Listing Details for MLS #O6304018
611 S Atlantic Avenue Unit 4212, New Smyrna Beach, Fl

Residential Property - Condominium in New Smyrna Beach

Listing Price: $469,000 (Mortgage Calculator →)Days on Market: 125

Description of Property

Looking for a strong investment opportunity with immediate income potential, or the perfect beachfront getaway? This fully furnished, 2nd floor, direct oceanfront condo at Coconut Palms Beach Resort II in New Smyrna Beach offers the best of both worlds. Featuring breathtaking ocean views and a balcony that stretches across the entire unit—with impact sliding doors into both the Master Bedroom and Living Room—this 1-bedroom, 1-bath condo is ready for you and your guests to enjoy. Ideally located less than a mile from vibrant Flagler Avenue, you’ll have easy access to fantastic shops, restaurants, and nightlife, making this an ideal spot for both personal vacations and lucrative rental income.Completely renovated with new appliances, TVs, furniture, patio chairs, refreshed kitchen and bathroom, the condo is truly turnkey. A new hot water system was recently installed throughout the building, and the HOA fee covers all utilities, including electricity, water, cable, internet, and phone, minimizing owner expenses. Short-term rentals are permitted on all major platforms like Airbnb, VRBO, and Homeaway, giving you the flexibility to rent nightly, weekly, or monthly and generate outstanding returns when you’re not personally enjoying the unit yourself.Guests and owners alike will appreciate the resort-style amenities, including two swimming pools (one heated), a sun deck, BBQ grills, picnic tables, swings, cabanas, outside showers, a fitness center, and an activities room. With direct beach access right outside your door, days can be spent lounging in the sun or taking in the ocean breeze from the private balcony. The building is currently undergoing renovations that will further enhance the value of the property. Centrally located in the heart of New Smyrna Beach, just steps to Flagler Avenue and 3rd Avenue’s popular restaurants and shops, this condo offers an incredible opportunity to own a piece of paradise—whether you're looking to enjoy it yourself, rent it out, or both.The average asking price for a 1 bedroom/1 bath condominium in this Zip code is $312,780. This condominium is listed at about 150% of the average asking price. There are 3 1 bedroom/1 bath homes between $400,000 and $600,000 currently listed for sale in this Zip code. See other listings like this one »