173 Ocean Avenue, NEW SMYRNA BEACH, FL

$8,000,000

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3

Beds

3

Baths

2,574

Square feet

1.64

Acres

About 173 Ocean Avenue

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

Features of 173 Ocean Avenue

MLS® # V4934381
Price $8,000,000
Bedrooms 3
Bathrooms 3.00
Full Baths 2
Half Baths 1
Square Footage 2,574
Acres 1.64
Year Built 2005
Type Residential
Sub-Type Single Family Homes
Status Active

Community Information

Address 173 Ocean Avenue
Area New Smyrna Beach
Subdivision N/A
City NEW SMYRNA BEACH
County Volusia
State FL
Zip Code 32169

Amenities

# of Garages 4
Is Waterfront No
Has Pool No

Interior

Interior Features Attic Fan, Cathedral Ceiling(s), Ceiling Fans(s), Split Bedroom, Vaulted Ceiling(s)
Appliances Cooktop, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator
Heating Central
Cooling Central Air
Fireplace No

Exterior

Exterior Features Hurricane Shutters, Irrigation System
Roof Metal
Foundation Slab

Additional Information

Date Listed February 1st, 2024
Days on Market 86
Zoning R2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeREALTY PROS ASSURED

Listing Map

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