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Property profile

3001 Vlg St New Smyrna Beach, FL 32168

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3001 Vlg St New Smyrna Beach, FL 32168
New Smyrna Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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