307 Rush Street

New Smyrna Beach, FL 32168

$1,010,000
Price
7
Beds
5
Baths
2,792 Sq. Ft.
$362 / Sq. Ft.
2,792
Sq. Ft.
$362
per Sq. Ft.

Description

Welcome to the epitome of downtown living in New Smyrna Beach, where luxury and investment potential seamlessly merge. Nestled downtown on Rush Street in the bed-and-breakfast overlay, this multifamily gem is a testament to meticulous renovation and prime location. The property features a front house with four distinct apartments, providing a diverse mix of living spaces catering to various preferences. The front house includes two one-bedroom apartments and two two-bedroom apartments, ensuring versatility...Welcome to the epitome of downtown living in New Smyrna Beach, where luxury and investment potential seamlessly merge. Nestled downtown on Rush Street in the bed-and-breakfast overlay, this multifamily gem is a testament to meticulous renovation and prime location. The property features a front house with four distinct apartments, providing a diverse mix of living spaces catering to various preferences. The front house includes two one-bedroom apartments and two two-bedroom apartments, ensuring versatility for tenants seeking different configurations. In addition to the front house, there is an additional studio cottage on the property, allowing for a fifth unit to be rented as well. The layout maximizes privacy and convenience, with each unit equipped with its own meter for utilities and dedicated washer and dryer hookups. This thoughtful design adds a layer of independence for residents and makes this property an ideal investment for both short-term and long-term rental opportunities. A standout feature of this multifamily home is its adherence to high-quality craftsmanship, with no expense spared during the $450,000 renovation. Rain engineering ensures the structural integrity of the property, making it resilient against the coastal climate. Inside, every detail has been carefully considered – from all-new flooring to cabinets and quartz countertops throughout. The result is a harmonious blend of modern aesthetics and functionality, making this property a turnkey investment opportunity. Tucked away in the heart of downtown New Smyrna Beach, this multifamily home not only promises an exceptional return on investment but also offers a chance to be part of a vibrant community. With the flexibility of short-term rentals allowed, this property opens the door to a lucrative income stream, attracting both tourists and long-term tenants alike. Don't miss the chance to own a piece of urban paradise where luxury, location, and investment potential converge.
  1. Listed by Tara Lyall • THE HIGH TIDE GROUP

Property Details for 307 Rush Street

Subdivision Name
SMITHS D P NEW SMYRNA
Township
17S
Waterfront
No

Location

Listing Courtesy of THE HIGH TIDE GROUP, Tara Lyall
Add your commute
LISTING UPDATED: 04/11/2024 09:50 PM

Property Details for 307 Rush Street

StatusActive
MLS #NS1080603
Days on Market74
Taxes$5,524 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1920
Lot Size0.14 AC / 5,950 SF
CountyVolusia County

Location

Listing Courtesy of THE HIGH TIDE GROUP, Tara Lyall
Add your commute

Building Information for 307 Rush Street

Stories2Year Built1920Building Size-Lot Size0.14 AC / 5,950 SF

Payment Calculator

$5,972 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,512

Property Taxes

$460

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 307 Rush Street

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 3320.0
  • Building Area Units: Square Feet
  • Direction Faces: West
  • Directions: From US Hwy 1 go east onto Washington St and left onto Rush St.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 307
  • Street Name: RUSH
  • Street Suffix: STREET
  • State: FL
  • City: NEW SMYRNA BEACH
  • Between US 1 River YN: Yes
  • Geolocation: NSB Mainland:N of 44 E 95
Parking
  • Available For Lease: No
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 1
  • Tax Book Number: 1-111
  • Tax Legal Description: LOT 4 BLK 1 D P SMITHS NEW SMYRNA MB 1 PG 111 PER OR 5279 PG 3929 PER OR 6075 PG 1967 PER OR 6400 PGS 3680-3681 PER OR 6579 PG 4506 PER OR 8247 PG 1936 PER OR 8299 PG 3163
  • Tax Lot: 4
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 50x119
  • Parcel Number: 744127010040
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: 10R5
  • Living Area: 2792
  • Lot Dimensions: 50x119
  • ILS Total SQFT: 816.0
  • ILS Under Air SQFT: 384.0
Property and Assessments
  • Year Built Numeric: 1920
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 34E
  • Public Survey Section: 41
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Exterior Features: Other
  • Foundation Details: Slab
  • Levels: Two
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
  • Number Of Stories: 2
Interior Features
  • Bedrooms Total: 7
  • Bathrooms Full: 5
  • Appliances: Microwave, Range, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Luxury Vinyl
  • Heating: Electric
  • Interior Features: Ceiling Fans(s)
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 3.0
  • Water View: No
  • Bathrooms Half: 0
Room 1
  • Room Level 1: First
  • Room Type 1: Living Room
Room 2
  • Room Level 2: First
  • Room Type 2: Kitchen
Room 3
  • Room Level 3: First
  • Room Type 3: Primary Bedroom

Property History for 307 Rush 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 307 Rush Street

Taxable ValueLand$113,160Additions$204,787Total$317,947
Tax Record2023$5,524 ($460 / month)
Home Facts
Baths5Total Finished SqFt2,408 SqFtAbove Grade Finished SqFt2,408 SqFtStories1Lot Size5,950 SqFtStyleQuadraplexYear Built1920Year Renovated1967ZoningR5CountyVOLUSIAAPN7441-27-01-0040

Schools near 307 Rush Street

This home is within Volusia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Chisholm 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.

Similar Homes

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307 Rush Street is a single family home for sale in New Smyrna Beach, FL 32168. This property was listed for sale on February 12, 2024 by THE HIGH TIDE GROUP, it's currently listed at $1,010,000. It has been on the market for a total of 74 days and was last sold on August 11, 2022. This listing's school district is Volusia. Nearby schools include Chisholm Elementary School, New Smyrna Beach Middle School and New Smyrna Beach High School. 307 Rush Street is a 7-bed, 5-bath, 2,792 sqft single family home built in 1920.

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 THE HIGH TIDE GROUP, Tara Lyall

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: 04/11/2024 09:50 PM