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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

Overview

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.

Listing Details MLS# 535475

General Property Information

Number Of Units Total
16
Bedrooms Total
32
Living Area
840
Year Built
1995
Lot Size Dimensions
75x303
Association YN
No
Water Body Access 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.
List Price/SqFt
1125
Sold Price/SqFt
946.43

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

Contract Information

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

Status Change Information

Major Change Timestamp
2013-07-09T13:32:25Z
Major Change Type
Status Change
Price Change Timestamp
2013-02-07T14:32:25Z
Contingent Date
2013-05-30
Close Date
2013-07-08
Close Price
795000

Historical Information

Public Historical Remarks 1
Zoning (Text): R5; Meters: # Electric Meters: 16, # Gas Meters: 16, # Water Meters: 16; Franchise Opt In: No

More Information

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

Appliances

Electric Range
Yes
Refrigerator
Yes

Construction Materials

Block
Yes
Concrete
Yes
Stucco
Yes

Cooling

Central Air
Yes

Current Use

Mixed Use
Yes
Multi-Family
Yes
Single Family
Yes

Heating

Central
Yes

Lot Features

Other
Yes

Parking Features

Parking Lot
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes
Listing Office: The Keyes Company
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.

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