418 S Myrtle Avenue, New Smyrna Beach, FL 32168
$795,000
Property Type:
Residential Income
Bedrooms:
32
Square Footage:
840
Status:
Closed
Current Price:
$795,000
List Date:
9/06/2012
Last Modified:
9/23/2024
Description
Here is the investment opportunity you have been waiting for! This property is a great income producer, and has boundless potential to be extremely lucrative. 8 buildings/16 units each 2 bed/2 bath. 12 of the units were built in 1995 and the other 4 were built in 2001. Approximate average rent is $670/mo. Units include; Refrigerators, gas stoves & gas hot water heater.
More Information MLS# 535475
Location, Tax, and Legal
Country: US
Parcel Number: 741922000100
Tax Annual Amount: 7464
Tax Year: 2010
Tax Legal Description: LOTS 10 THRU 12 INC SAMS SUB LOT 12 MODEL LAND CO ADD NEW SMYRNA INC PER OR 4926 PG 1563
Currently Not Used
Bedrooms Total: 32
Living Area Source: Appraiser
Building Area Total: 840
Year Built: 1995
New Construction YN: No
Carport YN: No
Pool Private YN: No
Parking Total: 18
General Property Information
Lot Size Dimensions: 75x303
Living Area: 840
Number Of Units Total: 16
Association YN: No
Directions: SR 44 east to Myrtle, south on Myrtle, to 418 S. Myrtle
Public Remarks: Here is the investment opportunity you have been waiting for! This property is a great income producer, and has boundless potential to be extremely lucrative. 8 buildings/16 units each 2 bed/2 bath. 12 of the units were built in 1995 and the other 4 were built in 2001. Approximate average rent is $670/mo. Units include; Refrigerators, gas stoves & gas hot water heater.
Water Body Access YN: No
List Price/SqFt: 1125
Sold Price/SqFt: 946.43
Bedrooms Total: 32
Year Built: 1995
Status Change Information
Contingent Date: 2013-05-30
Major Change Timestamp: 2013-07-09T13:32:25Z
Major Change Type: Status Change
Price Change Timestamp: 2013-02-07T14:32:25Z
Close Date: 2013-07-08
Close Price: 795000
Appliances
Electric Range: 1
Refrigerator: 1
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Current Use
Mixed Use: 1
Multi-Family: 1
Single Family: 1
Heating
Central: 1
Lot Features
Other: 1
Parking Features
Parking Lot: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): R5; Meters: # Electric Meters: 16, # Gas Meters: 16, # Water Meters: 16; Franchise Opt In: No
Contract Information
Current Price: $795,000
Sold Price: $795,000
Status: Closed
Listing Contract Date: 2012-09-06
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 418
Street Direction Prefix: S
Street Name: Myrtle
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32168
Subdivision Name: Not In Subdivision
MLS Area Major: 70 - New Smyrna Beach E of 95
Property Features
Appliances: Electric Range; Refrigerator
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air
Current Use: Mixed Use; Multi-Family; Single Family
Heating: Central
Lot Features: Other
Parking Features: Parking Lot
Roof: Shingle
Sewer: Public Sewer
Water Source: Public
Listing Office:
The Keyes Company
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.