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173 Ocean Avenue, NEW SMYRNA BEACH

$8,000,000

3 Beds
3 Baths
2,574 Sqft
1.64 Acres
4 Garages

Welcome to your slice of paradise in New Smyrna Beach, FL, where luxury meets potential investment opportunity! Nestled between the tranquil intercoastal river and the pristine shores of the Atlantic Ocean, this beautiful property boasts an enviable location just moments away from the vibrant Flagler Ave.

Spread across over 1 acre of prime real estate, this gem offers endless possibilities, particularly for savvy investors looking to capitalize on its multifamily development potential.

Ascending three floors, this exquisite residence harmoniously blends functionality with elegance. The ground floor presents a spacious three-car garage, providing ample storage and convenience for residents.

Ascend to the second floor, where an inviting living room seamlessly flows into a gourmet kitchen, ideal for hosting gatherings and creating lasting memories. A thoughtfully placed bathroom adds convenience to this level.

Journey to the pinnacle of luxury on the third floor, where tranquility awaits in the form of spacious bedrooms, complemented by three opulent bathrooms and a convenient laundry room, ensuring comfort and practicality for residents.

Beyond the allure of the property itself, its location in one of the most coveted areas of New Smyrna Beach further enhances its desirability. With easy access to Flagler Ave, residents can indulge in the eclectic mix of boutiques, restaurants, and entertainment options just moments from their doorstep.

For the discerning investor, this property represents not only a luxurious retreat but also a lucrative opportunity for multifamily development. With the potential to capitalize on the burgeoning demand for upscale housing in this coveted locale, the possibilities are limitless.

Don't miss your chance to own a piece of paradise with unparalleled investment potential. Contact us today to seize this rare opportunity to turn dreams into reality along the shores of the enchanting India River and Peninsula

173 Ocean Avenue is in NEW SMYRNA BEACH, FL. This Residential property for sale is currently being offered at $8,000,000. Built in 2005 this 3 bedroom, 3.00 bathroom Volusia Residential property has been listed on RealtyInOrlando.com for 90 days. 173 Ocean Avenue is priced at $3,108.00 Per Square Foot, and is situated on 1.64 acres of land. Please contact your local Realtor® for more information on 173 Ocean Avenue, NEW SMYRNA BEACH, FL 32169. Property Listing Reference: MLS number: V4934381.

Essential Information
MLS® #V4934381
Price$8,000,000
Bedrooms3
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage2,574
Acres1.64
Year Built2005
TypeResidential
Sub-TypeSingle Family Residence
StatusActive
HOA$0
Taxes$3,846
Community Information
Address173 Ocean Avenue
AreaNew Smyrna Beach
SubdivisionN/A
CityNEW SMYRNA BEACH
CountyVolusia
StateFL
Zip Code32169
Amenities
# of Garages4
Interior
HeatingCentral
CoolingCentral Air
Interior Features

Attic Fan, Cathedral Ceiling(s), Ceiling Fans(s), Split Bedroom, Vaulted Ceiling(s)

Appliances

Cooktop, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator

Exterior
RoofMetal
FoundationSlab
Exterior Features

Hurricane Shutters, Irrigation System

Other Information
Date ListedFebruary 1st, 2024
Days on Market90
ZoningR2
Listing Details
OfficeREALTY PROS ASSURED
LISTING MAP

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on May 7th, 2024 at 11:19pm EDT.