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1050 Wayne Ave
New Smyrna Beach, FL 32168
Double Eagle Apartments · Multifamily Property For Sale
·
37 Units
PROPERTY FACTS
| No. Units | 37 | Building Size | 32,407 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1980/2015 |
| Building Class | C | Parking Ratio | 1.88/1,000 SF |
| Lot Size | 4.14 AC | ||
| Zoning | 10R4 - Heavy Residential | ||
| 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 | 1980/2015 |
| 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
The property consist of six buildings of frame construction spread over 4.2 acres .The property suffers from deferred maintenance. income projection are on a pro forma basis if property is brought up to standard with 100 % occupancy. Demand for housing is strong in the neighborhood. Tremendous upside with potential for a 13% return on investment. 15 minutes from one of the best beaches in the state. New Smyrna Beach is a city in Volusia County, Florida, United States, located on the central east coast of the state, with the Atlantic Ocean to the east. Its population was estimated to be 23,230 in 2013 by the United States Census Bureau.[5] The downtown section of the city is located on the west side of the Indian River and the Indian River Lagoon system. The Coronado Beach Bridge crosses the Intracoastal Waterway just south of Ponce de Leon Inlet, connecting the mainland with the beach on the coastal barrier island.
PROPERTY TAXES
| Parcel Number | 7313-00-00-0022 | Improvements Assessment | $4,444,297 |
| Land Assessment | $740,000 | Total Assessment | $5,184,297 |
PROPERTY TAXES
