$8,000,000

173 Ocean Avenue, New Smyrna Beach, FL 32169

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$8,000,000

173 Ocean Avenue New Smyrna Beach, FL 32169

For Sale MLS# V4934381

3 beds3 baths2,574 sq ftSingle Family

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Data current as of 23/05/2024 06:50:24

Details for 173 Ocean Avenue

MLS# V4934381

Description for 173 Ocean Avenue, New Smyrna Beach, FL, 32169


Welcome to your slice of paradise in New Smyrna Beach, FL, where luxury meets potential investment opportunity! Nestled between the tranquil intercoastal river and the pristine shores of the Atlantic Ocean, this beautiful property boasts an enviable location just moments away from the vibrant Flagler Ave.Spread across over 1 acre of prime real estate, this gem offers endless possibilities, particularly for savvy investors looking to capitalize on its multifamily development potential.Ascending three floors, this exquisite residence harmoniously blends functionality with elegance. The ground floor presents a spacious three-car garage, providing ample storage and convenience for residents.Ascend to the second floor, where an inviting living room seamlessly flows into a gourmet kitchen, ideal for hosting gatherings and creating lasting memories. A thoughtfully placed bathroom adds convenience to this level.Journey to the pinnacle of luxury on the third floor, where tranquility awaits in the form of spacious bedrooms, complemented by three opulent bathrooms and a convenient laundry room, ensuring comfort and practicality for residents.Beyond the allure of the property itself, its location in one of the most coveted areas of New Smyrna Beach further enhances its desirability. With easy access to Flagler Ave, residents can indulge in the eclectic mix of boutiques, restaurants, and entertainment options just moments from their doorstep.For the discerning investor, this property represents not only a luxurious retreat but also a lucrative opportunity for multifamily development. With the potential to capitalize on the burgeoning demand for upscale housing in this coveted locale, the possibilities are limitless.Don't miss your chance to own a piece of paradise with unparalleled investment potential. Contact us today to seize this rare opportunity to turn dreams into reality along the shores of the enchanting India River and Peninsula

Listing Information


Property Type: Residential

Status: Active

Bedrooms: 3

Bathrooms: 3

Lot Size: 1.64 Acres

Square Feet: 2,574 sq ft

Year Built: 2005

Garage: Yes

Construction: Cement Siding,Concrete

Subdivision: N/A

Foundation: Slab

County: Volusia

Room Information


Upper Floor

Family Room: 12x16

Living Room: 16.5x23

Kitchen: 18x22.5

Bedroom 3: 6x16

Bedroom 2: 11.7x15.9

Primary Bedroom: 12.9x16.2

Bathrooms

Full Baths: 2

1/2 Baths: 1

Additonal Room Information

Laundry: Inside

Interior Features


Appliances: Ice Maker, Cooktop, Dishwasher, Disposal, Microwave, Range, Refrigerator

Flooring: Carpet,Tile,Wood

Additional Interior Features: Ceiling Fan(s), Cathedral Ceiling(s), Split Bedrooms, Vaulted Ceiling(s)

Utilities


Water: Public

Sewer: Public Sewer

Other Utilities: Other

Cooling: Attic Fan, Ceiling Fan(s), Central Air

Heating: Central

Exterior / Lot Features


Attached Garage: Attached Garage

Garage Spaces: 4

Roof: Metal

Additional Exterior/Lot Features: Sprinkler/Irrigation, Storm/Security Shutters

Driving Directions


E on 44, L on S Peninsula Ave, L on Ocean Ave

Financial Considerations


Terms: Cash,Conventional

Tax/Property ID: 16173400000012

Tax Amount: 3846

Tax Year: 2023

Price Changes


$8,000,000 Original Price
$8,000,000 Current Price
$0Total Change
Date Price Change
03/05/2024 09.12 AM $8,000,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 173 Ocean Avenue

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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