$5,700,000

1050 WAYNE AVENUE, NEW SMYRNA BEACH, FL 32168

40,538

Sq.ft

$141

/sq.ft

Days on Purplebricks: 191

Property Description

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 (rent is $1095/m) and 13 units 3 bed 2 bath town-homes (rent is $1195/m)
Each 2/1 is approximately 1012 sq ft each and Each 3/2 is approximately 1250 sq ft each with a total of 40,538 total sq ft
Approximately 4.13 acres of land with 61 parking spaces for 6 buildings 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. Take over now and raise the rents higher on new incoming tenants.

Features

  • Property Type:

    • Other
  • County:

    • Volusia
  • Year Built:

    • 1980
  • Exterior Features:

    • Lighting
  • Lot Features:

    • Oversized Lot
    • Street Paved
    • Street Private
  • Parking Features:

    • Circular Driveway
    • Common
  • Lot Area:

    • 180330
  • Floor Laundry:

    • No
  • Health Club:

    • No
  • Storage:

    • No
  • Unit Washer-Dryer Allowed:

    • No
  • MLS Name: MFRMLS
  • MLS Number: O5769726
  • Listing Agent: Matt Merdian
  • Brokerage: EMPIRE NETWORK REALTY
  • Last updated: 2019-03-15
  • Last checked: 2019-07-19
  • Listing status: Active

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$5,700,000

1050 WAYNE AVENUENEW SMYRNA BEACH, FL 32168

Bed0 Bath
40,538 Sq.ft$141/sq.ftOther
191 days on Purplebricks

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