307 RUSH, NEW SMYRNA BEACH, FL 32168

$1,010,000 Was $1,100,000

Beds: 7

Baths: 5 Full

Sq. Ft.: 2,792 Sq. Ft.

Year Built: 1920

Lot Size: 0.14 Acres

Garage: N/A

Pool: No

DOM: 179

Property Overview

Status: Closed

Property Type: Residential

MLS #: 705deaec1d607122ef735cb61ccb5dea

Subdivision: SMITHS D P NEW SMYRNA

County: Volusia

HOA Fee: N/A

Year Built: 1920

Construction: Wood Frame

Foundation: Slab

Roof: Shingle

Cooling: Central Air

Heating: Electric

Sewer: Public Sewer

Water Source: Public

Zoning: 10R5

Tax Amount: $5,523.72 (2023)

Date Sold: Aug 30, 2024

Sold Price: $940,000

Listed On: Feb 12, 2024

Description

Welcome to the epitome of downtown living in New Smyrna Beach, where luxury and investment potential seamlessly merge. Nestled downtown on Rush Street in the bed-and-breakfast overlay, this multifamily gem is a testament to meticulous renovation and prime location. The property features a front house with four distinct apartments, providing a diverse mix of living spaces catering to various preferences. The front house includes two one-bedroom apartments and two two-bedroom apartments, ensuring versatility for tenants seeking different configurations. In addition to the front house, there is an additional studio cottage on the property, allowing for a fifth unit to be rented as well. The layout maximizes privacy and convenience, with each unit equipped with its own meter for utilities and dedicated washer and dryer hookups. This thoughtful design adds a layer of independence for residents and makes this property an ideal investment for both short-term and long-term rental opportunities. A standout feature of this multifamily home is its adherence to high-quality craftsmanship, with no expense spared during the $450,000 renovation. Rain engineering ensures the structural integrity of the property, making it resilient against the coastal climate. Inside, every detail has been carefully considered – from all-new flooring to cabinets and quartz countertops throughout. The result is a harmonious blend of modern aesthetics and functionality, making this property a turnkey investment opportunity. Tucked away in the heart of downtown New Smyrna Beach, this multifamily home not only promises an exceptional return on investment but also offers a chance to be part of a vibrant community. With the flexibility of short-term rentals allowed, this property opens the door to a lucrative income stream, attracting both tourists and long-term tenants alike. Don't miss the chance to own a piece of urban paradise where luxury, location, and investment potential converge.

Exterior Features

Other

Directions

From US Hwy 1 go east onto Washington St and left onto Rush St.

School Information

Elementary: N/A

Middle: N/A

High: N/A

Location

Get Directions View on Google Maps

Mortgage Estimator

*Estimate includes Principal & Interest (P&I) only. It does not include taxes, insurance, HOA fees, or PMI. Rates and payments may vary. Consult a lender for accurate figures.

Listing Information

Provided Courtesy of:

THE HIGH TIDE GROUP

Listing Agent: Tara Lyall

Information is deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: July 29, 2025, 3:51 pm UTC

MLS Source: Stellar MLS Copyright © 2025

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