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5300 Atlantic Avenue 1-401
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PRICED AT ONLY: $525,000

Address: 5300 Atlantic Avenue 1-401, NEW SMYRNA BEACH, FL 32169

Description

Turnkey Ocean Walk Corner Unit | $48,500 Rental Income | Sleeps 10 | Building 1 Experience coastal living and exceptional investment potential in this fully furnished 3 bedroom, 2 bath corner unit in Building 1 of the highly desirable Ocean Walk community in New Smyrna Beach. This property has generated $48,500 in rental revenue and features a maximized guest occupancy of 10, making it a strong opportunity for vacation rental investors, second home buyers, or those seeking a beachside retreat with proven income potential. The spacious open concept layout is filled with natural light from expansive windows and sliding glass doors that lead to two private balconies, creating seamless indoor outdoor living and the perfect place to enjoy ocean breezes. The well equipped kitchen features stainless steel appliances, generous counter space, and ample cabinetry, making it ideal for both everyday living and entertaining guests. The primary suite offers a private retreat with an ensuite bathroom complete with a deep soaking tub, separate shower, and walk in closet. Two additional bedrooms provide comfortable accommodations for family and guests, while the sleeping configuration allows up to 10 guests, maximizing rental demand and revenue potential. Additional features include: Fresh paint and flooring throughout Full laundry room for added convenience Fully furnished and turnkey ready for immediate rental or personal use Ocean Walk residents enjoy a full suite of resort style amenities, including: Two clubhouses Two swimming pools Fitness center Tennis courts and shuffleboard Direct beach access via raised boardwalk Located just minutes from New Smyrna Beach restaurants, shopping, and entertainment, this property offers the perfect combination of coastal lifestyle, strong rental performance, and investment potential. Whether you are looking for a high performing vacation rental, second home, or full time residence, this Ocean Walk corner unit offers a rare opportunity in one of New Smyrna Beachs most sought after communities. Schedule your private showing today.
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  • MLS#: TB8481894 ( Residential )
  • Street Address: 5300 Atlantic Avenue 1-401
  • Viewed: 6
  • Price: $525,000
  • Price sqft: $316
  • Waterfront: No
  • Year Built: 2000
  • Bldg sqft: 1661
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 1
  • Days On Market: 45
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony
  • Flooring: Luxury Vinyl
  • Living Area: 1661.00
  • Roof: Other
Property Information
  • Property Condition: Completed
School Information
  • High School: New Smyrna Beach High
  • Middle School: New Smyrna Beach Middl
  • School Elementary: Coronado Beach Elem
Garage and Parking
  • Garage Spaces: 1.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Pool Features: Heated, In Ground
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee Includes: Cable TV, Pool, Insurance, Internet, Maintenance Grounds, Pest Control
  • Home Owners Association Fee: 920.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Association Name: Tiffany Smith
  • Association Phone: 386-423-7796 x54
  • Country: US
  • Furnished: Furnished
  • Interior Features: Ceiling Fans(s), Eat-in Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Legal Description: UNIT 400401 OCEAN WALK CONDOMINIUM AT NEW SMYRNA BEACH PHASE 1 PER OR 4433 PGS 4359-4432 INC PER OR 4682 PG 3851 PER OR 6751 PG 4067 PER OR 8112 PG 4260 PER OR 8467 PG 2480
  • Levels: One
  • Area Major: 32169 - New Smyrna Beach
  • Occupant Type: Vacant
  • Parcel Number: 8506-11-01-4010
  • Possession: Close Of Escrow
  • Unit Number: 1-401
  • View: Water
  • Zoning Code: R5
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