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Mixed-Use Property with Four Apartments

200 Live Oak Street New Smyrna Beach, FL 32168

200 Live Oak Street, New Smyrna Beach, FL, 32168
$849,000
For Sale
Claim this Listing
$849,000

MULTI_FAMILY - New Smyrna Beach, FL

Property Size2,268 SF
Lot Size0.27 Acres
Price / SF$374.34
AddedSep 19, 2025
Days on Market301
Last RefreshJul 16 at 6:06 am

Property Features for 200 Live Oak Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Rooms
Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 1
Parking
8
Parking features
Guest, Assigned, On Street, Off Street
Fencing
Chain Link
Accessibility
Accessible Approach with Ramp
Appliances
Washer, Tankless Water Heater, Refrigerator, Microwave, Electric Range, Dryer
Standard status
Active
APN
7441-38-15-1750
Size
2,268 SF
Lot size
0.27 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
LOT 175 & N 1/2 OF LOT 176 BLK 15 ANDREWS NEW SMYRNA MB 2 PG 68 PER OR 3568 PG 0207 PER OR 5117 PG 3765 PER OR 6843 PG 0238 PER OR 6843 PG 0239 PER OR 6861 PG 4734 PER OR 6919 PG 4
Tax Annual Amount
11397

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central, Varies by Unit (Heating)
Cooling system
Window Unit(s), Multi Units, Wall/Window Unit(s), Central Air
Water source
Public

Building Details

Year built
1903
Floors in Building
2
Number of units
4
Flooring type
Vinyl, Laminate, Wood
Building materials
Frame, Wood Siding
Roof type
Shingle

Listing agent Jennifer Matacale License #3395500

Listing office Premier Sotheby's International Realty 201 Cessna Boulevard, Port Orange, FL

Listing date Sep 19, 2025

MLS# 1218149 Listing URL

Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This mixed-use, historic property includes four separate one-bedroom, one-bath apartments configured across two levels. Unit A is a downstairs rear 1/1, while Units B and C are upstairs 1/1 layouts. Unit D is the bottom-front 1/1 with the largest square footage of the four. Units A, B, and C are fully furnished and feature updated appliances. Unit D is currently unfurnished but includes a complete new kitchen, bedroom, bathroom, and flooring. Recent updates include a new roof (January 2023) with a transferable warranty, and fresh tropical landscaping with shell accents (February 2023). There is also a hookup in place for a future hot tub. A large parcel with ample on-site parking supports cars and storage for trailers or boats, with signage exposure designed to help maintain tenant privacy.

The property is located at 200 Live Oak Street in New Smyrna Beach, described as just one block from Canal Street and minutes to the beach.

Zoning is described as commercial/residential mixed-use (MU), with a B&B overlay that allows nightly rentals, subject to buyer confirmation with the City of New Smyrna Beach and Volusia County. With the current arrangement of four private apartments and a turnkey furnished setup, the property may fit buyers seeking an operator-ready investment where they can manage nightly stays or other uses consistent with applicable approvals.

Key Highlights

  • Fully leased and furnished turnkey investment property with income potential.
  • Commercial/Residential zoning (MU) with B&B overlay allows for nightly rentals and diverse usage.
  • Prime location: one block from Canal Street and minutes from the beach.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $49.0k $21.60
− Vacancy −$4.2k −$1.84
EGI $44.8k $19.76
− OpEx −$16.8k −$7.41
NOI $28.0k $12.35
2,268 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$400.2K
$350.2K – $466.9K (±1% cap)
NOI $28,015 @ 7.0% cap · market cap 3.30%
Second Best
Apartment 5plus
$246.9K
$216.0K – $288.0K (±1% cap)
NOI $17,282 @ 7.0% cap · market cap 2.04%
Theoretical Best
Office A
$668.7K
$585.2K – $780.2K (±1% cap)
NOI $46,812 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Pharmacy Bakery Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tech Support Center Florist Daycare Center Carpet & Flooring Store Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fully leased, furnished mixed-use property with four one-bedroom units and recent exterior updates, suited to flexible rental strategies.
Where is this apartment building 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: Fully leased and furnished turnkey investment property with income potential.; Commercial/Residential zoning (MU) with B&B overlay allows for nightly rentals and diverse usage.; Prime location: one block from Canal Street and minutes from the beach.
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