301 LIVE OAK STREET NEW SMYRNA BEACH, FL 32168

$1,450,000

4 Beds

2.5 Baths

3448 sqft

Property Details

MLS#

O6371567

Type

Single Family Residence

Status

Active Listing

Square Footage

3,448

Bedrooms

4

Bathrooms

2 full | 1 half

Year Built

1918

Tax Amount

$14,402

Garage Spaces

2

Property Description

NSB Oasis: The Ultimate TriPlex Turnkey Investment or Coastal "House Hack" Experience the pinnacle of New Smyrna Beach living with this rare, income-producing multi-unit property. Currently grossing six figures annually, this versatile property features a private backyard pool, making it a premier destination for vacationers and a high-value asset for investors. Your Private Coastal Retreat The heart of this property is the tropical backyard oasis. The sparkling private pool is a major draw for short-term guests, ensuring high occupancy and premium nightly rates year-round. Whether you’re hosting a poolside BBQ or offering a quiet retreat for tenants, this outdoor space sets the property apart from almost everything else in the area. Proven Revenue & Diversified Income Currently operating as a turnkey three-unit setup with an established performance history and a professional management team already in place: The Main Residence: A high-performing vacation rental centered around the pool experience. The Studio Suite: A steady long-term rental at $700+. The One-Bedroom Apartment: Freshly updated with new paint and carpet. Primed for $1,500+ monthly based on local demand for refreshed, walkable units. Expansion & Value-Add Potential Zoned for a 4th Unit: Current zoning allows for an additional unit, providing a massive opportunity to scale your income on the same lot. 900 Sq. Ft. Garage: A massive structure perfect for a workshop, "toy" storage for boats and golf carts, or future conversion into that fourth income stream. Located in a historic, highly desirable, and heart of downtown New Smyrna Beach: Canal Street District: Walk to historic shops, an art gallery, local eateries, and the Saturday Farmers Market. Sun & Surf: A short trip to the river and the iconic surfing of the Atlantic coast. Laid Back Life: Embrace the relaxed, "local" lifestyle that makes NSB one of Florida's most sought-after destinations. Whether you want a pure-play investment with a strong ROI, a multi-unit family compound, or a house-hack where you live in the main house and let the units pay your mortgage—this property is a rare find that checks every box.

Amenities

Cooling:Central Air

Courtyard

Lighting

Outdoor Grill

Sidewalk

Storage

Ceiling Fan(s)

Dry Bar

High Ceilings

Living Room/Dining Room Combo

Solid Surface Counters

Solid Wood Cabinets

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