Your Realtor for Life!
Address
2008 Hill STREET, NEW SMYRNA BEACH, FL
Price
$ 1,350,000
Property Attributes
  • MLS#O6166070
  • TypeIncome
  • CountyVOLUSIA
  • CityNEW SMYRNA BEACH
  • AreaNew Smyrna Beach
  • NeighborhoodNew Smyrna Beach
  • Zip32169
  • StyleTriplex
  • Year Built1998
  • Taxes$ 12195
  • Price$ 1,350,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage3025
  • Lot Size10,019 SqFt
Data Source:
Stellar MLS
Property Description

"Price Reduction: Seller Highly Motivated" "Exceptional Short-Term Rental Investment – T-Shaped Triplex Opportunity! Discover the extraordinary potential of this meticulously crafted multifamily gem, perfectly suited for short-term vacation rentals. Situated in a non-flood zone, this T-shaped triplex stands out as a premier investment opportunity. Key Features: next to the BEACH! Prime Location and Ample Parking: Strategically positioned for convenient access to key areas. Boasts a 3-car garage, additional parking for four vehicles, a carport, and an extra parking spot on Hill St. Unit Layout and Amenities: Each of the three units offers 2 bedrooms and 2 bathrooms, totaling 6 bedrooms and 6 baths. Recent upgrades include three replaced A/C units and a brand-new Generac generator with buried propane pipeage for reliable power backup. Stylish and durable with new shingled double hip roofs. Convenience and Security: Custom-made corrugated hurricane shutters ensure both convenience and security, with an installation time of just 5 minutes. Inside laundry rooms in each unit equipped with washers and dryers for added tenant convenience. Appliances and Landscaping: Property features three refrigerators, three stoves, and three above-stove microwaves. Beautiful Florida living landscaping showcasing 16 palm trees eliminates the need for grass maintenance. Safety Measures: Three security/storm doors enhance safety and protection. Expansive Ownership: Situated on two lots, providing ownership of the block from Eastside Atlantic Ave, 11th Ave & Hill St. Investment Potential: Zoned for vacation rentals, offering an exceptional opportunity for both immediate income generation and long-term value. Modern upgrades and versatile zoning transform this triplex into not just a residence but an investment with limitless potential. Don't miss out on the opportunity to own a prime short-term rental property. Schedule a viewing today to secure your stake in this exceptional venture! Invest wisely and capitalize on the opportunities this property presents!"

Price History
12/28/2023 Listed $1,469,000
2/11/2024 9% - $1,350,000

General Features

Interior Features Accessibility Features,Ceiling Fans(s),Eating Space In Kitchen,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Ninguno,Primary Bedroom Main Floor,Thermostat,Walk-In Closet(s),Window Treatment
Sewer Public Sewer
Heating Central,Electric,Natural Gas
Cooling Central Air
Utilities Cable Connected,Electricity Connected,Natural Gas Connected,Phone Available,Public,Sewer Connected
Roof Shingle
Appliances Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Other,Range,Refrigerator,Tankless Water Heater
Exterior Features Courtyard,Fenced,Garden,Hurricane Shutters,Lighting,Other,Outdoor Grill,Outdoor Shower,Sidewalk,Storage
Zoning 10R6
Garage Spaces 3
Patio/Porch Features Porch
Security Features Secured Garage/Parking
Construction Materials Block,Concrete
Year Built 1998
Property SubType Triplex
Tax Year 2023
Percent Ownership Fee Simple
Accessibility Accessible Bedroom,Accessible Full Bath,Accessible Kitchen
County Volusia
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Attached Garage Yes
Subdivision Name NEW SMYRNA BEACH
Garage Y/N Yes
Other Structures Other
Status Active
Directions Exit 95 to 44 E,cross S Causeway to beach,head south on S Atlantic and building will be on left.
City NEW SMYRNA BEACH
Buyer Agent Compensation 2%
Body of Water Atlantic Ocean
Senior Community Y/N Yes
Total Units 3
MLS Area 32169 - New Smyrna Beach
Lot Size Square Feet 10000
Private Pool No
Waterfront Y/N No
Carport Spaces 1
Carport Y/N Yes
Street Name Hill
Tax Annual Amount 12195.27
Public Remarks Price Reduction: Seller Highly Motivated Exceptional Short-Term Rental Investment T-Shaped Triplex Opportunity! Discover the extraordinary potential of this meticulously crafted multifamily gem,
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6166070
Days on Market 45
Standard Status Active
Tax Lot 11
Legal Description LOTS 11 & 12 BLK 11 NEW SMYRNA BEACH PER OR 5088 PG 1226 PER OR 7053 PG 4775 PER OR 7059 PG 2651 PER OR 7068 PG 1703
Water Access Type Beach
Minimum Lease No Minimum

Interior Features

Flooring Concrete,Laminate,Tile
Common Walls Corner Unit
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Shades,Shutters
Fireplace Y/N No
Street Suffix STREET
Laundry Features Electric Dryer Hookup,Inside,Laundry Room,Other,Washer Hookup
Total Bedrooms 6
LivingAreaSource Owner
Total Baths 6
Living Area Units Square Feet

Exterior Features

Parking Features Garage Door Opener,Garage Faces Rear,Garage Faces Side,Golf Cart Parking,Guest,Open,Workshop in Garage
Lot Features CoastalConstruction Control Line,Corner Lot,Near Public Transit,Oversized Lot,Sidewalk
Water Source Public
Lot Size Area 10000
Foundation Details Concrete Perimeter,Other,Slab
Number of Buildings 3
Building Area Total 4098
Lot Dimensions 100 x 100
Lot Size Acres 0.23
Road Surface Type Asphalt,Dirt,Paved
Lot Size Units Square Feet
Covered Spaces 4
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 32169

Price
AVG $1M
$1.35M
Taxes
AVG $12,195
$12,195
Visits
AVG 186
134
Data Provided by Inside Real Estate®
Year Built
AVG 1964
1998