201 PALMETTO Street New Smyrna Beach, FL $ 1,499,000
201 PALMETTO Street
$ 1,499,000
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201 PALMETTO Street

New Smyrna Beach, FL, 32168
$ 1,499,000
Bedrooms6 Baths6.0 Sq 4,404

Monthly Estimate*

$ 8,978

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Multi-Family Home for sale in New Smyrna Beach, FL

for $1,499,000 with 6 bedrooms and 6 full baths. This 4,404 square foot home was built in 1922 on a lot size of 0.34.

A+ LOCATION *Beautiful Designer Rental* Operating 6-plex fully rented in downtown New Smyrna Beach. Located just one block of Canal Street, and two blocks from the Intracoastal, this remodeled building in the heart of downtown is ready to go! Tenants enjoy a beautiful, private living space with access to the shared courtyard, and onsite laundry facilities. Walk to all shopping and Dining, and the beach is only a 9 minute bike ride away. This unique location is AirBnB Legal, and allows for nightly, weekly, monthly, yearly rentals! Turn up the income by operating as an AirBnB!

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Multi-Family Active

Price

$ 1,499,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 9,901

Style

MultiFamily

Lot Size

0.34

Year Built

1922

Town/City

New Smyrna Beach

County/Region

Volusia

MLS | Web ID

1082608

Features
General
Interior Features CrownMolding HighCeilings OpenFloorplan StoneCounters WindowTreatments
Sewer PublicSewer Other
Heating Electric Other WindowUnit WallFurnace
Cooling Ductless
Utilities CableAvailable ElectricityConnected SewerConnected WaterConnected
Roof Metal
Appliances Range Refrigerator
Exterior Features SprinklerIrrigation
Zoning MU
Pool Features Other
Construction Materials HardiplankType
Year Built 1922
Tenant Pays Electricity Sewer TrashCollection Water
View City
Property SubType MultiFamily
Tax Year 2024
Community Features Sidewalks
County Volusia
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name ANDREWS NEW SMYRNA
Garage Y/N N
Special Listing Conditions None
Status Active
Directions Head east on FL-44 E toward Memorial Medical Pkwy Continue to Palmetto St. Turn Left. Destination will be the 6plex located on the right.
High School New Smyrna Beach High
City New Smyrna Beach
Senior Community Y/N N
NumberOfUnitsTotal 6
MLS Area 32168 - New Smyrna Beach
Lot Size Units Acres
Lot Size Square Feet 15000.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Electric On Property Y/N N
Elementary School Read Pattillo Elem
Land Lease Y/N N
Tax Annual Amount 9901.0
Home Warranty Y/N N
Middle/Junior High School New Smyrna Beach Middl
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/stellar/NS1082608
Living Area Units SquareFeet
Standard Status Active
Occupancy Type Vacant
Tax Lot 211
Total Actual Rent 9300.0
Property Sub Type Additional MultiFamily
Legal Description LOT 211 BLK 15 ANDREWS NEW SMYRNA PER OR 3068 PG 1082 PER OR 7276 PG 3178 PER OR 7302 PG 0347
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Interior
Basement CrawlSpace
Flooring Tile Wood
Fireplace Features Decorative LivingRoom
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Window Features WindowTreatments
Fireplace Y/N Y
Laundry Features CommonArea
Total Bedrooms 6
Total Baths 6
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Exterior
Parking Features OnStreet
Lot Features CornerLot CityLot
Water Source Public
Lot Size Area 0.34
Foundation Details Crawlspace
Spa N
Building Area Total 4528.0
Lot Dimensions 50X150
Lot Size Acres 0.34
Road Surface Type Asphalt
Number of Separate Electric Meters 6
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 201
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* Excluded Features
List By
Kincaid Realty

Broker

jamestfrost@gmail.com

Email

Affordability Calculator

$9,803
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,978
Monthly Property Taxes
$825
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4473227 Elementary School
4473228 Middle School
New Smyrna Beach High High School
Pricing History
DatePricePrice ChangeDescription
9/19/2024$1,499,000 Listed Price

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201 PALMETTO Street, New Smyrna Beach, FL, 32168 is a Multi-Family Home for sale at $1,499,000 with 4,404 sqft and a lot size of 0.34. 201 PALMETTO Street has 6 bedrooms, 6.0 baths, and was built in 1922. The property's zip code is 32168 which is in New Smyrna Beach, FL