Off Market Beach House 400k under market – Lipstick only

Description

BEACH HOUSE IN NEW SMYRNA BEACH, FL – LIPSTICK ONLY – $400K UNDER MARKET VALUE

Condition: Beautiful beach house!! Property has a new metal roof, has a semi-private intracoastal waterway beachhead just steps from the front door with your own personal area for boating, paddle boarding, fishing, nature watching, or simply lounging with a cocktail to enjoy AMAZING evening sunsets. The interior is made of granite countertops, all stainless appliances with commercial grade GAS range and open living dining combo featuring a wood burning fireplace. Main living area is set on the second story so you may enjoy ocean to river breezes on multiple balconies that are surrounded by palms and shady Florida Oak trees.

MARKET VALUE /ARV: $1.25 – 1.4M
OUR PRICE: $897,000
INSTANT EQUITY = $400,000+

Comparable Home Sales / Retail sales:
213 Ocean Dr, New Smyrna Beach, FL 32169 ( Sold 5/2/24 for $1,150,000 )
1411 N Atlantic Ave, New Smyrna Beach, FL 32169 ( Sold 4/16/24 for $1,800,000 )
1210 N Atlantic Ave, New Smyrna Beach, FL 32169 ( Sold 3/28/24 for $1,400,000 )
1426 N Atlantic Ave, New Smyrna Beach, FL 32169 ( Sold 8/28/23 for $1,280,000 )

Area Rental Rates: $4,700 / per month