Active

173 OCEAN AVE

NEW SMYRNA BEACH FL, 32169

$8,000,000


$3,108.00 per sqft

Active

3 Beds

2.5 Baths

2,574 sqft

Residential

Built in 2005

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

V4934381

MLS ID

February 1, 2024

Listed

March 22, 2024

Updated

Map

173 OCEAN AVE
NEW SMYRNA BEACH FL, 32169

Interior Features

Total Stories

3


Bedrooms

3 Beds


Bathrooms

2.5 Baths


Interior Features

Attic Fan, Cathedral Ceiling(s), Ceiling Fans(s), Split Bedroom, Vaulted Ceiling(s)


Appliances

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


Laundry Description

Inside


Floor Description

Carpet, Tile, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

1.64 Acres


Exterior Features

Hurricane Shutters, Irrigation System


Roof

Metal


Sewer

Public Sewer

Other Property Details

Area Name

32169 - New Smyrna Beach


Taxes

$3,846


Tax Frequency

Annually


Days on Market

23


Garage

Yes


Garage Spaces

4


View

No


County

Volusia


Municipality

17


Water Source

Public


Pool

No


Zoning

R2


Buyer Agency Compensation

3%

Listed by Cheryl Gray, with REALTY PROS ASSURED
Listing Contact: 386-677-7653 

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Data last updated 3/22/2024, 3:11 PM UTC

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