119 Faulkner STREET, New Smyrna Beach, FL 32168

$1,699,999 Asking Price

3 beds
5 baths
3,300  sqft
Built in 2017

One or more photo(s) has been virtually staged. MULTI ZONED COMMERCIAL/RESIDENTIAL - ENDLESS OPPORTUNITY WITH THIS DYNAMIC HOME Who wouldn't want it all.. An Income producing commercial residential property, giving you all the best potential....Introducing this stunning multi-use residential/commercial listing in the highly sought after heart of the historic downtown, arts overlay New Smyrna Beach Florida. Just one block away from the picturesque intercoastal waterway and those stunning views from the rooftop. This rooftop delivers views of our skylines, the fireworks are dynamic, great for entertaining or some private time. Truly a must see!! Green space and beauty blend perfectly. This multi-use property presents a unique opportunity for those seeking an incredibly unique and versatile space with endless possibilities. Best of all it comes with two income producing properties that could pay your mortgage...all while you get to live right here on the same property. This home exudes two different commercial spaces for rent as well as a full residential. This 4 story home is made up of 4th floor rooftop, 3rd floor is primary bedroom and huge primary bathroom, oversized walk in closet and laundry room. The 2nd bedroom is also on the 3rd floor and a half bath. This space could be labeled as a flex space as it is open floor plan. This space could be a lounging area making the primary the entire 3rd floor, or an office or....endless opportunity so let your imagination run wild. The second floor has an open floor plan living room, dining room, kitchen, 3rd bedroom and anther full bath making this residential portion a 3 bedroom 2 1/2 bath. Commercial or residential could partake the first floor space. First floor is now set up as a studio apartment with rental income potential. This space has a full bathroom and kitchenette. Options are endless for this space as it can be used for many different things... mother-in-law suite, retail store, Pilates, studio, office space, beauty salon… endless opportunity. An additional space on first floor is currently a spa...again brining rental income...could be a space for private office, a beautician, massage therapist, etc. This area has a second laundry room and a half bath. You can enjoy the saltwater heated pool while laying on the deck enjoying a tranquil, peaceful, private space allowing serenity. Jump into the outdoor shower to get cleaned up and get to cooking something on the outdoor cooking area or warm up with the toasty fireplace, This space is truly one of a kind. The oversized garage fits up to three cars and a golf cart potentially. A prime location, the property offers convenient access to the vibrant downtown scene of Canal Street, while also providing a waterfront ambience to the area of new Smyrna Beach. A short 1 mile walk to the beach, one block to the intercoastal waterway and walking distance to shopping, restaurants, all the events and so much more. Whether you envision a trendy boutique, a vibrant, art, gallery, or other spectacular businesses this property is a blank canvas ready to be transformed into your dream venture and cosy home with excess amenities. Embrace and let your imagination run wild with the limitless potential this property holds. A true Gem, unique and one of a kind!! Incredibly well maintained.


Features & Amenities

Interior

General:
Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Dry Bar, Eating Space In Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Appliances:
Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer
Laundry:
Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Flooring:
Concrete, Hardwood
A/C:
true, Central Air, Humidity Control, Mini-Split Unit(s)
Heating:
true, Central, Electric

Exterior

General:
Awning(s), Balcony, Courtyard, French Doors, Garden, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Sidewalk
Pool:
Gunite, Heated, Lighting, Outside Bath Access, Salt Water, Tile

Construction

Roofing:
Other
General:
Block, Concrete, Three Or More, Slab

Location

Road/Access:
Asphalt
HOA Amenities:
198.0, Quarterly
Originating MLS:
Stellar MLS
County:
Volusia

Lot

Zoning:
MIXED USE, 41 17 34 LOT 15 TABBY HOUSE SUB MB 57 PGS 106-107 INC PER OR 7272 PGS 4617-4618, 744149000150
View:
City, Water

Utilities

Utilities:
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Stellar MLS
Buyers Agent Compensation:
2%
NA Compensation:
2%

This listing courtesy of:
EXIT REAL ESTATE PROPERTY SOL, Rachail R Allen

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.

Similar Homes

Message

Interested in this home?

Request more information: