parking

  • 3 Car Attached Garage
  • 1 Carport Space
  • Workshop in Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Open Parking
  • Golf Cart Parking

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,025 Sq Ft Home
  • Ceiling Fan
  • Shades
  • Shutters
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Accessibility Features

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Seawall
  • Courtyard
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Thermostat
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • 3 Units
  • 4,098 Sq Ft Building
  • New Smyrna Beach Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,195

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 3025
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1998
  • Accessibility Features: Accessible Bedroom, Accessible Full Bath, Accessible Kitchen
  • Building Area Total: 4098
  • Lot Size Sq Ft: 10000
  • Number Of Lots: 2
  • Directions to Property: Exit 95 to 44 E, cross S Causeway to beach, head south on S Atlantic and building will be on left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 172580748
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 413.22
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Corner Unit
  • Attribution Contact: 386-427-0002
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete, Laminate, Tile
  • Interior Amenities: Accessibility Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Ninguno, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other, Range, Refrigerator, Tankless Water Heater
  • Foundation Details: Concrete Perimeter, Other, Slab
  • Total Bedrooms: 6
  • Window Features: Shades, Shutters
  • Street Number Modifier: 2008
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 281.03

Exterior Features

  • Other Structures: Other
  • Exterior Features: Courtyard, Fence, Garden, Hurricane Shutters, Lighting, Other, Outdoor Grill, Outdoor Shower, Sidewalk, Storage
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: ATLANTIC OCEAN
  • Waterfront: No
  • Patio and Porch Features: Porch
  • Road Surface Type: Asphalt, Dirt, Paved
  • Water Access: Beach
  • Water Extras: Seawall - Other
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Garage Faces Side, Golf Cart Parking, Guest, Open, Workshop in Garage

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Gas
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Other, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric,Gas,Sewer,Trash,Water

Condo/Co-op/Association

  • Association: No
  • Security: Secured Garage / Parking
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Development: Not On The List

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: 10R6
  • Parcel Number: 3813839
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Corner Lot, Near Public Transit, Oversized Lot, Sidewalk
  • Lot Dimensions: 100x100
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 929

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 3
  • Total Num Buildings: 3
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 12195.27
  • Tax Block: 11
  • Tax Book Number: 7-29
  • Tax Lot: 11

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $1,250,000 -7.4% $413 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/11/2024 02/11/24 Price Changed $1,350,000 -8.1% $446 / Sq Ft
12/28/2023 12/28/23 For Sale $1,469,000 -- $486 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6166070

Stellar MLS