300 South Orange Street

300 South Orange Street

New Smyrna Beach, FL 32168

$575,000
Price
—
Beds
2,661 Sq. Ft.
$216 / Sq. Ft.
2,661
Sq. Ft.
$216
per Sq. Ft.
Studio bath
Unit 1 bath
Unit 4
Entry Unit 4
2nd floor that needs finishing.
2nd floor staircase/hallway
2nd floor bed 1
2nd floor bed 1
2nd floor bed 2
2nd floor one of two bathrooms
2nd floor dining & access to balcony
2nd Floor Kitchen
2nd floor - one of two bathrooms
2nd floor living
North Side -Douglas Street

Description

Investment Opportunity: Short-term rental and MIXED USE zoning. Partially Updated 1920s Multi-Family Property in the Downtown Canal Street Historic District of New Smyrna Beach, Florida. Discover the potential of this unique multi-family dwelling originating from the vibrant 1920s, located in the sought-after downtown district of a thriving beach community. This property blends historical charm with partial modern updates, offering a solid foundation for future enhancements and significant rental...Investment Opportunity: Short-term rental and MIXED USE zoning. Partially Updated 1920s Multi-Family Property in the Downtown Canal Street Historic District of New Smyrna Beach, Florida. Discover the potential of this unique multi-family dwelling originating from the vibrant 1920s, located in the sought-after downtown district of a thriving beach community. This property blends historical charm with partial modern updates, offering a solid foundation for future enhancements and significant rental income possibilities. Property Features: This is a special delimiter sentence. This is a special delimiter sentence - 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: Fully updated 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-two bedrooms and one bathroom. Unit 4 which is an efficiency unit that was fully renovated in 2018. Unit 4 which is an efficiency unit that was fully renovated in 2018 - Partial Updates Completed: The current owners have invested over $100k in property upgrades, to include an entire roof replacement and reinforced foundation. Two of the four rental units have been renovated featuring new floors, updated bathrooms, and newer appliances. These enhancements have been designed to retain the historic charm while providing the conveniences that today’s tenants demand. These enhancements have been designed to retain the historic charm while providing the conveniences that today’s tenants demand - Exterior and Unit Upgrades Needed: The property requires further updates to two units and some cosmetic improvements to the exterior, presenting a fantastic opportunity for an investor to add value and maximize return on investment. The property requires further updates to two units and some cosmetic improvements to the exterior, presenting a fantastic opportunity for an investor to add value and maximize return on investment - 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. This property could also pair well with the proximity of the hospital as a housing option for traveling medical staff. The potential for future rent increases post-renovation makes this an appealing option for those looking to expand their portfolio.
  1. Listed by Keeley Ownby • SMITH REALTY AND ASSOC INC

Property Details for 300 South Orange Street

Subdivision Name
ANDREWS NEW SMYRNA RESUB BLK 29 PER
Township
17
Waterfront
No

Location

Listing Courtesy of SMITH REALTY AND ASSOC INC, Keeley Ownby
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LISTING UPDATED: 05/02/2024 02:47 PM

Property Details for 300 South Orange Street

StatusActive
MLS #NS1081242
Days on Market8
Taxes$3,620 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1912
Lot Size0.09 AC / 4,054 SF
CountyVolusia County

Location

Listing Courtesy of SMITH REALTY AND ASSOC INC, Keeley Ownby
Add your commute

Building Information for 300 South Orange Street

Stories-Residences4Year Built1912Building Size-Lot Size0.09 AC / 4,054 SF

Payment Calculator

$3,440 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,138

Property Taxes

$302

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 300 South Orange Street

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2964.0
  • Building Area Units: Square Feet
  • Directions: 44 East to Palmetto, turn left onto Palmetto, left onto Douglas. The property is located on the corner of Orange and Douglas.
  • Mls Major Change Type: Back On Market
  • Major Change Type: Back On Market
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 300
  • Street Direction Prefix: S
  • Street Name: ORANGE
  • Street Suffix: STREET
  • State: FL
  • City: NEW SMYRNA BEACH
  • Between US 1 River YN: Yes
  • Geolocation: NSB Mainland:N of 44 E 95
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 29
  • Tax Book Number: MB4-135
  • 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 Lot: 337
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 744139293370
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: MU
  • Living Area: 2661
Property and Assessments
  • Year Built Numeric: 1912
  • Flood Zone Code: X
  • Flood Zone Date: 09-29-2017
  • Flood Zone Panel: 12127C0543J
  • New Construction: No
  • Property Condition: Fixer
  • Public Survey Range: 34
  • Public Survey Section: 41
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
  • Num Electric Meters: 1.0
  • Num Water Meters: 1.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: HardiPlank Type, Wood Frame
  • Exterior Features: Sidewalk
  • Foundation Details: Slab
  • Levels: Two
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Mini-Split Unit(s), Other, Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Carpet, Laminate, Luxury Vinyl, Porcelain Tile, Vinyl, Wood
  • Heating: Wall Units / Window Unit
  • Interior Features: Ninguno
  • Laundry Features: None
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $12,000.00
  • Est Annual Market Income: $55,000.00
  • Gross Income: $26,400
  • Unit Count: 4
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Type 1: 1 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 0
  • Unit Type Description 2: accessory unit
  • Unit Type Type 2: Studio
Unit 3
  • Unit Type Baths Total 3: 2
  • Unit Type Beds Total 3: 2
  • Unit Type Description 3: Unit could be a 3/2
  • Unit Type Type 3: 2 Bed/2 Bath
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 1
  • Unit Type Type 4: 1 Bed/1 Bath
Rental
Rental Information
  • Total Actual Rent: $2,200

Property History for 300 South Orange Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 300 South Orange Street

Taxable ValueLand$113,512Additions$145,168Total$258,680
Tax Record2023$3,620 ($302 / month)
Home Facts
Baths3Total Finished SqFt2,661 SqFtAbove Grade Finished SqFt2,661 SqFtStories1Lot Size4,054 SqFtStyleQuadraplexYear Built1912Year Renovated1956ZoningR5CountyVOLUSIAAPN7441-39-29-3370

Schools near 300 South Orange Street

This home is within Volusia.
Rating
School
Type
Grades
Distance
Read-Pattillo Elementary School
Public - PK to 5
New Smyrna Beach Middle School
Public - 6 to 8
New Smyrna Beach High School
Public - 9 to 12
Samsula Academy
Charter - K to 5
Rating
School
Distance
Read-Pattillo Elementary School
PublicPK to 5

New Smyrna Beach Middle School
Public6 to 8

New Smyrna Beach High School
Public9 to 12

Samsula Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 300 South Orange Street, New Smyrna Beach, FL 32168

300 South Orange Street is a multi-family home for sale in New Smyrna Beach, FL 32168. This property was listed for sale on April 17, 2024 by SMITH REALTY AND ASSOC INC, it's currently listed at $575,000. It has been on the market for a total of 8 days and was last sold on October 31, 2017. This listing's school district is Volusia. Nearby schools include Read-Pattillo Elementary School, New Smyrna Beach Middle School and New Smyrna Beach High School. 300 South Orange Street is a 0-bed, 0-bath, 2,661 sqft multi-family home built in 1912.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SMITH REALTY AND ASSOC INC, Keeley Ownby

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 05/02/2024 02:47 PM