5 months on rocket

508 N Peninsula Ave, New Smyrna Beach, FL, 32169

$1,150,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,840 SqFt
$625/SqFt
House
Schools Nearby

Location

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508 N Peninsula Ave, New Smyrna Beach$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1959
HeatingCentral
CoolingCentral Air
FireplaceElectric
Private PoolYes
MLS #O6161363
Lot Size0.17 Acres
StatusActive

About 508 N Peninsula Ave

Priced $150,000 UNDER appraised value for quick sale. Rare opportunity to own a COMPLETELY RENOVATED BEACHSIDE POOL HOME in the heart of everything New Smyrna Beach has to offer. This 3 bedrooms, 2.5 bathrooms home, with a single car garage, is nestled within walking distance to Flagler Avenue, the beach, and Indian River. Leaving only the exterior walls intact, this home was thoughtfully redesigned and rebuilt from the ground level up in 2019. Highlighted features include an open space concept with skylights and vaulted ceiling, gourmet kitchen great for entertaining with LARGE island, white cabinetry, QUARTZ countertops, GE Cafe Stainless Steel appliances, GAS stove, an electric fireplace bringing warmth to the living room, large INTERIOR laundry room with a built-in desk and work area, wood grain tile throughout, pavered driveway, EXPANSIVE lanai overlooking the new salt water pool with spa and sun shelf, TANKLESS GAS water heater, metal roof, hurricane impact windows, partial river view, and more. Best of all, this home backs up to a rear alleyway making it easy to store your boat or other toys in the backyard or behind the privacy fence. NO HOA. Relax in your back yard oasis, enjoy a short walk to the beach, go fishing at the neighborhood dock, or take a stroll down Flagler Avenue. This is a must see! Virtual Tour: https://youtu.be/lhjiAfOwYnQ

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Living Area: 1,840 SqFt

Listing Office:

  • Office Name: URBANISTA BROKERS
  • Office Phone: (407) 619-7272
  • Listing Agent: Anna Lohr

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Other

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 508 N Peninsula Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • 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
  • Coronado Beach Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From I-95 take SR 44 East to left on Peninsula Avenue, cross over Flagler Avenue, house will be on the left near the corner of Normandy and Peninsula.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $625/SqFt

Tax Information:

  • Annual Amount: $4,202
  • 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

508 N Peninsula Ave vs New Smyrna Beach

161 DAYS ON ROCKET

+95 Days

$1,150,000

+$714.9K More

$625/SqFt

+$335 More

KEY TAKEAWAY

This property is $714.9K more than the Median Sold Price and $335/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: #O6161363

Listing Office:

  • Office Name: URBANISTA BROKERS
  • Office Phone: (407) 619-7272
  • Listing Agent: Anna Lohr

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: 5/15/2024, 10:19:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 05, 2012Home Sold
$182,100

Tax History

YEARPROP. TAXASSESSMENT
2020$4,202$272,465
2019$2,784$187,379
2018$2,773$183,885
2017$2,773$179,409

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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-1284885
9
/10

  • Coronado Beach Elementary School

  • 3550 Michigan Ave

  • 3.03 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1284886
3
/10

  • New Smyrna Beach Middle School

  • 1200 S Myrtle Ave

  • 2.84 miles

  • Public District Grades 6-8

High School

school-card-donut-1284887
5
/10

  • New Smyrna Beach High School

  • 1015 10th St

  • 3.11 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 $53,837. The majority of New Smyrna Beach, FL residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 508 N Peninsula Ave

What is the listing price of this property?

The listing price of 508 N Peninsula Ave property is $1,150,000.

What type of property is this?

The property 508 N Peninsula Ave is a house located in New Smyrna Beach, Florida, 32169.

Is this property for sale now?

Active Listing: 508 N Peninsula Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 508 N Peninsula Ave are:
Coronado Beach Elementary School: GreatSchools Rating 9/10
New Smyrna Beach Middle School: GreatSchools Rating 3/10
New Smyrna Beach High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,202 (source: MLS/based on county public records data).

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

The last sale was on July 5, 2012 for $182,100. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 508 N Peninsula Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 508 N Peninsula Ave is 1,840 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 508 N Peninsula Ave is 1959.

Rocket Homes›Florida›Volusia County›New Smyrna Beach›32169›508 N Peninsula Ave

This home is located at 508 N Peninsula Ave in New Smyrna Beach, FL and zip code 32169. This 1,840 square foot home, which was built in 1959, sits on a 0.17 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 05, 2023 and is currently priced at $1,150,000.

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 inventory of homes for sale in New Smyrna Beach, FL between March 2024 and April 2024 increased by 6.5%. While the average time on the market in April 2024 was 66 days, the median list price was $435,078.

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

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