"Prime Investment Opportunity in New Smyrna Beachside Living: Airbnb-Allowed Condo with 3-Day Minimum Rental! Don't miss your chance to own the most affordable Airbnb-eligible condo with a coveted 3-night minimum rental zoning in the highly desirable area of Flagler 3rd Avenue Business District. This gem is tucked away just north of the bustling 3rd Avenue Business District, adjacent to the charming Norwood's Treehouse Restaurant, and offers convenient access to Highway 44 East. Imagine the convenience of strolling to downtown Flagler Avenue with its vibrant shops, acclaimed restaurants, and the inviting Ocean Avenue Beach Walkway. For water enthusiasts, a short walk takes you to Callalisa Creek, where you can indulge in activities like surfing, paddleboarding, or kayaking. This vintage condo complex is part of a meticulously maintained community with impressively low maintenance fees. Nestled on the second story, it overlooks the beautifully landscaped seasonal heated pool courtyard. The condo features a spacious bedroom fit for a king-size bed, a full bathroom, a well-appointed kitchen, a comfortable living room, and a private balcony deck – the perfect beach retreat you've been looking for. The low monthly maintenance fee covers a host of benefits, including a well-maintained air system, hot water supplied by the HOA, on-site laundry facilities, storage options, secure premises with friendly neighbors, and an assigned A19 parking space. This property offers the flexibility to make it your year-round beachside residence or a lucrative second home for short- or long-term rentals. Unleash your design ideas to transform this condo into your cozy beach haven. Don't miss out on this exceptional investment opportunity! Act now to secure your piece of New Smyrna Beachside Living. Contact us for more information."
Sold for $350,000 on 09/04/24
$350,000
541 S Peninsula Ave APT B20, New Smyrna Beach, FL 32169
2beds
840sqft
Condominium
Built in 1972
-- sqft lot
$335,300 Zestimate®
$417/sqft
$2,149 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 27, 2024 at 11:13am
Listing Provided by:
Ignacio Barsottelli 386-401-8008,
COLLADO REAL ESTATE 386-427-0002
Bought with:
Ignacio Barsottelli, 3428688
COLLADO REAL ESTATE
Source: Stellar MLS,MLS#: O6173252
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Second
- Dimensions: 11x14
Bedroom 2
- Features: Walk-In Closet(s)
- Level: Third
- Dimensions: 10x15
Balcony porch lanai
- Level: Second
- Dimensions: 4x19
Kitchen
- Features: Breakfast Bar
- Level: Second
- Dimensions: 7x13
Living room
- Level: Second
- Dimensions: 11x14
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Microwave, Range, Refrigerator
- Laundry: Laundry Room, Other
Features
- Open Floorplan, Walk-In Closet(s)
- Flooring: Tile
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 924
- Total interior livable area: 840 sqft
Property
Parking
- Parking features: Off Street, Reserved
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Irrigation System
- Has private pool: Yes
- Pool features: Heated, Other
Lot
- Features: City Lot
Details
- Parcel number: 741613020200
- Zoning: R4
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: See Remarks
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Other, Public, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Pool
Location
- Region: New Smyrna Beach
- Subdivision: CORONADO ARMS CONDO
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $325 monthly
- Services included: Community Pool, Insurance, Maintenance Grounds, Sewer, Trash, Water
- Association name: Coronado Arms Condominium Association, Inc.
- Association phone: 386-402-0002
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Ownership: Fee Simple
- Road surface type: Asphalt
Services availability

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$335,300
2% more+ $6,706
With Zillow Showcase(estimated)
$342,006