307 Rush STREET New Smyrna Beach, FL $ 1,010,000
307 Rush STREET
$ 1,010,000
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307 Rush STREET

New Smyrna Beach, FL, 32168
$ 1,010,000
Bedrooms7 Baths5.0 Sq 2,792

Monthly Estimate*

$ 6,713

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Single Family Home for sale in New Smyrna Beach, FL

for $1,010,000 with 7 bedrooms and 5 full baths. This 2,792 square foot home was built in 1920 on a lot size of 0.14.

Welcome to the epitome of downtown living in New Smyrna Beach, where luxury and investment potential seamlessly merge. Nestled downtown on Rush Street in the bed-and-breakfast overlay, this multifamily gem is a testament to meticulous renovation and prime location. The property features a front house with four distinct apartments, providing a diverse mix of living spaces catering to various preferences. The front house includes two one-bedroom apartments and two two-bedroom apartments, ensuring versatility for tenants seeking different configurations. In addition to the front house, there is an additional studio cottage on the property, allowing for a fifth unit to be rented as well. The layout maximizes privacy and convenience, with each unit equipped with its own meter for utilities and dedicated washer and dryer hookups. This thoughtful design adds a layer of independence for residents and makes this property an ideal investment for both short-term and long-term rental opportunities. A standout feature of this multifamily home is its adherence to high-quality craftsmanship, with no expense spared during the $450,000 renovation. Rain engineering ensures the structural integrity of the property, making it resilient against the coastal climate. Inside, every detail has been carefully considered – from all-new flooring to cabinets and quartz countertops throughout. The result is a harmonious blend of modern aesthetics and functionality, making this property a turnkey investment opportunity. Tucked away in the heart of downtown New Smyrna Beach, this multifamily home not only promises an exceptional return on investment but also offers a chance to be part of a vibrant community. With the flexibility of short-term rentals allowed, this property opens the door to a lucrative income stream, attracting both tourists and long-term tenants alike. Don't miss the chance to own a piece of urban paradise where luxury, location, and investment potential converge.

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Single Family Active

Price

$ 1,010,000

Bedrooms

7

Full Bath

5

Property Type

Single Family

Taxes

$ 5,523

Style

Single Family Residence

Lot Size

0.14

Year Built

1920

Town/City

New Smyrna Beach

County/Region

Volusia

MLS | Web ID

NS1080603

Features
General
Interior Features Ceiling Fan(s)
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Electricity Connected Water Connected
Roof Shingle
Appliances Microwave Range Refrigerator
Exterior Features Other
Zoning 10R5
Construction Materials Wood Frame
Year Built 1920
Levels Two
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
County Volusia
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name SMITHS D P NEW SMYRNA
Facing Direction West
Garage Y/N No
Total Rooms 3
Status Active
Directions From US Hwy 1 go east onto Washington St and left onto Rush St.
City NEW SMYRNA BEACH
Buyer Agent Compensation 2.5%
Senior Community Y/N No
MLS Area 32168 - New Smyrna Beach
Lot Size Square Feet 5950
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Rush
Tax Annual Amount 5523.72
Public Remarks Welcome to the epitome of downtown living in New Smyrna Beach where luxury and investment potential seamlessly merge. Nestled downtown on Rush Street in the bed-and-breakfast overlay this multifamily
Lease Considered Y/N No
Days on Market 57
Standard Status Active
Tax Lot 4
Legal Description LOT 4 BLK 1 D P SMITHS NEW SMYRNA MB 1 PG 111 PER OR 5279 PG 3929 PER OR 6075 PG 1967 PER OR 6400 PGS 3680-3681 PER OR 6579 PG 4506 PER OR 8247 PG 1936 PER OR 8299 PG 3163
Water Access Y/N No
ILS Total SQFT 816
ILS Under Air SQFT 384
Water View Y/N No
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Interior
Flooring Luxury Vinyl
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 5
Half Baths 0
Street Suffix STREET
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 7
Total Baths 5
Living Area Units Square Feet
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Exterior
Water Source Public
Lot Size Area 5950
Foundation Details Slab
Building Area Total 3320
Lot Dimensions 50 x 119
Lot Size Acres 0.14
Road Surface Type Asphalt
Lot Size Units Square Feet
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* Excluded Features
List By
The High Tide Group

Broker

tara@floridahightide.com

Email

Affordability Calculator

$7,173
Per Month
94%
6%
0%
Monthly Principal & Interest
$6,713
Monthly Property Taxes
$460
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$1,010,000 -8.18% Price Down
2/14/2024$1,100,000 Listed Price

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307 Rush STREET, New Smyrna Beach, FL, 32168 is a Single Family Home for sale at $1,010,000 with 2,792 sqft and a lot size of 0.14. 307 Rush STREET has 7 bedrooms, 5.0 baths, and was built in 1920. The property's zip code is 32168 which is in New Smyrna Beach, FL