321 Faulkner STREET, New Smyrna Beach, FL 32168

$449,000 Asking Price

4 beds
3 baths
2,136  sqft
Built in 1925

This stunning triplex located in the heart of downtown New Smyrna Beach offers a rare opportunity for investors or buyers seeking an income-producing property. Live in one unit and rent the other two OR Build your dream home on this OVERSIZED, Downtown lot! The triplex consists of 3 separate units, each with their own private entrance and is zoned Multi - family. The upstairs unit has two bedrooms and one full bathroom, living room and fully equipped kitchen as well as two common areas perfect for a den, nook or office spaces. There are windows throughout letting tons of natural sunlight into your living space and a large outdoor deck perfect for entertaining. The downstairs features a common entry way in between the other two apartments. To the right there is an updated studio apartment with full kitchen with coffee bar and a bathroom featuring a shower. The second apartment to the left is a one bedroom, with living room and eat in kitchen and full bathroom. The property also offers plenty of parking for the convenience of the tenants. The opportunities are endless at 321 Faulkner located within walking distance Canal street and the Farmer's market and restaurants and golf cart distance to the beach. Don't miss out on this exceptional opportunity to own a beautiful triplex in a prime location. All information deemed accurate and to be verified by buyer and buyers agent.


Features & Amenities

Interior

General:
Ceiling Fan(s)
Appliances:
Electric Water Heater, Microwave, Range, Refrigerator
Laundry:
Common Area
Flooring:
Carpet, Hardwood
A/C:
true, Central Air
Heating:
true, Central

Exterior

General:
Other

Construction

Roofing:
Metal
General:
HardiPlank Type, Two, Crawlspace

Location

Road/Access:
Asphalt
Originating MLS:
Stellar MLS
County:
Volusia

Lot

Zoning:
10R2, LOT 1 BLK 2 PITZER & NELSONS SUB BLK 1 HILLMANS NEW SMYRNA PER OR 5255 PG 4689 PER OR 5674 PG 0256 PER OR 8150 PG 2202, 744132020010

Utilities

Utilities:
Cable Connected, Electricity Connected
Water:
Private
Sewer:
Public Sewer

Financial

Source:
Stellar MLS

This listing courtesy of:
THE HIGH TIDE GROUP, Tara Lyall

About New Smyrna Beach, FL

Housing

Number of Units
26,937
Median Home Value
$290,076
Median Rent
$1,088

20.90% of housing units are renter occupied.

26.50% are vacant.

Commute

Car
54.73%
Public Transportation
0.33%
Walk to Work
1.09%
Work from Home
42.34%
Other
0.63%

The median travel time to work is 15 minutes.

People

Population
40,806
Median Age
55.80
Median Household Size
2.35

Education

High School
26.79%
Associate’s Degree
10.62%
Bachelor’s Degree
22.16%
Graduate Degree
10.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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