Under contract-accepting backup offers. This Investors Dream offers a rare opportunity to own a Direct Oceanfront Complex with no minimum stay restrictions in the heart of New Smyrna Beach. This adorable and impeccably maintained 2-bedroom, 2-bath combination unit provides unmatched flexibilityrent it as a studio, a one-bedroom with a kitchen, or a full two-bedroom, two-bath unit. The interior connecting door allows you to enjoy one side while generating income from the other. Boasting a 4.9 rating on Airbnb, this property consistently delivers outstanding returns, with a gross rental income of $73, 417 in 2023 and $72, 773 in 2024. Step onto one of two private balconies overlooking the pool and take in the breathtaking direct oceanfront views, whether it's a sunrise coffee or a front-row seat to a space launch. Tastefully updated and centrally located, this gem is just moments from the vibrant shopping and dining scenes of Flagler Avenue and Canal Street. A short drive takes you to world-class golf courses, the Daytona International Speedway, and Orlandos iconic theme parks. Outdoor enthusiasts will love the Indian Rivers renowned fishing, surfing right outside the condo, and the nearby Canaveral National Seashoreperfect for biking, boating, and exploring unspoiled nature. Whether you're seeking a high-performing investment or the perfect beachfront getaway, this oceanfront retreat offers it all.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 13.9 x 12.5
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 4
- Primary Bedroom: 11.2 x 19.2
- Primary Bedroom Level: First
- Living Room Dimensions: 12 x 18
- Living Room Level: First
- Extra Room-1 Description: Family Room
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Ceiling Fans(s)
- Eat-in Kitchen
- Kitchen/Family Room Combo
- Living Room/Dining Room Combo
- Solid Surface Counters
- Split Bedroom
- Stone Counters
- Thermostat
- Window Treatments
- Furnished Description: Furnished
- Flooring: Ceramic Tile, Luxury Vinyl, Tile
- Window Features: Drapes
Appliances
- Cooktop
- Freezer
- Microwave
- Range
- Refrigerator
- Laundry Features: Common Area, Outside
Heating and Cooling
- Cooling Features: Wall/Window Unit(s)
- Heating Features: Electric, Wall Units / Window Unit
Kitchen and Dining
- Kitchen Dimensions: 5.7 x 7.8
- Kitchen Level: First
Waterfront and Water Access
- Water Body Name: ATLANTIC OCEAN
- Water Features: Beach, Beach - Access Deeded, Gulf/Ocean
- Beach Front
- Gulf/Ocean
Exterior and Lot Features
- Balcony
- Lighting
- Outdoor Grill
- Outdoor Shower
- Rain Gutters
- Sidewalk
- Sliding Doors
- Fencing: Vinyl
- Patio And Porch Features: Covered, Rear Porch
- Road Surface Type: Asphalt
Pool and Spa
Land Info
- Lot Description: CoastalConstruction Control Line, City Limits
- Lot Size Acres: 1.17
- Number of Lots: 1
- Lot Size Square Feet: 50931
Garage and Parking
- Parking Features: Common, Ground Level, Guest, Open
Home Features
- View: Pool, Water
- Security Features: Fire Alarm
Homeowners Association
- Association: Yes
- Association Amenities: Laundry, Maintenance, Pool, Spa/Hot Tub
- Association Fee: 1135
- Association Fee Frequency: Monthly
- Association Fee Includes: Cable TV, Common Area Taxes, Pool, Electricity, Escrow Reserves Fund, Gas, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Pest Control, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 1135
- Association Name: Coastal Waters/Janice Pollaccio
- Association Phone: 5169090577
- Pets Allowed: No
Condo Info
- Unit Floor In Building: 2
Rental Info
- Lease Term: Minimum Lease: 1-7 Days
Amenities and Community Features
Other Property Info
- Community Association WaterFeatures: Gulf/Ocean Front
- Annual Tax Amount: 5365.33
- Source Listing Status: Pending
- County: Volusia
- Directions: E Third Ave turns into S. Atlantic, property is located between 25th Ave and 26th Ave on left hand side of S. Atlantic.
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 32169 - New Smyrna Beach
- Property Subtype: condo
- Source Neighborhood: COASTAL WATERS CONDO
- Parcel Number: 7422-10-00-2010
- Subdivision: COASTAL WATERS CONDO
- Township: 17
- Zoning: CONDO
- Property Features: Condo Fees: 0 null
- Property Subtype: Condo - Hotel
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 739
- Year Built: 1954
- Building Area Source: Estimated
- Building Area Total: 867
- Building Name: 2
- Construction Materials: Stucco
- Direction Faces: West
- Foundation Details: Block
- Levels: Three Or More
- Property Age: 71
- Roof: Shingle
- Levels or Stories: 2
- Building Total Stories: 2
- Structure Type: Corner Unit, Studio/Efficiency, End Unit
- Architectural Style: Coastal
Utilities
- Sewer: Public Sewer
- BB/HS Internet Available
- Cable Connected
- Electricity Connected
- Fire Hydrant
- Phone Available
- Public
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source: Public