
PRICE: $1,540,000 ·
ARV: $2,300,000 ·
Beds: 4 ·
Baths: 3.5 ·
Livable Sqft: 2,832 ·
Sqft: 3,398 ·
Lot Size: 0.44 Acres ·
Year Built: 1953 ·
Parking: Driveway + Carport ·
Pool: Private ·
Description
Incredible luxury flip opportunity in the heart of New Smyrna Beach! This stunning 4 bed 🛏️ 3.5 bath 🛁 block home offers 2,838 sqft of living space on a sprawling 0.44-acre lot 🌴, zoned R1 with no HOA fees 🚫. Built in 1953, the home features central AC & mini splits ❄️, gas line installed in 2021 🔥, electric wood-burning fireplace 🔥🪵, and intercoastal water access 🚤🌊 — perfect for anyone seeking luxury living or an exceptional investment flip.
Although the roof needs replacement 🛠️, this property’s solid structure and premium location make it an investor’s dream. With an estimated rehab cost of $215K 💵, you’re looking at an ARV of $2.3M 💰, a gross return of 27.35% 📈, and an impressive ROI of 55.59% 🚀. The home sits on public water & sewer 💧, and property taxes are just $6,222/year. This is not only a home — it’s a coastal canvas ready for a high-end transformation!

Disclaimer:
Terms and conditions applicable to all transactions:
- Buyers must conduct their own due diligence.
- Properties are sold “AS-IS” without an inspection period.
- Buyer pays all closing costs.
- We sell assignable purchase contracts.
- No written or oral representations are made about the properties.
- A non-refundable earnest deposit is required.
- Proof of funds will be requested.
- We do not offer warranties on the property.
- We are not licensed contractors or appraisers.
- The seller holds an equitable interest in the property.
For properties under contract and for sale:
- Offers are cash or private money only.
- A minimum non-refundable deposit is required.
- Properties are sold “AS-IS” without contingencies.
- Buyers must conduct their own due diligence.
- Buyer pays all closing costs.
- Rehabilitation costs, taxes, and insurance are estimated.
- Open or expired permits are not a title defect.
We appreciate your loyalty and trust.