Welcome to The Oasis – Turnkey Multi-Unit Investment in New Smyrna Beach STR District
This property is more than just a home – it’s a rare income-producing asset with multiple revenue streams and built-in support for seamless ownership. Located just two blocks from Canal Street and Riverside Park, it sits inside New Smyrna’s coveted Short-Term Rental District and is zoned for up to 4 units.
Currently comprised of:
Main House: 4 bedrooms, 3 bathrooms – performing strongly on Airbnb/VRBO.
Duplex: 1-bedroom/1-bath and a studio apartment – both with long-term tenants, including one secured until September 2026, ensuring consistent cash flow.
The outdoor retreat is a guest magnet, featuring a heated pool, spa, and a tucked-away poolside bar, creating a one-of-a-kind rental experience.
Investment Highlights:
Mixed Use Zoning – permitted for up to 4 units
3 active income streams with long-term tenants and short-term rental performance
Reliable cash flow – long-term leases provide stability, STR drives high nightly upside
Future potential – oversized 28x32 garage could be reimagined as a 2-bed/2-bath unit
Walkable location ensures consistent year-round demand
Turnkey Advantage:
This is a fully managed, worry-free investment. An established local team of cleaners, maintenance professionals, and property support staff is already in place and can continue with the next owner. Whether you live nearby or out of state, this property can remain completely hands-off with systems and personnel ready to go.
The Bottom Line:
Stable income now from tenants
High short-term rental upside from the main house
Expansion opportunity with garage conversion + zoning flexibility
Turnkey operations with proven staff willing to stay on
Opportunities combining current income, future upside, and seamless management are exceptionally rare in New Smyrna Beach. The Oasis delivers both immediate returns and long-term growth potential in one package.
For sale by owner
$1,499,999
301 Live Oak St, New Smyrna Beach, FL 32168
4beds
3,448sqft
Est.:
MultiFamily
Built in 1918
-- sqft lot
$-- Zestimate®
$435/sqft
$-- HOA
What's special
Heated poolPoolside bar
What the owner loves about this home
What I love most about this home is that it truly feels like an oasis. The heated pool, spa, and outdoor bar make it the perfect spot to relax or entertain, while the walkable location near Canal Street and Riverside Park means restaurants, shops, and the water are just steps away. The layout gives everyone their own space, but it still feels connected and inviting. It’s been a place where family, friends, and guests create lasting memories, and that’s what makes it so special. House has 10’ coved ceilings, archways separating main rooms. Crown molding on archways. Large baseboards throughout. Large kitchen and dining room. Located in beautiful downtown New Smyrna Beach. 2 blocks from Canal Street with restaurants and shops. 2 blocks from Riverside park / Intracoastal Waterway.
- 31 days |
- 359 |
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