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New Smyrna Beach,FL 32168
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,112 sqft
Price per Sqft $201
Subdivision E K Lowds Sub
MLS Listing ID T3552678
Bedrooms 8
Year Built 1991
Annual Tax Amount $6,185
Lot Size 2.000 Acres
Property Description
Nestled in the heart of New Smyrna Beach, a community renowned for its stunning shoreline and active marketplace, this property offers a unique prospect for both investors and future residents. Located just a short stroll from the energetic Canal Street, with a picturesque vantage point overlooking the Intercoastal and Beach, this 4-plex, consisting of two buildings with 1,056 square feet per unit, perfectly captures the essence of accessible coastal living. The property includes four income-generating units and has a strong history as an Airbnb rental, proving its value as a reliable source of income. New Smyrna Beach is home to a varied and talented workforce, with professionals in fields such as engineering, IT, healthcare, and finance, creating a rich landscape of opportunity. Spanning both the mainland and beachside areas, this property provides the benefits of urban convenience while still enjoying the peacefulness of coastal life. With a cap rate exceeding 8%, this 4-plex presents a compelling investment in today?s market. Whether you're seeking a profitable addition to your portfolio or a serene coastal escape, this property delivers both financial rewards and an enviable lifestyle in the desirable New Smyrna Beach area.
Location
State FL
County Volusia
Community E K Lowds Sub
Zoning R5
Interior
Heating Central
Cooling Central Air
Flooring Luxury Vinyl
Laundry Inside
Exterior
Exterior Feature Balcony,Lighting,Other
Garage Driveway,Off Street,On Street
Utilities Available BB/HS Internet Available,Cable Available,Cable Connected,Electricity Available,Electricity Connected,Other,Phone Available,Sewer Available,Sewer Connected,Water Available,Water Connected
Waterfront false
View Trees/Woods
Roof Type Shingle
Building
Lot Description Cul-De-Sac
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block,Other,Wood Siding
New Construction false
Schools
Elementary Schools Chisholm Elem
Middle Schools New Smyrna Beach Middl
High Schools New Smyrna Beach High
Others
Acceptable Financing Cash,Conventional,FHA,Other,VA Loan
Listing Terms Cash,Conventional,FHA,Other,VA Loan
Special Listing Condition None