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. 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. Call for your Private showing today with Rachail Renick, Listing Agent 352-266-8297
Listed By
Agency Name: EXIT REAL ESTATE PROPERTY SOL
Agency Contact: 386-402-7909
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimated Payment
$ 4,781.89 per month $3,558.68 Principal & Interest $756.83 Property Tax $466.38 Homeowner's Insurance
204 Palmetto Street | MLS# NS1088315
This single family home located at 204 Palmetto Street , New Smyrna Beach, FL 32168 is currently listed for sale with an asking price of $1,599,000. This property was built in 1916 and has 5 bedrooms and 6 full and 1 partial baths with 3080 sq. ft. Palmetto Street is located in the ANDREWS PROP subdivision. Search ANDREWS PROP real estate on www.realtymark.net today.