204 Palmetto Street, New Smyrna Beach, FL 32168

$1,599,000
5
BD
7
BA
3,080
SqFt

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List Price
$1,599,000
MLS#
NS1088315
Type
Single Family Residential
Property Style
Single Family
Bedrooms
5
Bathrooms
7
Living Area
3,080
Lot Size
7,966
Subdivision
Andrews Prop
Year Built
1916

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!!

Additional Information

Community Features
Street Lights, No Deed Restriction
Exterior Construction
Block, Cement Siding, Stucco, Frame
Style
Two Story
Interior
Ceiling Fans(s), High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Interior Features
Ceiling Fans(s), High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Appliances
Dishwasher, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
Exterior
Balcony, Courtyard, Lighting, Private Entrance, Private Yard, Rain Gutters, Sliding Doors
Roof
Metal, Shingle
High School
New Smyrna Beach High
Middle School
New Smyrna Beach Middl
Elementary School
Read Pattillo Elem
Extra Rooms
Attic, Garage Apartment
Located Near
Historic District, City Limits, Landscaped, Level, Near Golf Course, Near Marina, Private, Sidewalk, Paved
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Floor
Concrete, Luxury Vinyl, Tile
Heating
Central, Other
Cooling
Central Air, Mini-Split Unit(s)
Pool
Yes
Pool Type
Private

Listing courtesy of EXIT REAL ESTATE PROPERTY SOL.

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