301 Live Oak Street, New Smyrna Beach, FL 32168

$1,385,000
4
BD
3
BA
3,448
SqFt

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List Price
$1,385,000
Price Change
▼ $5,000 1785733003
MLS#
O6371567
Bedrooms
4
Bathrooms
3
Baths Half
1
Sq. Ft
3,448
Lot Size
10,000
Subtype
Single Family
County
Volusia
Community
No Deed Restriction
Subdivision
Nsb- Central Bus District
Region
New Smyrna Beach
Year Built
1918

Property Description

NSB Oasis: The Ultimate TriPlex Turnkey Investment or Coastal "House Hack" (Seller Financing Available) Experience the pinnacle of New Smyrna Beach living with this rare, income-producing multi-unit property. Currently grossing six figures annually, this versatile property features a private backyard pool, making it a premier destination for vacationers and a high-value asset for investors. Seller financing may be available for qualified buyers. Potential terms may include interest rates ranging from approximately 5 to 7 and balloon periods ranging from 3 to 7 years. All financing terms, including down payment, interest rate, amortization, balloon date, and buyer qualification requirements, are subject to negotiation and seller approval. Your Private Coastal Retreat The heart of this property is the tropical backyard oasis. The sparkling private pool is a major draw for short-term guests, ensuring high occupancy and premium nightly rates year-round. Whether you’re hosting a poolside BBQ or offering a quiet retreat for tenants, this outdoor space sets the property apart from almost everything else in the area. Proven Revenue & Diversified Income Currently operating as a turnkey three-unit setup with an established performance history and a professional management team already in place: The Main Residence: A high-performing vacation rental centered around the pool experience. The Studio Suite: A steady long-term rental at $700+. The One-Bedroom Apartment: Freshly updated with new paint and carpet. Primed for $1,500+ monthly based on local demand for refreshed, walkable units. Expansion & Value-Add Potential Zoned for a 4th Unit: Current zoning allows for an additional unit, providing a massive opportunity to scale your income on the same lot. 900 Sq. Ft. Garage: A massive structure perfect for a workshop, "toy" storage for boats and golf carts, or future conversion into that fourth income stream. Located in a historic, highly desirable, and heart of downtown New Smyrna Beach: Canal Street District: Walk to historic shops, an art gallery, local eateries, and the Saturday Farmers Market. Sun & Surf: A short trip to the river and the iconic surfing of the Atlantic coast. Laid Back Life: Embrace the relaxed, "local" lifestyle that makes NSB one of Florida's most sought-after destinations. Whether you want a pure-play investment with a strong ROI, a multi-unit family compound, or a house-hack where you live in the main house and let the units pay your mortgage—this property is a rare find that checks every box.

Additional Information

Heating
Central
Cooling
Central Air
Roof
Shingle
Sewer
Public Sewer
Exterior Features
Courtyard, Lighting, Outdoor Grill, Sidewalk, Storage
Construction
Cement Siding, HardiPlank Type, Vinyl Siding
Living Area
3,448
Pool
Yes
High School
New Smyrna Beach High

Listing courtesy of XCELLENCE REALTY INC.. Contact: 866-595-6025

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