Listing Details for MLS # NS1083201
200 Live Oak Street, New Smyrna Beach, Fl 32168

Residential Property - Single Family Residence in New Smyrna Beach

Listing Price: $899,000Days on Market: 2

Description of Property

BACK ON THE MARKET – BUYER’S FINANCING FELL THROUGH! Welcome to 200 Live Oak Street, a historic treasure in the heart of New Smyrna Beach’s Historic District. Just one block from the vibrant Canal Street and only 5 minutes from pristine Florida beaches, this property offers the perfect blend of charm, location, and opportunity. Zoned Mixed-Use (MU) with nightly rentals permitted and located within the B&B overlay, this versatile property also allows for Airbnb and short-term rentals, making it a fantastic investment opportunity. The property includes four separate units: a 1,000 sq. ft. downstairs commercial space with an ADA-compliant bathroom and expanded parking, and three residential units—Unit A downstairs, featuring 1 bedroom and 1 bathroom, and Units B and C upstairs, each offering 1 bedroom and 1 bathroom. It is fully rented, generating immediate income for the new owner. This turnkey property comes fully furnished, ready for use or continued rental operations. Recent upgrades include a new roof (January 2023) with warranty, tropical landscaping with shell groundcover (February 2023), and a transferable termite bond (tented September 2022). Situated on a spacious corner lot, it boasts excellent visibility, ample parking for vehicles, boats, or trailers, and prime signage opportunities. Whether you envision operating a boutique, coffee shop, wellness studio, or maintaining its thriving status as a short-term rental property, the possibilities are endless. Ideally located just an hour from Orlando International Airport (MCO), steps from Canal Street's shops, dining, and events, and minutes from the beach, this rare gem offers charm and potential in one of Florida’s most desirable coastal towns. Don’t miss this opportunity to own a fully furnished, fully rented, income-generating property in historic New Smyrna Beach!The average asking price for a 4 bedroom/4 bath single family residence in this Zip code is $2,131,333. This single family residence is listed at about 42% of the average asking price. This is the only 4 bedroom/4 bath single family residence between $800,000 and $1,000,000 currently listed for sale in this Zip code.