5300 S Atlantic Ave S Unit 6-206 · New Smyrna Beach, FL 32169

$367,400

2 bd · 2.0 ba · 1,609 sqft · Condo · 541 Days on market

Built 2002 Good condition $228/sqft · 23% below area Est $475k · 23% under $799/mo HOA · 24% of rent

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +6.2/30.0
• Schools +5.3/10.0
• 1% rule +4.2/10.0
• Rent growth +3.8/5.0
• Condition / age +3.8/5.0
• Livability +3.5/5.0
• DSCR +0.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

HUGE PRICE ADJUSTMENT!!! BEACH ACCESS!! IMMACULATE, Furnished, Two-Bedroom, Two-Bathroom Condo in Ocean Walk is Move-In Ready! * * With the beautiful NSB beach across the street (Private Ocean Walk access) and a large tiled balcony with a park-like view of the walking trails and estuary, LIFE IS GOOD HERE! * * Building 6 is located near entry gate for quick access to the beach or a short drive to the many unique NSB shops, amazing restaurants, and the Canaveral National Seashore * * Building 6 boasts the lowest HOA fees in the community which include Spectrum TV & Internet, trash & water. * * In 2022 the stucco was repaired and repainted. * * Roof repairs were made in 2024. All assessments for this condo have been paid. * * The Large Open Floor Plan and the Comfy Furnishings in this condo will immediately feel like you are home! * * The breakfast bar and large dining area provide ample space for family or guest dinners & parties. * * The spacious kitchen with pantry make the chef happy with lots of cabinet and work space for meal preparation. * * The laundry room with washer and dryer is near the kitchen . * * The light bright living room opens to the balcony where you enjoy fantastic daytime views, a gentle ocean breeze and the evening splendor of amazing Florida sunsets. * * The oversized ensuite Primary Bedroom features a large walk-in closet, double vanities, large soaking tub, walk-in shower and slider access to the balcony. * * The Second Bedroom with walk-in closet is large enough for King size bed or could also serve as an office. * * Sellers have updated the AC in 2019 and the Appliances were updated in 2020. The Dining Table with 6 Chairs new in 2024 * * * * This unit includes the convenience of deeded under-building garage for parking with elevator to unit. A deeded 39x58 storage closet near the entrance of 6-206 is included. * * Building 6 has a 3-day minimum rental. * * The Beach is Always Yours here - simply cross the street at the Ocean Walk private access to the serene, no drive beach, featuring a convenient shower station. * * Ocean Walk amenities include 2 Private Pools, 2 Club Houses, Fitness Centers, Tennis Courts, Walking Trails, Car Wash stations (great for rinsing off your beach bikes), and much more. * * Information deemed accurate but not guaranteed. All measurements are approximate. Buyer responsible to verify all dimensions and any information that is pertinent to them.

Key facts

• Private pools
• Large tiled balcony
• $799 HOA

Tags

• LARGE TILED BALCONY
• PRIVATE OCEAN WALK ACCESS
• SPACIOUS KITCHEN WITH PANTRY
• DEEDED UNDER-BUILDING GARAGE
• DEEDED STORAGE CLOSET
• PRIVATE POOLS

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $367k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-744 ($-9k/yr) — negative.
• To cash-flow at today's rent, offer at most $260k (29.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $337k (8.3% below list).
• Recommended offer: $260k (29.3% below list) — sets the bar for cash-flow.
• Cap rate 4.1% vs local median 2.8% in New Smyrna Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 69/100 on livability (#474 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, employment B; Watch: amenities F, commute F, health & safety D-.
• Volusia (suburban): math 44% / reading 49% proficiency, ranked #47 of 73 in FL (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Coronado Beach Elementary School (math 67% / reading 77%, grade A-, #288 of 2,144 statewide, top 15%, 223 students, 36% FRL); New Smyrna Beach Middle School (math 43% / reading 43%, grade D-, #331 of 571 statewide, top 59%, 1,037 students, 53% FRL); New Smyrna Beach High School (math 34% / reading 52%, grade F, #255 of 667 statewide, top 39%, 1,810 students, 41% FRL).
• Market conditions: Rents rising fast (+5.2%/yr); 582 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 73d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 86% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• This rent runs 36% of the median local income ($111k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Volusia County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 541 days — a 12% lower offer ($323k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 19y ago; this cycle's ask has dropped $38k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $212k; list at $367k implies a 73% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; HOA is 24% of rent.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $259,797 (29.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 541 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
9. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.92% ✗
• Cap rate: 4.08%
• Cash-on-cash: -7.90%
• DSCR: 0.65
• GRM: 9.1

CMA / ARV

• ARV (median comp): $475,000
• List price: $367,400
• Delta: -22.65%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5300 S Atlantic Ave Unit 18-303	0.00mi	3/2.0 (+1)	1,601 (-0%)	0mo	$475,000	$297	94
5300 S Atlantic Ave Unit 8-407	0.00mi	3/2.0 (+1)	1,768 (+10%)	0mo	$421,300	$238	78
5275 S Atlantic Ave #406	0.12mi	2/2.0	1,348 (-16%)	0mo	$850,000	$631	69
4607 Saxon Dr	1.31mi	2/2.5	1,866 (+16%)	0mo	$540,000	$289	38
6396 S Atlantic Ave	1.37mi	3/2.0 (+1)	1,974 (+23%)	0mo	$1,600,000	$811	35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.17% rent growth · sell at horizon

5-year hold

• IRR: -28.0%
• Equity multiple: 0.04×
• Total profit: $-98,801
• Equity at exit: $54,781

10-year hold

• IRR: -17.6%
• Equity multiple: -0.09×
• Total profit: $-112,423
• Equity at exit: $31,766

Cash invested: $102,872 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

Active competition Active MLS

• For sale now: 5 active · 1 under contract
• Median asking: $433,000 ($284/sqft)
• Median days on market: 236 d
• This list price: lowest-priced of the active set
• ARV vs active asking: +4.0% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 32169

• Rents YoY: 5.2%
• Active inventory: 582
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $3,368 high
• Mortgage (P&I): −$1,927
• Tax est. 1.5%: −$459 /mo · $5,511/yr
• Insurance: −$153
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$799
• Vacancy / Maint / Mgmt: −$707
• Net cashflow: $-744

Break-even live

Break-even rent $4,309

Max offer price $259,797

Occupancy floor —

Sensitivity live

Price	-10% $-490	-5% $-617	+0% $-744	+5% $-871	+10% $-998
Rent	-10% $-1,010	-5% $-877	+0% $-744	+5% $-611	+10% $-478
Rate	-1.0pp $-559	-0.5pp $-650	base $-744	+0.5pp $-839	+1.0pp $-936

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $91,850
• Closing costs: $11,022
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5300 S Atlantic Ave New Smyrna Beach, FL	2.0	2.0	1389	$3,500	$2.52	72d	1	0.02mi
5300 S Atlantic Ave Unit 4-302 New Smyrna Beach, FL	2.0	2.0	1389	$3,800	$2.74	16d	1	0.02mi
5300 S Atlantic Ave Unit 9-206 New Smyrna Beach, FL	2.0	2.0	1583	$2,200	$1.39	72d	1	0.02mi
5300 S Atlantic Ave Unit 3502 New Smyrna Beach, FL	2.0	2.0	1389	$3,600	$2.59	72d	1	0.02mi
5301 S Atlantic Ave Apt 73 New Smyrna Beach, FL	2.0	2.0	1139	$6,000	$5.27	72d	1	0.15mi
5207 S Atlantic Ave New Smyrna Beach, FL	2.0	2.0	1350	$4,100	$3.04	72d	1	0.16mi
6343 Turtlemound Rd New Smyrna Beach, FL	3.0	2.0	1756	$5,000	$2.85	72d	1	1.29mi

HOA detail $799/mo · $9,588/yr condo

• Likely covers: watertrashinternetroofpoolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-08-08
   days on market $367,400 Active 541 DOM
2. 2026-08-07
   days on market $367,400 Active 540 DOM
3. 2026-08-06
   days on market $367,400 Active 539 DOM
4. 2026-08-05
   days on market $367,400 Active 538 DOM
5. 2026-08-04
   days on market $367,400 Active 537 DOM
6. 2026-08-03
   days on market $367,400 Active 536 DOM
7. 2026-07-31
   pricedays on market $367,400 Active 533 DOM
8. 2026-07-16
   days on market $379,400 Active 518 DOM
9. 2026-07-16
   days on market $379,400 Active 517 DOM
10. 2026-07-14
    days on market $379,400 Active 516 DOM
11. 2026-07-14
    days on market $379,400 Active 515 DOM
12. 2026-07-12
    days on market $379,400 Active 514 DOM
13. 2026-07-11
    days on market $379,400 Active 513 DOM
14. 2026-07-10
    days on market $379,400 Active 512 DOM
15. 2026-07-09
    days on market $379,400 Active 511 DOM
16. 2026-07-07
    days on market $379,400 Active 509 DOM
17. 2026-07-06
    days on market $379,400 Active 508 DOM
18. 2026-07-05
    days on market $379,400 Active 507 DOM
19. 2026-07-03
    days on market $379,400 Active 505 DOM
20. 2026-07-01
    days on market $379,400 Active 503 DOM
21. 2026-06-30
    days on market $379,400 Active 502 DOM
22. 2026-06-29
    days on market $379,400 Active 501 DOM
23. 2026-06-28
    days on market $379,400 Active 500 DOM
24. 2026-06-28
    days on market $379,400 Active 499 DOM
25. 2026-06-27
    days on market $379,400 Active 498 DOM
26. 2026-06-25
    days on market $379,400 Active 496 DOM
27. 2026-06-23
    days on market $379,400 Active 494 DOM
28. 2026-06-22
    days on market $379,400 Active 493 DOM
29. 2026-06-18
    days on market $379,400 Active 490 DOM
30. 2026-06-17
    days on market $379,400 Active 489 DOM
31. 2026-06-16
    days on market $379,400 Active 488 DOM
32. 2026-06-15
    days on market $379,400 Active 487 DOM
33. 2026-06-14
    days on market $379,400 Active 485 DOM
34. 2026-06-10
    days on market $379,400 Active 482 DOM
35. 2026-06-09
    days on market $379,400 Active 481 DOM
36. 2026-06-08
    days on market $379,400 Active 480 DOM
37. 2026-06-07
    days on market $379,400 Active 479 DOM
38. 2026-06-05
    days on market $379,400 Active 476 DOM
39. 2026-06-03
    days on market $379,400 Active 475 DOM
40. 2026-06-03
    days on market $379,400 Active 474 DOM
41. 2026-06-01
    days on market $379,400 Active 473 DOM
42. 2026-05-31
    days on market $379,400 Active 472 DOM
43. 2026-05-31
    days on market $379,400 Active 471 DOM
44. 2026-01-23
    price $379,400 2502-char remark

    Show marketing remark (2502 chars)

    HUGE PRICE ADJUSTMENT!!! BEACH ACCESS!! IMMACULATE, Furnished, Two-Bedroom, Two-Bathroom Condo in Ocean Walk is Move-In Ready! * * With the beautiful NSB beach across the street (Private Ocean Walk access) and a large tiled balcony with a park-like view of the walking trails and estuary, LIFE IS GOOD HERE! * * Building 6 is located near entry gate for quick access to the beach or a short drive to the many unique NSB shops, amazing restaurants, and the Canaveral National Seashore * * Building 6 boasts the lowest HOA fees in the community which include Spectrum TV & Internet, trash & water. * * In 2022 the stucco was repaired and repainted. * * Roof repairs were made in 2024. All assessments for this condo have been paid. * * The Large Open Floor Plan and the Comfy Furnishings in this condo will immediately feel like you are home! * * The breakfast bar and large dining area provide ample space for family or guest dinners & parties. * * The spacious kitchen with pantry make the chef happy with lots of cabinet and work space for meal preparation. * * The laundry room with washer and dryer is near the kitchen . * * The light bright living room opens to the balcony where you enjoy fantastic daytime views, a gentle ocean breeze and the evening splendor of amazing Florida sunsets. * * The oversized ensuite Primary Bedroom features a large walk-in closet, double vanities, large soaking tub, walk-in shower and slider access to the balcony. * * The Second Bedroom with walk-in closet is large enough for King size bed or could also serve as an office. * * Sellers have updated the AC in 2019 and the Appliances were updated in 2020. The Dining Table with 6 Chairs new in 2024 * * * * This unit includes the convenience of deeded under-building garage for parking with elevator to unit. A deeded 39x58 storage closet near the entrance of 6-206 is included. * * Building 6 has a 3-day minimum rental. * * The Beach is Always Yours here - simply cross the street at the Ocean Walk private access to the serene, no drive beach, featuring a convenient shower station. * * Ocean Walk amenities include 2 Private Pools, 2 Club Houses, Fitness Centers, Tennis Courts, Walking Trails, Car Wash stations (great for rinsing off your beach bikes), and much more. * * Information deemed accurate but not guaranteed. All measurements are approximate. Buyer responsible to verify all dimensions and any information that is pertinent to them.

45. 2025-04-15
    price $399,000 2502-char remark

    Show marketing remark (2502 chars)

    HUGE PRICE ADJUSTMENT!!! BEACH ACCESS!! IMMACULATE, Furnished, Two-Bedroom, Two-Bathroom Condo in Ocean Walk is Move-In Ready! * * With the beautiful NSB beach across the street (Private Ocean Walk access) and a large tiled balcony with a park-like view of the walking trails and estuary, LIFE IS GOOD HERE! * * Building 6 is located near entry gate for quick access to the beach or a short drive to the many unique NSB shops, amazing restaurants, and the Canaveral National Seashore * * Building 6 boasts the lowest HOA fees in the community which include Spectrum TV & Internet, trash & water. * * In 2022 the stucco was repaired and repainted. * * Roof repairs were made in 2024. All assessments for this condo have been paid. * * The Large Open Floor Plan and the Comfy Furnishings in this condo will immediately feel like you are home! * * The breakfast bar and large dining area provide ample space for family or guest dinners & parties. * * The spacious kitchen with pantry make the chef happy with lots of cabinet and work space for meal preparation. * * The laundry room with washer and dryer is near the kitchen . * * The light bright living room opens to the balcony where you enjoy fantastic daytime views, a gentle ocean breeze and the evening splendor of amazing Florida sunsets. * * The oversized ensuite Primary Bedroom features a large walk-in closet, double vanities, large soaking tub, walk-in shower and slider access to the balcony. * * The Second Bedroom with walk-in closet is large enough for King size bed or could also serve as an office. * * Sellers have updated the AC in 2019 and the Appliances were updated in 2020. The Dining Table with 6 Chairs new in 2024 * * * * This unit includes the convenience of deeded under-building garage for parking with elevator to unit. A deeded 39x58 storage closet near the entrance of 6-206 is included. * * Building 6 has a 3-day minimum rental. * * The Beach is Always Yours here - simply cross the street at the Ocean Walk private access to the serene, no drive beach, featuring a convenient shower station. * * Ocean Walk amenities include 2 Private Pools, 2 Club Houses, Fitness Centers, Tennis Courts, Walking Trails, Car Wash stations (great for rinsing off your beach bikes), and much more. * * Information deemed accurate but not guaranteed. All measurements are approximate. Buyer responsible to verify all dimensions and any information that is pertinent to them.

46. 2025-02-11
    listed $405,000 Active 2502-char remark

    Show marketing remark (2502 chars)

    HUGE PRICE ADJUSTMENT!!! BEACH ACCESS!! IMMACULATE, Furnished, Two-Bedroom, Two-Bathroom Condo in Ocean Walk is Move-In Ready! * * With the beautiful NSB beach across the street (Private Ocean Walk access) and a large tiled balcony with a park-like view of the walking trails and estuary, LIFE IS GOOD HERE! * * Building 6 is located near entry gate for quick access to the beach or a short drive to the many unique NSB shops, amazing restaurants, and the Canaveral National Seashore * * Building 6 boasts the lowest HOA fees in the community which include Spectrum TV & Internet, trash & water. * * In 2022 the stucco was repaired and repainted. * * Roof repairs were made in 2024. All assessments for this condo have been paid. * * The Large Open Floor Plan and the Comfy Furnishings in this condo will immediately feel like you are home! * * The breakfast bar and large dining area provide ample space for family or guest dinners & parties. * * The spacious kitchen with pantry make the chef happy with lots of cabinet and work space for meal preparation. * * The laundry room with washer and dryer is near the kitchen . * * The light bright living room opens to the balcony where you enjoy fantastic daytime views, a gentle ocean breeze and the evening splendor of amazing Florida sunsets. * * The oversized ensuite Primary Bedroom features a large walk-in closet, double vanities, large soaking tub, walk-in shower and slider access to the balcony. * * The Second Bedroom with walk-in closet is large enough for King size bed or could also serve as an office. * * Sellers have updated the AC in 2019 and the Appliances were updated in 2020. The Dining Table with 6 Chairs new in 2024 * * * * This unit includes the convenience of deeded under-building garage for parking with elevator to unit. A deeded 39x58 storage closet near the entrance of 6-206 is included. * * Building 6 has a 3-day minimum rental. * * The Beach is Always Yours here - simply cross the street at the Ocean Walk private access to the serene, no drive beach, featuring a convenient shower station. * * Ocean Walk amenities include 2 Private Pools, 2 Club Houses, Fitness Centers, Tennis Courts, Walking Trails, Car Wash stations (great for rinsing off your beach bikes), and much more. * * Information deemed accurate but not guaranteed. All measurements are approximate. Buyer responsible to verify all dimensions and any information that is pertinent to them.

47. 2018-06-19
    soldstatus $212,000 Closed 816-char remark

    Show marketing remark (816 chars)

    Fully furnished 2rd floor unit with spectacular views from the oversized tiled screened porch of the estuary and all of nature's glory and stunning sunsets. The inside is completely tiled throughout and includes a beautiful fully equipped kitchen, a breakfast bar, and plenty of cupboard space including a walk-in pantry. .. all this overlooks the spacious living and dining areas with plenty of room to entertain. There is a large master suite with sliders out to the porch, and spacious bathroom with granite countertops, a Jacuzzi tub, a separate shower, 2 sinks, and a big walk in closet. The guest bathroom also has granite countertops and is just off the 2nd bedroom. Very tastefully furnished and includes an inside laundry room with a full size washer & dryer. All this plus underground parking parking

48. 2018-06-19
    soldstatus $212,000

    Show marketing remark (816 chars)

    Fully furnished 2rd floor unit with spectacular views from the oversized tiled screened porch of the estuary and all of nature's glory and stunning sunsets. The inside is completely tiled throughout and includes a beautiful fully equipped kitchen, a breakfast bar, and plenty of cupboard space including a walk-in pantry. .. all this overlooks the spacious living and dining areas with plenty of room to entertain. There is a large master suite with sliders out to the porch, and spacious bathroom with granite countertops, a Jacuzzi tub, a separate shower, 2 sinks, and a big walk in closet. The guest bathroom also has granite countertops and is just off the 2nd bedroom. Very tastefully furnished and includes an inside laundry room with a full size washer & dryer. All this plus underground parking parking

49. 2018-05-29
    status Pending 816-char remark

    Show marketing remark (816 chars)

    Fully furnished 2rd floor unit with spectacular views from the oversized tiled screened porch of the estuary and all of nature's glory and stunning sunsets. The inside is completely tiled throughout and includes a beautiful fully equipped kitchen, a breakfast bar, and plenty of cupboard space including a walk-in pantry. .. all this overlooks the spacious living and dining areas with plenty of room to entertain. There is a large master suite with sliders out to the porch, and spacious bathroom with granite countertops, a Jacuzzi tub, a separate shower, 2 sinks, and a big walk in closet. The guest bathroom also has granite countertops and is just off the 2nd bedroom. Very tastefully furnished and includes an inside laundry room with a full size washer & dryer. All this plus underground parking parking

50. 2018-05-11
    listed $224,900 Active 816-char remark

    Show marketing remark (816 chars)

    Fully furnished 2rd floor unit with spectacular views from the oversized tiled screened porch of the estuary and all of nature's glory and stunning sunsets. The inside is completely tiled throughout and includes a beautiful fully equipped kitchen, a breakfast bar, and plenty of cupboard space including a walk-in pantry. .. all this overlooks the spacious living and dining areas with plenty of room to entertain. There is a large master suite with sliders out to the porch, and spacious bathroom with granite countertops, a Jacuzzi tub, a separate shower, 2 sinks, and a big walk in closet. The guest bathroom also has granite countertops and is just off the 2nd bedroom. Very tastefully furnished and includes an inside laundry room with a full size washer & dryer. All this plus underground parking parking

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (shaded) · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,418
• − Mortgage interest: −$20,580
• − Property taxes: −$5,511
• − Insurance: −$2,634
• − Repairs & maintenance: −$3,233
• − Management: −$3,233
• − HOA: −$9,588
• − Depreciation: −$10,688
• Taxable loss: −$15,050
• Est. tax savings @ 24.0%: +$3,612
• After-tax cash flow: $-5,311/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $8,045–$24,135 screening

This move-in ready condo is in good condition with minimal repairs needed. It offers a great location and has the potential for significant value increases with some cosmetic updates.

Value-add opportunities

• Both Paint the exterior walls — Fresh paint can enhance curb appeal and property value. ↑
• Both Replace the ceiling fans — New ceiling fans can improve air circulation and add to the home's appeal. ↑
• Both Install new flooring in the kitchen and bathrooms — New flooring can significantly improve the look and feel of the home, making it more attractive to buyers and renters. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 53/100

Zoned Schools

Elementary Coronado Beach Elementary School A- FL #288/2,144 Nat'l #2,792/41,679 Middle New Smyrna Beach Middle School D- FL #331/571 Nat'l #5,160/14,009 High New Smyrna Beach High School F FL #255/667 Nat'l #7,439/17,239

Schools (NCES district)

• District: Volusia
• NCES district ID: 1201920
• Math proficiency: 44% ▼ -9.00%
• Reading proficiency: 49% ▼ -3.00%
• Median HH income: $42,946
• Composite: 39.2/100
• National rank: #4019
• State rank: #47 of 73 in FL

C Composite livability gradescore 69/100

Livability — New Smyrna Beach

• Score: 69/100
• State rank: #474
• US rank: #8577

Category grades

Amenities F Commute F Cost of living C+ Crime A+ Employment B Housing A+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Volusia County · 572,749 people
• City population: 42,039
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 10,192
• Household income: $110,968
• Rent vs Own: 11.8% rent · 88.2% own
• Severe rent burden: 15% of renters

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Population outlook (Volusia County) Hauer SSP2

• Today (2025): 572,749 people
• By 2030: 598,695 · +4.5%
• By 2040: 644,880 · +12.6%
• By 2050: 681,451 · +19.0%
• By 2075: 759,957 · +32.7%
• By 2100: 778,902 · +36.0%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 5% Hispanic / Latino 5% Asian 1%
• Common ancestry: Romanian 4% Lithuanian 4% Italian 3%
• Foreign-born: 7% · Canada, South Korea
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 1%

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Political lean MEDSL · Volusia

• 2024 margin: Strong R (+21.8) · D 38.7% · R 60.5%
• 2008→2024 swing: -27.4pp toward R · 2008: 5.7pp · 2024: -21.8pp
• All cycles: 2024: R+21.8 2020: R+14.1 2016: R+13.1 2012: R+1.2 2008: D+5.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -297.06%
• Current HPI: 345.3555
• Rent YoY: ▲ 5.17%
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

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Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+99.8% since first listed

12 events — show timeline

• 2026-01-23 Price Changed $379,400 Daytona MLS
• 2025-04-15 Price Changed $399,000 Daytona MLS
• 2025-02-11 Listed $405,000 Daytona MLS
• 2018-06-19 Sold (MLS) $212,000 Stellar MLS as Distributed by MLS Grid
• 2018-06-19 Sold (MLS) $212,000 Daytona MLS
• 2018-05-29 Pending — Daytona MLS
• 2018-05-11 Listed $224,900 Stellar MLS as Distributed by MLS Grid
• 2018-05-11 Listed $224,900 Daytona MLS
• 2011-12-08 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2011-06-08 Listed $187,000 Stellar MLS as Distributed by MLS Grid
• 2008-07-10 Sold (MLS) $175,000 Stellar MLS as Distributed by MLS Grid
• 2007-02-15 Listed $189,900 Stellar MLS as Distributed by MLS Grid