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Presented by
Ayana Taylor |
207 and 209 Palmetto STREET, New Smyrna Beach, FL, 32168 | $899,900
Discover an unparalleled opportunity to own a fully furnished and impeccably renovated duplex within the SHORT TERM RENTAL DISTRICT with MIXED USE ZONING—ideal for a store/office or residential/rental income purposes. This sale includes Unit 207 and 209 Palmetto , each offering 2 bedrooms and 1 bath. Perfectly situated just a stone's throw away from Canal St shops and restaurants, and a brief drive to the beach, this property is a masterpiece of modern comfort. Renovated in 2022, it features a new roof, upgraded plumbing, enhanced electrical systems, new windows, insulation, 2 advanced A/C units with new ductwork, tankless water heaters, a meticulous sprinkler system, a fenced-in yard, and a newly laid sewer line. Inside, indulge in luxury with vinyl plank flooring, real wood cabinets, crown molding, quartz countertops, stainless steel appliances, and stylish fixtures throughout. The bathrooms showcase new floor and shower tiles, an elegant vanity, frameless shower glass, and a contemporary toilet. The property underwent termite treatment during renovation, ensuring a pest-free environment. Each unit operates independently with separate electric, complemented by brand new interior and exterior electric panels. Currently utilized as a short-term rental, it comes with existing future bookings, making it a compelling investment opportunity.
Features
- Units: 2
- Lot Size: 50 x 150
- Laundry: In Kitchen, Inside, Laundry Closet, Washer Hookup
- Year Built: 1949
- Garage: On Street, Open
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,995
- Acreage: 0.18
- Lot Size: 50 x 150
- Est. Taxes: $7,307
- Lot Desc: City Lot
- View: City
- Elem. School: Read Pattillo Elem
- Middle School: New Smyrna Beach Middl
- High School: New Smyrna Beach High
- Pet Policy: Cats OK, Dogs OK, Yes
- Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- MLS#: NS1081938
- Days on Market: 117 days
- Website: https://www.raveis.com
/prop/NS1081938/207and209palmettostreet_newsmyrnabeach_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Ayana TaylorSales Associate
860.982.3447
Ayana.Taylor@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Heidi SummaRegional SVP Insurance Sales, William Raveis Insurance
860.919.8074
Heidi.Summa@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
207 and 209 Palmetto STREET, New Smyrna Beach, FL, 32168
$899,900
Ayana Taylor
Sales Associate
William Raveis Real Estate
Phone: 860.982.3447
Ayana.Taylor@Raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $719,920 | $719,920 | $719,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
| Monthly Tax Payment | $609 | $609 | $609 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,610 | $4,610 | $6,321 |
| Total Monthly Payment | $5,311 | $5,311 | $7,022 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388