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$5,690,000
1050 Wayne Ave, New Smyrna Beach, FL 32168
0 Beds
0 Baths
40,538 sqft

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Across the street from the New Smyrna Beach Golf Course - Property was just recently fully renovated top to bottom 37 units -24 units 2 bed 1 bath apartments and 13 units 3 bed 2 bath town-homes Each 2/1 is approximately 1012 sq ft each and Each 3/2 is approximately 1250 sq ft each with 61 parking spaces and an Extra Building pad to build a new building (8 units). All of these items are NEW: Roofs, Windows, Sliding Doors, Siding, Paint in and out, Bath and Kitchen cabinets, Granite counter tops, Stainless steel, Faucets, Carpet (upstairs), Vinyl (upstairs wet areas), Tile (downstairs), Sinks, Shower Valves, Common lighting, Repaved Parking Lot, Retention pond pump, Gutters, and Blinds. Most AC units new, Most new hot water heaters, Washer Dryer hookup in each unit. Recently new Certificate of Occupancy, Recently inspected by Fire Department and Building Officials. Units are filling up with more tenants every month and the property is over half full now.
  • Price:
  • $5,690,000
  • Square Footage:
  • 40,538
  • Acreage:
  • 4.14
  • Year Built:
  • 1980
  • Listing ID #:
  • 1041066
  • Street Address:
  • 1050 Wayne Ave
  • City:
  • New Smyrna Beach
  • State:
  • Florida
  • Postal Code:
  • 32168
  • County:
  • Volusia
  • Community:
  • Nsb Mainland:n Of 44 E 95
  • Listing Status:
  • Active
  • Construction Description:
  • Frame
  • Features:
  • Other, See Remarks
  • Number Of Units:
  • 37
  • Total Building Square Footage:
  • 40538
  • Type Of Roof:
  • Composition, Shingle
  • Year Built:
  • 1980
  • Business Type:
  • Commercial
  • Gross Income:
  • 557280
  • Lot Features:
  • City Lot, Other, See Remarks
  • Road Frontage Type:
  • County Road
  • Suitable Use:
  • Multi-Family, Other, See Remarks
  • Zoning Description:
  • Multifam 1
  • Community Features:
  • Gutter
  • Days On Market:
  • 603
  • Included In Sale:
  • Other-See Remarks
  • Originating Mls:
  • Nsbbor
  • Previous Listing Price:
  • 5700000
  • Parking Description:
  • Assigned, Guest
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • 1
  • Heating:
  • Central
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Flatfee.Com Inc.

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