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Mixed-Use Four-Unit Investment Property
For Sale
$849,000

200 Live Oak Street, New Smyrna Beach, FL 32168

Four furnished and unfurnished 1-bedroom units make up a fully leased, mixed-use property with parking and signage exposure.

Property Size2,268 SF
Price / SF$374.34
Days on Market532

Property Features for 200 Live Oak Street

General Information

Standard status Active
Size 2,268 SF
Property subtype Multi-family
Zoning MU
Occupancy 100%

Additional Details

Multifamily Units 4

Building Details

Year Built 1903
Tenancy Multi
Listing Agency: PREMIER SOTHEBYS INTL REALTY
Listed By: Jennifer Matacale · License #3395500
Source: Realtygroupfl
Added: Mar 25, 2025 Changed: Sep 6 Last Checked: Sep 6 at 9:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PREMIER SOTHEBYS INTL REALTY

Investment Insights

Based on property information with market context.

This mixed-use, historic-style property is configured as four separate 1-bedroom, 1-bath apartments. Units A (downstairs-rear) and B and C (upstairs) are fully furnished and include updated appliances. Unit A2 (bottom-front) is unfurnished, featuring a complete new kitchen, bathroom, bedroom, and flooring. The property is presented as fully leased and positioned as a turnkey option.

Recent updates include a new roof installed in January 2023 with a transferable warranty, along with fresh landscaping installed in February 2023 with shell accents. There is also an existing hookup in place for a future hot tub. The site is described as a large parcel with parking suitable for cars, trailers, or boats, and it offers signage exposure while maintaining privacy for tenants.

The property is zoned for commercial/residential mixed use (MU) and is described as having an overlay that allows nightly rentals. Buyer is instructed to confirm intended uses and feasibility with the City of New Smyrna Beach and Volusia County.

Key Highlights

  • Mixed‑use historic property built in 1903 with four separate 1‑bedroom, 1‑bath units
  • Fully leased setup with three furnished units (Units A, B, and C) plus one unfurnished unit (Unit A2)
  • Unit A2 has a complete new kitchen, bathroom, bedroom, and flooring

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Pharmacy Bakery Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,437
Businesses Nearby

Demographics for 32168, FL

30,058
Population
16,439
Households
1.8
Avg Household Size
54
Median Age
31%
College-Educated
93%
High-School Grad
153.9 sq mi
ZIP Area
195
Density / Sq Mi
$72,967
Median Household Income
$41,076
Median Earnings
$1,608
Median Rent
$310,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four furnished and unfurnished 1-bedroom units make up a fully leased, mixed-use property with parking and signage exposure.
Where is this quadplex located?
The property is located at 200 Live Oak Street New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Mixed‑use historic property built in 1903 with four separate 1‑bedroom, 1‑bath units; Fully leased setup with three furnished units (Units A, B, and C) plus one unfurnished unit (Unit A2); Unit A2 has a complete new kitchen, bathroom, bedroom, and flooring
More about this property
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