Search
Fully Occupied 6-Unit Community
For Sale
$1,495,000

305 Mary Avenue, New Smyrna Beach, FL 32168

Six rental units include remodeled interiors with granite countertops, solid wood cabinetry, and in-unit washer/dryers.

Property Size4,000 SF
Price / SF$373.75
Days on Market46

Property Features for 305 Mary Avenue

General Information

Standard status Active
Size 4,000 SF
Property subtype Multi-family
Occupancy 100%

Additional Details

Multifamily Units 6

Amenities

granite countertops
solid wood cabinets
inside washer/dryers
private off street parking

Building Details

Year Built 1937
Tenancy Multi
Listing Agency: SOUTHERN HOME REALTY LLC
Listed By: Laura Hodges
Source: Realtygroupfl
Added: Jun 18 Changed: Jul 25 Last Checked: Aug 1 at 2:50AM

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 SOUTHERN HOME REALTY LLC

Investment Insights

Based on property information with market context.

This fully occupied 6-unit residential income community includes three one-bedroom cottages and one single-family 2-bedroom home, along with two second-floor studio apartments. The units have been remodeled with granite countertops, solid wood cabinets, and inside washer/dryers.

The property is located in Key West Village, a short distance to Riverside Drive and downtown Canal Street.

Off-street, private parking is available for all residents.

Key Highlights

  • Fully occupied 6‑unit rental community in New Smyrna Beach
  • Unit mix includes three 1‑bedroom cottages, one 2‑bedroom single‑family home, and two second‑floor studio apartments
  • All units remodeled with granite countertops and solid wood cabinets

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Pharmacy Bakery (Bike/Boat/Book/etc) Store Daycare Center 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

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,410
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Six rental units include remodeled interiors with granite countertops, solid wood cabinetry, and in-unit washer/dryers.
Where is this apartment building located?
The property is located at 305 Mary Avenue New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Fully occupied 6‑unit rental community in New Smyrna Beach; Unit mix includes three 1‑bedroom cottages, one 2‑bedroom single‑family home, and two second‑floor studio apartments; All units remodeled with granite countertops and solid wood cabinets
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message