This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

1050 Wayne Ave
New Smyrna Beach, FL 32168
Double Eagle Apartments · Multifamily Property For Sale · 37 Units

PROPERTY FACTS

No. Units 37
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 4.14 AC
Building Size 32,407 SF
Average Occupancy 97%
No. Stories 2
Year Built/Renovated 1980/2018
Parking Ratio 1.88/1,000 SF
Zoning 10R4 - Heavy Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Walk-In Closets
  • Carpet
  • Double Pane Windows
  • Family Room
  • Pantry
  • Vinyl Flooring
  • Window Coverings

SITE AMENITIES

  • Gas Range
  • Pond

ABOUT 1050 WAYNE AVE , NEW SMYRNA BEACH, FL 32168

Across the street from the New Smyrna Beach Golf Course - Property was just recently fully renovated top to bottom 37 units -24 units 2 bed 1 bath apartments (rent is $1095/m) and 13 units 3 bed 2 bath town-homes (rent is $1195/m) Each 2/1 is approximately 1012 sq ft each and Each 3/2 is approximately 1250 sq ft each with a total of 40,538 total sq ft Approximately 4.13 acres of land with 61 parking spaces for 6 buildings and an Extra Building pad to build a new building (8 units). All of these items are NEW: Roofs, Windows, Sliding Doors, Siding, Paint in and out, Bath and Kitchen cabinets, Granite counter tops, Stainless steel, Faucets, Carpet (upstairs), Vinyl (upstairs wet areas), Tile (downstairs), Sinks, Shower Valves, Common lighting, Repaved Parking Lot, Retention pond pump, Gutters, and Blinds. Most AC units new, Most new hot water heaters, Washer Dryer hookup in each unit. Recently new Certificate of Occupancy, Recently inspected by Fire Department and Building Officials. Units are filling up with more tenants every month and the property is over half full now. Take over now and raise the rents higher on new incoming tenants.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 24 $1,095 1,012
3+2 13 $1,195 1,250

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7313-00-00-0022
Land Assessment
$740,000
Improvements Assessment
$4,444,297
Total Assessment
$5,184,297
  • Listing ID: 15578224

  • Date on Market: 3/29/2019

  • Last Updated:

  • Address: 1050 Wayne Ave, New Smyrna Beach, FL 32168

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}