2 months on rocket

307 Rush St, New Smyrna Beach, FL, 32168

$1,010,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Full Baths
2,792 SqFt
$362/SqFt
House
Schools Nearby

Location

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307 Rush St, New Smyrna Beach$1,010,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1920
HeatingElectric
CoolingCentral Air
MLS #NS1080603
Lot Size0.14 Acres
StatusActive

About 307 Rush St

Welcome to the epitome of downtown living in New Smyrna Beach, where luxury and investment potential seamlessly merge. Nestled downtown on Rush Street in the bed-and-breakfast overlay, this multifamily gem is a testament to meticulous renovation and prime location. The property features a front house with four distinct apartments, providing a diverse mix of living spaces catering to various preferences. The front house includes two one-bedroom apartments and two two-bedroom apartments, ensuring versatility for tenants seeking different configurations. In addition to the front house, there is an additional studio cottage on the property, allowing for a fifth unit to be rented as well. The layout maximizes privacy and convenience, with each unit equipped with its own meter for utilities and dedicated washer and dryer hookups. This thoughtful design adds a layer of independence for residents and makes this property an ideal investment for both short-term and long-term rental opportunities. A standout feature of this multifamily home is its adherence to high-quality craftsmanship, with no expense spared during the $450,000 renovation. Rain engineering ensures the structural integrity of the property, making it resilient against the coastal climate. Inside, every detail has been carefully considered – from all-new flooring to cabinets and quartz countertops throughout. The result is a harmonious blend of modern aesthetics and functionality, making this property a turnkey investment opportunity. Tucked away in the heart of downtown New Smyrna Beach, this multifamily home not only promises an exceptional return on investment but also offers a chance to be part of a vibrant community. With the flexibility of short-term rentals allowed, this property opens the door to a lucrative income stream, attracting both tourists and long-term tenants alike. Don't miss the chance to own a piece of urban paradise where luxury, location, and investment potential converge.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 2,792 SqFt

Listing Office:

  • Office Name: THE HIGH TIDE GROUP
  • Listing Agent: Tara Lyall

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Refrigerator
  • Flooring Type: Luxury Vinyl
  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • New Smyrna Beach High School, Public District Grades 9-12
  • New Smyrna Beach Middle School, Public District Grades 6-8
  • Chisholm Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From US Hwy 1 go east onto Washington St and left onto Rush St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,010,000
  • Price Per SqFt: $362/SqFt

Tax Information:

  • Annual Amount: $3,990
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in New Smyrna Beach, FL.

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New Smyrna Beach, FL

City

Med. Sold Price

$435K

Med. Price/SqFt

$290

Avg. Days On Market

66

# of Sold Homes

117

307 Rush St vs New Smyrna Beach

77 DAYS ON ROCKET

+11 Days

$1,010,000

+$574.9K More

$362/SqFt

+$72 More

KEY TAKEAWAY

This property is $574.9K more than the Median Sold Price and $72/SqFt more than other homes in New Smyrna Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #NS1080603

Listing Office:

  • Office Name: THE HIGH TIDE GROUP
  • Listing Agent: Tara Lyall

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/2/2024, 12:19:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 05, 2011Home Sold
$157,000
Mar 18, 2004Home Sold
$176,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,990$218,837
2019$4,033$202,431
2018$3,659$184,028
2017$3,450$182,786

History based on county public records data.

Payment Calculator

$5,108

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,095

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4712535
8
/10

  • Chisholm Elementary School

  • 557 Ronnoc Ln

  • 0.48 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4712536
3
/10

  • New Smyrna Beach Middle School

  • 1200 S Myrtle Ave

  • 1.54 miles

  • Public District Grades 6-8

High School

school-card-donut-4712537
4
/10

  • New Smyrna Beach High School

  • 1015 10th St

  • 1.65 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,953. Residents of New Smyrna Beach, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 307 Rush St

What is the listing price of this property?

The listing price of 307 Rush St property is $1,010,000.

What type of property is this?

The property 307 Rush St is a house located in New Smyrna Beach, Florida, 32168.

Is this property for sale now?

Active Listing: 307 Rush St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 307 Rush St are:
Chisholm Elementary School: GreatSchools Rating 8/10
New Smyrna Beach Middle School: GreatSchools Rating 3/10
New Smyrna Beach High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,990 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 5, 2011 for $157,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 307 Rush St has 7 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 307 Rush St is 2,792 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 307 Rush St is 1920.

Rocket Homes›Florida›Volusia County›New Smyrna Beach›32168›307 Rush St

This home is located at 307 Rush St in New Smyrna Beach, FL and zip code 32168. This 2,792 square foot home, which was built in 1920, sits on a 0.14 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $1,010,000.

New Smyrna Beach, FL housing market in April 2024 saw over 5 listings sold above listed price, more than 21 sold at listed price and over 91 sold below. The number of homes for sale in New Smyrna Beach, FL increased by 6.5% between March 2024 and April 2024. Listings spent 66 days on the market in April 2024, and had a median list price of $435,078 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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