822 Hope Avenue, New Smyrna Beach, FL 32169
$921,000
Property Type:
Residential Income
Bedrooms:
5
Square Footage:
3,529
Lot Size (sq. ft.):
6,098
Status:
Closed
Current Price:
$921,000
List Date:
4/23/2021
Last Modified:
9/23/2024
Description
Beachside triplex in the SHORT TERM RENTAL zone, appx 1000 feet from the beach. Total of 5 bedrooms, 5 baths in all, set-up as a 1/1, 2/2 and larger 2/2. All units are separately metered for electric, water & sewer. Tenants pay all utilities. Almost totally rebuilt in 1997 with enclosed porches added in 2002. LVP flooring recently added. Roof 2016. Each unit includes a range, refrigerator, dishwasher, washer, dryer and each has an enclosed Florida Room entry and rear porch, too. Ample parking for tenants, owners and their guests. The property is UNDER-RENTED to long term tenants (824 has lease until 04.30.2022 at $1,125 per month, and others are month to month $675 and $950). With 2679 sq ft living area and 3529 sq ft total area, this 100x117 multi-family zoned property offers opportunity
Supplements: for combination of long and short term rentals, family compound and/or owner who wants income and have a place of their own, as well as the possibility of subdividing. Located on a quiet street just a few blocks to Detwiler Park tennis, basketball & playground, 700 feet to Marianne Clancy Park, 7 blocks to Flagler Ave restaurants and shops and about half a mile to Publix.
More Information MLS# 1083029
Location, Tax, and Legal
Country: US
Parcel Number: 7416-01-03-0190
Tax Annual Amount: 8702
Tax Year: 2020
Tax Legal Description: 16-17-34 LOTS 19 & 20 BLK C HORTON SHORES MB 10 PG 42 PER OR 4447 PG 3349 PER OR 5480 PG 0891
Currently Not Used
Bedrooms Total: 5
Living Area Source: Other
Building Area Total: 3529
Year Built: 1951
New Construction YN: No
Carport YN: No
Pool Private YN: No
General Property Information
Lot Size Acres: 0.14
Living Area: 2679
Number Of Units Total: 3
Association YN: Yes
Association Fee 2: 0
Directions: From Flagler Avenue go south on South Atlantic Ave and make a right on Hope Avenue. Property is on your left.
Public Remarks: Beachside triplex in the SHORT TERM RENTAL zone, appx 1000 feet from the beach. Total of 5 bedrooms, 5 baths in all, set-up as a 1/1, 2/2 and larger 2/2. All units are separately metered for electric, water & sewer. Tenants pay all utilities. Almost totally rebuilt in 1997 with enclosed porches added in 2002. LVP flooring recently added. Roof 2016. Each unit includes a range, refrigerator, dishwasher, washer, dryer and each has an enclosed Florida Room entry and rear porch, too. Ample parking for tenants, owners and their guests. The property is UNDER-RENTED to long term tenants (824 has lease until 04.30.2022 at $1,125 per month, and others are month to month $675 and $950). With 2679 sq ft living area and 3529 sq ft total area, this 100x117 multi-family zoned property offers opportunity
Water Body Access YN: No
List Price/SqFt: 363.94
Sold Price/SqFt: 343.78
Bedrooms Total: 5
Year Built: 1951
Status Change Information
Contingent Date: 2021-06-11
Major Change Timestamp: 2021-07-30T17:50:12Z
Major Change Type: Status Change
Purchase Contract Date: 2021-06-11
Close Date: 2021-07-29
Close Price: 921000
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Construction Materials
Block: 1
Concrete: 1
Frame: 1
Cooling
Central Air: 1
Current Use
Multi-Family: 1
Heating
Central: 1
Income and Expenses
Gross Income: 1750
Gross Scheduled Income: 21000
Laundry Features
In Unit: 1
Owner Pays
Exterior Maintenance: 1
Insurance: 1
Taxes: 1
Parking Features
Off Street: 1
Roof
Shingle: 1
Tenant Pays
Electricity: 1
Water: 1
Unit 1 Details
Unit ID: 824
Actual Rent: 1125
Beds Total: 2
Full Baths Total: 2
Furnished: Unfurnished
Unit 2 Details
Unit ID: 822
Actual Rent: 675
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit 3 Details
Unit ID: 826
Actual Rent: 950
Beds Total: 2
Full Baths Total: 2
Furnished: Unfurnished
Utilities
Sewer Available: 1
Water Source
Public: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): R-4; Meters: # Electric Meters: 3, # Water Meters: 3; Road Frontage: 100; Depth: 117; Franchise Opt In: No
Contract Information
Current Price: $921,000
Sold Price: $921,000
Status: Closed
Listing Contract Date: 2021-04-22
Property Sub Type: Triplex
Location Tax and Legal
Street Number: 822
Street Name: Hope
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32169
Subdivision Name: Not In Subdivision
MLS Area Major: 70 - New Smyrna Beach E of 95
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Construction Materials: Block; Concrete; Frame
Cooling: Central Air
Current Use: Multi-Family
Heating: Central
Laundry Features: In Unit
Owner Pays: Exterior Maintenance; Insurance; Taxes
Parking Features: Off Street
Roof: Shingle
Tenant Pays: Electricity; Water
Utilities: Sewer Available
Water Source: Public
Listing Office:
Magnolia Properties
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.