822 Hope Avenue, New Smyrna Beach, FL 32169 (MLS# 1083029)

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

Overview

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 abou ... (Read more)

Listing Details MLS# 1083029

General Property Information

Number Of Units Total: 3
Bedrooms Total: 5
Living Area: 2679
Year Built: 1951
Lot Size Acres: 0.14
Association YN: Yes
Water Body Access YN: No
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
List Price/SqFt: 363.94
Sold Price/SqFt: 343.78
Association Fee 2: 0

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

Contract Information

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

Status Change Information

Major Change Timestamp: 2021-07-30T17:50:12Z
Major Change Type: Status Change
Contingent Date: 2021-06-11
Purchase Contract Date: 2021-06-11
Close Date: 2021-07-29
Close Price: 921000

Income and Expenses

Gross Income: 1750
Gross Scheduled Income: 21000

More Information

Unit 1 Details

Unit ID: 824
Actual Rent: 1125
Full Baths Total: 2
Furnished: Unfurnished

Unit 2 Details

Unit ID: 822
Actual Rent: 675
Full Baths Total: Yes
Furnished: Unfurnished

Unit 3 Details

Unit ID: 826
Actual Rent: 950
Full Baths Total: 2
Furnished: Unfurnished

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

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

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

Block: Yes
Concrete: Yes
Frame: Yes

Cooling

Central Air: Yes

Current Use

Multi-Family: Yes

Heating

Central: Yes

Laundry Features

In Unit: Yes

Owner Pays

Exterior Maintenance: Yes
Insurance: Yes
Taxes: Yes

Parking Features

Off Street: Yes

Roof

Shingle: Yes

Tenant Pays

Electricity: Yes
Water: Yes

Utilities

Sewer Available: Yes

Water Source

Public: Yes

Listing Office: Magnolia Properties

Last Updated: September - 23 - 2024

Information deemed reliable but not guaranteed.

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