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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 $193
Subdivision E K Lowds Sub
MLS Listing ID T3552678
Bedrooms 8
HOA Y/N No
Originating Board Stellar MLS
Year Built 1991
Annual Tax Amount $6,185
Lot Size 1.000 Acres
Acres 1.0
Property Description
Presenting a unique property opportunity in the heart of New Smyrna Beach, a community celebrated for its beautiful shoreline and vibrant marketplace. Located just steps from the bustling Canal Street and offering picturesque views of the Intercoastal and Beach, this 4-plex embodies the essence of accessible coastal living.
The property comprises two buildings with 1,056 square feet per unit, each offering comfortable and convenient living spaces. With four income-generating units and a proven track record as a successful Airbnb rental, this property provides a reliable source of income.
New Smyrna Beach boasts a diverse and skilled workforce, with professionals in fields such as engineering, IT, healthcare, and finance, contributing to a thriving local economy. Spanning both mainland and beachside areas, the property offers the advantages of urban accessibility and the tranquility of coastal living.
With a cap rate exceeding 8%, this 4-plex presents a compelling investment opportunity in today's market. Whether you're seeking a profitable addition to your portfolio or a serene coastal retreat, this property offers both financial rewards and an enviable lifestyle in the sought-after New Smyrna Beach area.
Location
State FL
County Volusia
Community E K Lowds Sub
Zoning R5
Interior
Interior Features Living Room/Dining Room Combo,Open Floorplan,Other,Thermostat,Window Treatments
Heating Central
Cooling Central Air
Flooring Luxury Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Cooktop,Disposal,Microwave,Other,Range Hood,Refrigerator
Laundry Inside
Exterior
Exterior Feature Balcony,Lighting,Other
Parking Features 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
View Trees/Woods
Roof Type Shingle
Porch Deck,Front Porch,Other
Attached Garage false
Garage false
Private Pool No
Building
Lot Description Cul-De-Sac
Entry Level Two
Foundation Slab
Lot Size Range 1 to less than 2
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
Pets Allowed Yes
Senior Community No
Pet Size Extra Large (101+ Lbs.)
Ownership Fee Simple
Acceptable Financing Cash,Conventional,FHA,Other,VA Loan
Membership Fee Required None
Listing Terms Cash,Conventional,FHA,Other,VA Loan
Num of Pet 10+
Special Listing Condition None