1050 WAYNE AVENUE New Smyrna Beach FL 32168 |Home for sale at $5,700,000| Adams, Cameron and Co., Realtors.
29.028425 -80.943474

1050 WAYNE AVENUE New Smyrna Beach, FL 32168

233592354 29.028425 -80.943474 2 False 0 5700000.0 40538 105 O5769726 False
  • $5,700,000
  • 40,538 sqft
  • 459x264x551x294x170x133 lot
  • Est payment $30598.83/mo

Property & Neighborhood Info

Courtesy Of EMPIRE NETWORK REALTY

Multi-Family in NEW SMYRNA BEACH

Across the street from the New Smyrna Beach Golf Course - Property was just recently fully renovated top to bottom37 units -24 units 2 bed 1 bath apartments (rent is $1095/m) and 13 units 3 bed 2 bath town-homes (rent is $1195/m) Tenants pay an additional $125/m for water/sewer/cable/internet. Each 2/1 is approximately 1012 sq ft each and Each 3/2 is approximately 1250 sq ft each with a total of 40,538 total sq ft. Approximately 4.13 acres of land with 61 parking spaces for 6 buildings and an Extra Building pad to build a new building (8 units). All of these items are NEW: Roofs, Windows, Sliding Doors, Siding, Paint in and out, Bath and Kitchen cabinets, Granite counter tops, Stainless steel, Faucets, Carpet (upstairs), Vinyl (upstairs wet areas), Tile (downstairs), Sinks, Shower Valves, Common lighting, Repaved Parking Lot, Retention pond pump, Gutters, and Blinds. Most AC units new, Most new hot water heaters, Washer Dryer hookup in each unit. Recently new Certificate of Occupancy, Recently inspected by Fire Department and Building Officials. Units are filling up with more tenants every month and the property is over 86% full. Take over now and raise the rents higher on new incoming tenants.

Courtesy Of EMPIRE NETWORK REALTY
  1. 40,538 Sq. Ft.
  2. 459x264x551x294x170x133 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1980
  • County: Volusia
  • Taxes: $34,391.00
  • Tax Year: 2018
  • Units: 37
  • Zoning: 10R4
  • Subdivision: Double Eagle
  • MLS Number:O5769726

Additional Features

  • Cooling:
    • Central Air
  • Flooring:
    • Carpet
    • Ceramic Tile
    • Vinyl
  • Furnished:
    • Unfurnished
  • Interior Features:
    • Window Treatments
  • Additional Room:
    • Inside Utility
  • Laundry:
    • Inside
  • Appliances:
    • Dishwasher
    • Gas Water Heater
    • Ice Maker
    • Microwave
    • Range
  • Building Area Source:
    • Public Records
  • Construction:
    • Wood Frame
  • Levels:
    • Multi/Split
  • Property Subtype:
    • Multi-Family
  • Roof:
    • Shingle
  • View:
    • Golf Course
    • Water
  • Water Source:
    • Public
  • Condition:
    • Completed
  • Exterior Features:
    • Lighting
  • Acreage Range:
    • Two + to Five Acres
  • Flood Zone:
    • AE
  • Lot Features:
    • Oversized Lot
    • Street Paved
    • Street Private
  • Number Of Lots:
    • 1
  • Property Description:
    • Mid Rise
  • Waterview:
    • Pond
  • Carport Spaces:
    • 61
  • Parking:
    • Circular Driveway
    • Common
  • Heating:
    • Central
    • Natural Gas
  • Sewer:
    • Public Sewer
  • Utilities:
    • BB/HS Internet Available
    • Cable Connected
    • Electricity Connected
    • Fire Hydrant
    • Natural Gas Connected
    • Public
    • Sewer Connected
    • Underground Utilities
  • Security Features:
    • Security Lights
    • Smoke Detector(s)
  • Complex Name:
    • DOUBLE EAGLE
  • Number of Buildings:
    • 6
  • Pet Restrictions:
    • per landlord's discretion
  • Pet Size:
    • Small (16-35 Lbs.)
  • Pets Allowed:
    • 2
    • Breed Restrictions
    • Number Limit
    • Size Limit
    • Yes
  • Township:
    • 17
  • Application:
    • Background check, credit check, felony check, reference check
  • Gross Income:
    • 557280
  • Lease Terms:
    • 12 Months
  • Legal Description:
    • 13 17 33 IRREG PARCEL IN GOVT LOT 2 S OF WAYNE AVE BEING 494.5 FT ON N/L & 256.63 FT ON W/L & 569.15 FT ON S/L INC PER OR 5053 PG 2683 & PER OR 6536 PG 3409 PER OR 6585 PG 4485 PER OR 7037 PG 1892 PER OR 7443 PG 4764
  • Minimum Lease Term:
    • 8-12 Months
  • Net Operating Income:
    • 459725.00
  • Terms:
    • Cash
    • Conventional
  • CDOM:
    • 243
  • Annual Expenses:
    • 49140
  • Tenant Pays:
    • Electricity
    • Sewer
    • Trash Collection
    • Water
  • Additional Amenity Fees:
    • Tenant pays an additional $125/m for internet/cable/water/sewer/trash
  • Building Expenses:
    • 40538.00
  • Listing URL:
    • https://www.state27homes.com/search/listing/O5769726
  • Lot Size Acres:
    • 4.14
  • Lot Size Square Feet:
    • 180330
  • Max Pet Weight:
    • 35
  • Monthly Expenses:
    • 4095
  • Parcel Number:
    • 13-17-33-00-00-0022
  • Rent Amount:
    • 46440
  • Tax Block:
    • 00
  • Unit Count:
    • 2
  • Lot Size Dim:
    • 459x264x551x294x170x133
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Adams, Cameron and Co., Realtors.
Adams, Cameron and Co., Realtors.
(888) 241-6602
600 S. Atlantic Ave Daytona Beach FL 32118
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29.028425 -80.943474

1050 WAYNE AVENUE New Smyrna Beach, FL 32168

233592354 29.028425 -80.943474 2 False 0 5700000.0 40538 105 O5769726 False
  • $5,700,000
  • 40,538 sqft
  • 459x264x551x294x170x133 lot
  • Est payment $30598.83/mo