204 PALMETTO STREET NEW SMYRNA BEACH, FL 32168

$1,599,000

6 Beds

6.5 Baths

3080 sqft

Property Details

MLS#

NS1088315

Type

Single Family Residence

Status

Active Listing

Square Footage

3,080

Bedrooms

6

Bathrooms

6 full | 1 half

Year Built

1916

Tax Amount

$9,082

Garage Spaces

2

Property Description

Beautifully restored historic two-story property located in the heart of highly sought after downtown New Smyrna Beach, Florida. This home is currently operating as a high income producing short-term rental with 5 years of proven reliable rental history and potential to easily increase earnings. This exceptional multi-use property features several layouts controlled by lockouts within the main home, offering endless flexibility for investors, business owners, or residential living. This home is a Multi Use Zoning!! Step outside into your own private tropical oasis featuring a luxurious pool and relaxation area designed for entertaining and resort style enjoyment. The detached oversize garage includes an additional upstairs apartment that can function as a spacious two bedroom, two bath residence for additional income potential. In addition, the garage is already equipped with rough-in plumbing so it can be converted to additional living space but is currently being used as an oversized two car garage. Electric is also upgraded and ready for an EV charging station if desired. The entire property has been thoughtfully renovated, blending historic charm with modern upgrades and exceptional attention to detail throughout. Whether you are looking for a primary residence, an income producing property, multi-generational living, mixed use opportunity, or a combination of all 4, this rare downtown gem offers unlimited possibilities. Located in the heart of historic downtown just steps away from restaurants, shopping, entertainment, the intercoastal waterway, and under 2 miles to the beach; this spectacular property is truly one of a kind. You do not want to miss the opportunity to own this beautiful masterpiece in one of the most desired areas of New Smyrna Beach!! No stone was left unturned in this Beauty!!

Amenities

Cooling:Central Air, Mini-Split Unit(s)

Balcony

Courtyard

Lighting

Private Entrance

Private Yard

Rain Gutters

Sliding Doors

Ceiling Fan(s)

High Ceilings

PrimaryBedroom Upstairs

Solid Surface Counters

Stone Counters

Thermostat

Walk-In Closet(s)

Window Treatments

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