Listing Details for MLS #G5095558
1705 S Atlantic Avenue Unit 502, New Smyrna Beach, Fl

Residential Property - Condominium in New Smyrna Beach

Listing Price: $1,139,500 (Mortgage Calculator →)Days on Market: 72

Description of Property

Move in ready fully furnished Direct Oceanfront, 5th floor unit, Malibu Condominiums, New Smyrna Beach. This spacious 3-bedroom, 3-bath unit has 10-foot ceilings, an open-floor plan, and 2000 square feet of living space. Enjoy magnificent oceanfront views from your great room, kitchen, master bedroom, and private balcony. The Malibu is centrally located 1 mile south of Flagler Avenue. This condominium complex features 29 units, a secure lobby entrance, 2 elevators, a large community pool, year-round heated spa, clubhouse, fitness center and interior garage spaces. The kitchen features new stainless steel appliances, premium granite countertops, and a coordinating backsplash. The master suite has balcony access and direct ocean views, jetted tub, dual vanities, a walk-in shower, and an enclosed toilet room. All guest bedrooms include en-suite bathrooms. Additionally, there is a study/flex space offering versatility to meet your needs. Upgrades include crown molding and porcelain tile floors throughout, plantation shutters, custom blinds, ceiling fans. The condo was professionally painted this year, including walls, doors, and trim, for a fresh new look. Kitchen appliances and water heater were just replaced. The A/C unit was replaced in 2020. All closets are finished with premium shelving and include five walk-in closets for abundant storage. The Malibu complex is well-maintained. Recent updates include new exterior paint in 2024, new landscaping to be completed Spring 2025. The seawall was reconditioned in 2023 and extended by 60 feet across the entire property. The lobby was remodeled in 2022 with new flooring, new doors, contemporary furniture, and new wall decor. Exterior entrance doors were replaced in 2024. The Malibu complex also has a newly refinished pool, spa, paver deck, and fencing. As a summary, here are highlighted features: • Fully furnished and move in ready, including fully stocked kitchen, bed and bath linens • All tile floors (no carpet or vinyl) • Premium cabinets, full height in kitchen (cabinet interiors well maintained) • Premium granite countertops • Premium tile backsplash • Breakfast bar wall is fully tiled (no scuffs) • Crown molding throughout condo • Casing added around all exterior doors • New matching GE Profile stainless steel appliances (refrigerator and dishwasher July 2024. Range April 2025) • New water heater (April 2025) • Walls, doors, and trim freshly painted January 2025 • All finished closets • Large laundry room with full-size washer and dryer, cabinet storage, and large locking armoire • Two-year-old premium Samsung 75” TV and Sound Bar in great room • Modern flat-screen TVs in each bedroom • Two locking closets for personal items • Several locking cabinets and drawers also for personal items In addition, the building allows a minimum rental period of 7 days. This is an opportunity to generate rental income during times that you won’t be using the unit. You can choose to rent seasonally, monthly, or weekly, and the rental Income will cover costs such as HOA dues, taxes, and utilities. This is your chance to make your vacation home a more affordable investment. This Malibu unit is your opportunity to experience beachfront lifestyle! Schedule a viewing today!The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $1,130,013. This condominium is listed at about 101% of the average asking price. There are 6 3 bedroom/3 bath homes between $1,000,000 and $1,400,000 currently listed for sale in this Zip code. See other listings like this one »

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