New Smyrna Beach, FL 32168,307 RUSH ST
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New Smyrna Beach, FL 32168,307 RUSH ST
New Smyrna Beach, FL 32168,307 RUSH ST
New Smyrna Beach, FL 32168,307 RUSH ST
New Smyrna Beach, FL 32168,307 RUSH ST

$940,000

Est. payment /mo

$1,010,000

6.9%
Est.Price: ?

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307 RUSH ST New Smyrna Beach, FL 32168

7 Beds

5 Baths

2,792 SqFt

SOLD DATE : 08/30/2024

Key Details

Sold Price $940,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,792 sqft

Price per Sqft $336

Subdivision Smiths D P New Smyrna

MLS Listing ID NS1080603

Sold Date 08/30/24

Bedrooms 7

Full Baths 5

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1920

Annual Tax Amount $5,523

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50x119

Property 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 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.

Location

State FL

County Volusia

Community Smiths D P New Smyrna

Zoning 10R5

Interior

Interior Features Ceiling Fans(s)

Heating Electric

Cooling Central Air

Flooring Luxury Vinyl

Fireplace false

Appliance Microwave, Range, Refrigerator

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Other

Utilities Available Electricity Connected, Water Connected

Waterfront false

Roof Type Shingle

Garage false

Private Pool No

Building

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Construction Status Inspections

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by THE HIGH TIDE GROUP
Bought with THE HIGH TIDE GROUP

Stephen Michalakos

Senior Real Estate Advisor | License ID: SL3408427

+1(727) 601-8676

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