3001 Vlg St New Smyrna Beach, FL 32168
This exceptional investment opportunity presents a meticulously planned, modern apartment complex in the desirable New Smyrna Beach, Florida. Situated on a sizable 0.84-acre lot (36,590.4 sq ft), this property comprises five parcels and includes approved building plans and blueprints. The development features two stylish, fenced, elevator-serviced buildings, each housing eight units. Each unit boasts two bedrooms and two bathrooms, catering to a high-demand market. Convenient ground-level parking is provided for residents. The complex's prime location offers easy access to shopping, the beach, the river, diverse dining options, and public transportation, ensuring high occupancy rates and strong rental income. The asking price for this turnkey investment is $1,250,000. This represents a rare chance to acquire a high-yield, low-maintenance property in a thriving coastal community. The property's modern design and desirable location make it an ideal investment for both seasoned and new investors seeking a lucrative return. Detailed plans and blueprints are available upon request. Don't miss this opportunity to own a piece of New Smyrna Beach's vibrant real estate market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.