201 Palmetto Street

New Smyrna Beach, FL 32168

$1,499,000
Price
6
Beds
4,404 Sq. Ft.
$340 / Sq. Ft.
4,404
Sq. Ft.
$340
per Sq. Ft.

Description

A+ location Beautiful Designer Rental Operating 6-plex fully rented in downtown New Smyrna Beach. Located just one block of Canal Street, and two blocks from the Intracoastal, this remodeled building in the heart of downtown is ready to go! Tenants enjoy a beautiful, private living space with access to the shared courtyard, and onsite laundry facilities. Walk to all shopping and Dining, and the beach is only a 9 minute bike ride away. This unique location is AirBnB Legal, and allows for nightly,...A+ location Beautiful Designer Rental Operating 6-plex fully rented in downtown New Smyrna Beach. Located just one block of Canal Street, and two blocks from the Intracoastal, this remodeled building in the heart of downtown is ready to go! Tenants enjoy a beautiful, private living space with access to the shared courtyard, and onsite laundry facilities. Walk to all shopping and Dining, and the beach is only a 9 minute bike ride away. This unique location is AirBnB Legal, and allows for nightly, weekly, monthly, yearly rentals! Turn up the income by operating as an AirBnB!
  1. Listed by James Frost • KINCAID REALTY
  2. Listed by Marie Priest • OPPORTUNITY RTY & INVST PROP

Property Details for 201 Palmetto Street

Subdivision Name
ANDREWS NEW SMYRNA
Township
17
View
City
Waterfront
No
Furnished
Unfurnished
LISTING UPDATED: 09/25/2024 12:57 PM

Property Details for 201 Palmetto Street

StatusActive
MLS #NS1082608
Days on Market98
Taxes$9,901 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1922
Lot Size0.34 AC / 15,000 SF
CountyVolusia County

Building Information for 201 Palmetto Street

Stories-Residences6Year Built1922Building Size-Lot Size0.34 AC / 15,000 SF

Property Information for 201 Palmetto Street

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 4528.0
  • Building Area Units: Square Feet
  • Community Features: Sidewalk
  • Directions: Head east on FL-44 E toward Memorial Medical Pkwy, Continue to Palmetto St. Turn Left. Destination will be the 6plex located on the right.
  • Elementary School: Read Pattillo Elem
  • Middle Or Junior School: New Smyrna Beach Middl
  • High School: New Smyrna Beach High
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 201
  • Street Name: PALMETTO
  • Street Suffix: STREET
  • State: FL
  • City: NEW SMYRNA BEACH
  • Between US 1 River YN: Yes
  • Geolocation: NSB Mainland:N of 44 E 95
Parking
  • Carport: No
  • Garage: No
  • Parking Features: On Street
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 15
  • Tax Book Number: mb1-128
  • Tax Legal Description: LOT 211 BLK 15 ANDREWS NEW SMYRNA PER OR 3068 PG 1082 PER OR 7276 PG 3178 PER OR 7302 PG 0347
  • Tax Lot: 211
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Corner Lot, In City Limits
  • Lot Size Dimensions: 50X150
  • Parcel Number: 744138152110
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: MU
  • Living Area: 4404
  • Property Info: Walk-Up
  • Lot Dimensions: 50X150
Property and Assessments
  • Year Built Numeric: 1922
  • Flood Zone Code: X500
  • New Construction: No
  • Property Attached: No
  • Property Description: Walk-Up
  • Public Survey Range: 34
  • Public Survey Section: 41
  • Dock YN: No
Utilities
  • Sewer: Public Sewer, Other
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Num Electric Meters: 6.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: HardiPlank Type
  • Exterior Features: Irrigation System, Private Mailbox, Sidewalk
  • Foundation Details: Crawlspace
  • Pool Features: Other
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 6
  • Appliances: Range, Refrigerator
  • Cooling: Mini-Split Unit(s)
  • Fireplace Features: Decorative, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Heating: Electric, Other, Wall Units / Window Unit
  • Interior Features: Crown Molding, High Ceiling(s), Open Floorplan, Stone Counters, Window Treatments
  • Laundry Features: Common Area
  • Living Area Source: Estimated
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $105,000.00
  • Total Monthly Expenses: $1,300
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Heated Sq Ft 1: 880
  • Unit Type Number Of Units Occupied 1: 4
  • Unit Type Pro Forma 1: 6800
  • Unit Type Type 1: 1 Bed/1 Bath
  • Unit Type Units Total 1: 4
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Heated Sq Ft 2: 468
  • Unit Type Number Of Units Occupied 2: 2
  • Unit Type Pro Forma 2: 2500
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 2
Rental
Rental Information
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Total Actual Rent: $9,300

Property History for 201 Palmetto Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 201 Palmetto Street

Taxable ValueLand$180,000Additions$391,934Total$571,934
Tax Record2024$9,709 ($809 / month)
Home Facts
Baths6Total Finished SqFt3,468 SqFtAbove Grade Finished SqFt3,468 SqFtStories1Lot Size7,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1922Year Renovated1980ZoningR5CountyVOLUSIAAPN7441-38-15-2110Fireplace TypeHas Fireplace

Schools near 201 Palmetto Street

This home is within Volusia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Read-Pattillo Elementary School
PublicPK to 5

New Smyrna Beach Middle School
Public6 to 8

New Smyrna Beach High School
Public9 to 12

Samsula Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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201 Palmetto Street is a multi-family home for sale in New Smyrna Beach, FL 32168. This property was listed for sale on September 19, 2024 by KINCAID REALTY, it's currently listed at $1,499,000. It has been on the market for a total of 98 days and was last sold on January 12, 2018. This listing's school district is Volusia. Nearby schools include Read-Pattillo Elementary School, New Smyrna Beach Middle School and New Smyrna Beach High School. 201 Palmetto Street is a 6-bed, 0-bath, 4,404 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KINCAID REALTY, James Frost; OPPORTUNITY RTY & INVST PROP, Marie Priest

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 09/25/2024 12:57 PM