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2008 Hill Street

New Smyrna Beach, FL 32169

6 beds
6 baths
3,025 sqft
10,000 sqft lot
$413 per sqft
1998 build
– on site

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"Price Reduction: Seller Highly Motivated" "Exceptional Short-Term Rental Investment – T-Shaped Triplex Opportunity! Discover the extraordinary potential of this meticulously crafted multifamily gem, perfectly suited for short-term vacation rentals. Situated in a non-flood zone, this T-shaped triplex stands out as a premier investment opportunity. Key Features: next to the BEACH! Prime Location and Ample Parking: Strategically positioned for convenient access to key areas. Boasts a 3-car garage, additional parking for four vehicles, a carport, and an extra parking spot on Hill St. Unit Layout and Amenities: Each of the three units offers 2 bedrooms and 2 bathrooms, totaling 6 bedrooms and 6 baths. Recent upgrades include three replaced A/C units and a brand-new Generac generator with buried propane pipeage for reliable power backup. Stylish and durable with new shingled double hip roofs. Convenience and Security: Custom-made corrugated hurricane shutters ensure both convenience and security, with an installation time of just 5 minutes. Inside laundry rooms in each unit equipped with washers and dryers for added tenant convenience. Appliances and Landscaping: Property features three refrigerators, three stoves, and three above-stove microwaves. Beautiful Florida living landscaping showcasing 16 palm trees eliminates the need for grass maintenance. Safety Measures: Three security/storm doors enhance safety and protection. Expansive Ownership: Situated on two lots, providing ownership of the block from Eastside Atlantic Ave, 11th Ave & Hill St. Investment Potential: Zoned for vacation rentals, offering an exceptional opportunity for both immediate income generation and long-term value. Modern upgrades and versatile zoning transform this triplex into not just a residence but an investment with limitless potential. Don't miss out on the opportunity to own a prime short-term rental property. Schedule a viewing today to secure your stake in this exceptional venture! Invest wisely and capitalize on the opportunities this property presents!"

Listing courtesy of STELLAR_MLS / COLLADO REAL ESTATE

Last checked: Checking… • Last updated Mar 25, 2024 •

MLS# O6166070 —

The Building

Year Built:

1998
New Construction:

false
Construction Materials:

Block
Number Of Buildings:

3
Building Area Total:

4098
Common Walls:

Corner Unit
Roof:

Shingle
Foundation Details:

Concrete Perimeter
Window Features:

Shades
Patio And Porch Features:

Porch
Security Features:

Secured Garage/Parking
Accessibility Features:

Accessible Bedroom

Interior

Interior Features:

Accessibility Features
Flooring:

Concrete
Fireplace:

false

Room Dimensions

Living Area:

3025
Living Area Units:

Square Feet
Living Area Source:

Owner

Location

Directions:

Exit 95 to 44 E, cross S Causeway to beach, head south on S Atlantic and building will be on left.
Latitude:

29.022863
Longitude:

-80.887523
Coordinates:

-80.887523, 29.022863

The Property

Parcel Number:

3813839
Property Type:

Residential Income
Property Sub Type:

Triplex
Lot Features:

CoastalConstruction Control Line
Lot Size Acres:

0.23
Lot Size Square Feet:

10000
Lot Size Area:

10000
Lot Size Dimensions:

100 x 100
Lot Size Units:

Square Feet
Zoning:

10R6
Exterior Features:

Courtyard
Water Source:

Public
Total Acreage:

0 to less than 1/4
Road Surface Type:

Asphalt
Flood Zone Code:

X
Homestead:

true
Lease Restrictions:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

11
Tax Block:

11
Tax Book Number:

7-29
Tax Annual Amount:

12195.27
Tax Legal Description:

LOTS 11 & 12 BLK 11 NEW SMYRNA BEACH PER OR 5088 PG 1226 PER OR 7053 PG 4775 PER OR 7059 PG 2651 PER OR 7068 PG 1703

Beds

Bedrooms Total:

6

Baths

Bathrooms Total:

6

The Listing

Special Listing Conditions:

None
Buyer's Brokerage Compensation:

2%

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Cooktop
Laundry Features:

Electric Dryer Hookup

The Community

Subdivision Name:

NEW SMYRNA BEACH
Senior Community:

true
Water View:

false
Water Access:

Beach
Water Access:

true
Water Extras:

Seawall - Other
Water Body Name:

Atlantic Ocean
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

3
Carport:

true
Carport Spaces:

1
Covered Spaces:

4
Open Parking:

true
Parking Features:

Garage Door Opener

Extra Units

Other Structures:

Other
Number Of Units Total:

3

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Sale history

Date	Event	Source	Price	% Change
3/25/24 Mar 25, 2024	Sold	STELLAR_MLS	$1,250,000	-7.4%
2/25/24 Feb 25, 2024	Pending	STELLAR_MLS	$1,350,000
2/11/24 Feb 11, 2024	Price Changed	STELLAR_MLS	$1,350,000	-8.1%

Multifamily Sold on 3/25/2024

$1,250,000

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Listing Courtesy of: STELLAR_MLS and COLLADO REAL ESTATE.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

2008 Hill Street

New Smyrna Beach, FL 32169