207 Palmetto STREET New Smyrna Beach, FL $ 1,150,000
207 Palmetto STREET
$ 1,150,000
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207 Palmetto STREET

New Smyrna Beach, FL, 32168
$ 1,150,000
Baths0.0 Sq 1,995

Monthly Estimate*

$ 7,643

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Studio

Commercial Property for sale in New Smyrna Beach, FL

for $1,150,000. This 1,995 square foot building was built in 1949 on a lot size of 0.18.

Bring all offers!! Discover an unparalleled opportunity to own a fully furnished and impeccably renovated duplex with mixed-use zoning—ideal for a store/office or residential purposes. This sale includes Unit 207 and 209, each offering 2 bedrooms and 1 bath. Perfectly situated just a stone's throw away from Canal St shops and restaurants, and a brief drive to the beach, this property is a masterpiece of modern comfort. Renovated in 2022, it features a new roof, upgraded plumbing, enhanced electrical systems, new windows, insulation, 2 advanced A/C units with new ductwork, tankless water heaters, a meticulous sprinkler system, a fenced-in yard, and a newly laid sewer line. Inside, indulge in luxury with vinyl plank flooring, real wood cabinets, crown molding, quartz countertops, stainless steel appliances, and stylish fixtures throughout. The bathrooms showcase new floor and shower tiles, an elegant vanity, frameless shower glass, and a contemporary toilet. The property underwent termite treatment during renovation, ensuring a pest-free environment. Each unit operates independently with separate electric, complemented by brand new interior and exterior electric panels. Currently utilized as a short-term rental, it comes with existing future bookings, making it a compelling investment opportunity.

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Commercial Active

Price

$ 1,150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,307

Style

Mixed Use

Lot Size

0.18

Year Built

1949

Town/City

New Smyrna Beach

County/Region

Volusia

MLS | Web ID

O6171038

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Public Underground Utilities Water Connected
Roof Shingle
Appliances Dishwasher Microwave Refrigerator Washer
Zoning 10R5
Security Features Smoke Detector(s)
Construction Materials Block Concrete
Year Built 1949
Levels One
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Sole Proprietor
County Volusia
New Construction No
Property Type Commercial Sale
Subdivision Name ANDREWS NEW SMYRNA
Facing Direction West
Status Active
Directions I-4 E to exit 118 A head east on 44 left on Palmetto St house is on the right.
City NEW SMYRNA BEACH
Buyer Agent Compensation 2.5%
MLS Area 32168 - New Smyrna Beach
Lot Size Square Feet 7947
Waterfront Y/N No
Street Name Palmetto
Listing Terms Cash Conventional
Tax Annual Amount 7307
Property Condition Completed
Public Remarks Bring all offers!! Discover an unparalleled opportunity to own a fully furnished and impeccably renovated duplex with mixed-use zoningideal for a store/office or residential purposes. This sale inclu
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6171038
Days on Market 105
Standard Status Active
Tax Lot 213
Legal Description LOT 213 BLK 15 ANDREWS NEW SMYRNA MB 2 PG 68 PER OR 5272 PGS 2635-2636 PER OR 6063 PGS 4896-4898 PER OR 6133 PG 2405 PER OR 6731 PG 3122 PER OR 8130 PGS 1812-1814 PER OR 8296 PG 0160
Water Access Y/N No
Water View Y/N No
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Interior
Flooring Luxury Vinyl Porcelain Tile Vinyl
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds Double Pane Windows Insulated Windows Window Treatments
Street Suffix STREET
Total Baths 0
Living Area Units Square Feet
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Exterior
Lot Features City Lot
Water Source Public
Lot Size Area 7947
Foundation Details Crawlspace
Number of Buildings 1
Building Area Total 2319
Lot Dimensions 50 x 150
Lot Size Acres 0.18
Road Surface Type Paved
Lot Size Units Square Feet
Road Frontage Type County Road Other
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* Excluded Features
List By
Spectrum Property Group Llc

Broker

alam@spectrumpropertygroup.com

Email

Affordability Calculator

$8,252
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,643
Monthly Property Taxes
$609
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$1,150,000 -8.00% Price Down
3/23/2024$1,250,000 -7.40% Price Down
1/17/2024$1,349,900 Listed Price

Map


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207 Palmetto STREET, New Smyrna Beach, FL, 32168 is a Commercial Property for sale at $1,150,000 with 1,995 sqft and a lot size of 0.18. 207 Palmetto STREET is a studio with 0.0 baths and was built in 1949. The property's zip code is 32168 which is in New Smyrna Beach, FL