$899,995

200 LIVE OAK STREET, New Smyrna Beach, FL 32168

  • 4 beds |
  • 4 baths |
  • 2,268 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1903
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $397/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

Unlock the potential of 200 Live Oak Street, a stunning historic property in the heart of New Smyrna Beach’s vibrant Historic District. Recently rezoned for commercial/residential mixed-use (MU) with a B&B overlay and nightly rentals permitted, this property is a golden opportunity for investors, entrepreneurs, or those seeking a versatile coastal retreat. Just one block from the lively Canal Street and a 5-minute drive to Florida’s pristine beaches, this property blends timeless charm with modern income-generating possibilities. This newly zoned gem features four distinct units, making it ideal for a range of ventures—whether you envision a thriving Airbnb or short-term rental business, a charming coffee shop, a boutique retail space, a wellness studio, or a combination of residential and commercial uses. Situated on a spacious corner lot with excellent visibility, ample parking for vehicles, and prime signage opportunities, this property is designed to maximize your investment. Property Highlights: Four Versatile Units for Maximum Income Commercial Space (1,000 sq. ft., downstairs): Equipped with an ADA-compliant bathroom and expanded parking, perfect for a retail shop, café, or professional office. Residential Units: Three charming apartments (Unit A downstairs: 1 bed/1 bath; Units B & C upstairs: each 1 bed/1 bath), all fully furnished, all new appliances, and fully rented, delivering immediate cash flow from day one. Turnkey & Recently Upgraded: Ready for immediate use or rental operations with a new roof (Jan 2023, with warranty), vibrant tropical landscaping with shell groundcover (Feb 2023), and a transferable termite bond (tented Sep 2022) for worry-free ownership. Unbeatable Location: Steps from Canal Street’s eclectic shops, dining, and community events, and minutes from New Smyrna Beach’s iconic coastline. Just an hour from Orlando International Airport (MCO), it’s easily accessible for visitors, tenants, or owners. New Zoning, Endless Potential: The recent commercial/residential zoning opens the door to diverse income streams, from short-term rentals like Airbnb to operating a trendy coffee shop or boutique, all while maintaining steady residential rental income. This is more than a property—it’s a gateway to financial freedom and coastal living in one of Florida’s most desirable towns. With its newly zoned flexibility, four income-producing units, and prime location, this historic masterpiece offers unmatched versatility and charm. Whether you’re an investor seeking passive income or an entrepreneur ready to bring your vision to life, this property is your canvas. Act Fast – Opportunities Like This Don’t Last! Schedule a showing today to own a piece of New Smyrna Beach’s historic charm and unlock the full potential of this income-generating treasure.

Listing Status:
Active
Date Added:
December 5, 2024 at 06:00AM
Listing Office:
COLLADO REAL ESTATE : 386-427-0002
Listing Agent:
Ignacio Barsottelli : 386-401-8008
MLS ID:
NS1083201
  • General: Ceiling Fan(s)
  • Appliances: CooktopDishwasherDisposalDryerElectric Water HeaterIce MakerMicrowaveRangeRefrigeratorWasher
  • Laundry: Other
  • Flooring: LaminateTileHardwood
  • A/C: Central AirMini-Split Unit(s)
  • Heating: CentralElectricOther
  • Disability Feature: Accessible Approach with RampAccessible DoorsAccessible Entrance

This listing courtesy of Ignacio Barsottelli, COLLADO REAL ESTATE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Chisholm Elementary School

557 Ronnoc Ln, New Smyrna Beach, FL, 32168

Grades PK-5

0.75 miles away

N

New Smyrna Beach Middle School

1200 S Myrtle Ave, New Smyrna Beach, FL, 32168

Grades 6-8

1.32 miles away

N

New Smyrna Beach High School

1015 10th St, New Smyrna Beach, FL, 32168

Grades 9-12

1.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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