Listing Details for MLS # NS1083201
200 Live Oak Street, New Smyrna Beach, Fl 32168

Residential Property - Single Family Residence in New Smyrna Beach

Listing Price: $949,999Days on Market: 180

Description of Property

Unlock the potential of **200 Live Oak Street**, a stunning historic property in the heart of New Smyrna Beach’s vibrant Historic District. Recently **rezoned for commercial/residential mixed-use (MU)** with a **B&B overlay** and nightly rentals permitted, this property is a golden opportunity for investors, entrepreneurs, or those seeking a versatile coastal retreat. Just one block from the lively **Canal Street** and a 5-minute drive to Florida’s pristine beaches, this property blends timeless charm with modern income-generating possibilities. This **newly zoned gem** features **four distinct units**, making it ideal for a range of ventures—whether you envision a thriving **Airbnb or short-term rental business**, a charming **coffee shop**, a boutique retail space, a wellness studio, or a combination of residential and commercial uses. Situated on a **spacious corner lot** with excellent visibility, ample parking for vehicles, and prime signage opportunities, this property is designed to maximize your investment. **Property Highlights:** - **Four Versatile Units for Maximum Income**: - **Commercial Space** (1,000 sq. ft., downstairs): Equipped with an **ADA-compliant bathroom** and expanded parking, perfect for a retail shop, café, or professional office. - **Residential Units**: Three charming apartments (Unit A downstairs: 1 bed/1 bath; Units B & C upstairs: each 1 bed/1 bath), all **fully furnished** all new appliances and **fully rented**, delivering immediate cash flow from day one. - **Turnkey & Recently Upgraded**: Ready for immediate use or rental operations with a **new roof (Jan 2023, with warranty)**, vibrant **tropical landscaping with shell groundcover (Feb 2023)**, and a **transferable termite bond (tented Sep 2022)** for worry-free ownership. - **Unbeatable Location**: Steps from Canal Street’s eclectic shops, dining, and community events, and minutes from New Smyrna Beach’s iconic coastline. Just an hour from **Orlando International Airport (MCO)**, it’s easily accessible for visitors, tenants, or owners. - **New Zoning, Endless Potential**: The recent **commercial/residential zoning** opens the door to diverse income streams, from short-term rentals like Airbnb to operating a trendy coffee shop or boutique, all while maintaining steady residential rental income. This is more than a property—it’s a gateway to financial freedom and coastal living in one of Florida’s most desirable towns. With its **newly zoned flexibility**, **four income-producing units**, and **prime location**, this historic masterpiece offers unmatched versatility and charm. Whether you’re an investor seeking passive income or an entrepreneur ready to bring your vision to life, this property is your canvas. **Act Fast – Opportunities Like This Don’t Last!** Schedule a showing today to own a piece of New Smyrna Beach’s historic charm and unlock the full potential of this income-generating treasure.The average asking price for a 4 bedroom/4 bath single family residence in this Zip code is $1,276,170. This single family residence is listed at about 74% of the average asking price. There are 3 4 bedroom/4 bath homes between $800,000 and $1,200,000 currently listed for sale in this Zip code. See other listings like this one »