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Edward Gibbs

egibbs22@gmail.com +1(813) 785-4002

$ 819,900

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Price Dropped by $9K

610-612 / 614-616 WARN REE CIR New Smyrna Beach, FL 32168

8 Beds

8 Baths

4,112 SqFt

OPEN HOUSE

Sat Nov 30, 12:00pm - 3:00pm

UPDATED:

11/15/2024 06:59 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,112 sqft

Price per Sqft $199

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 2.000 Acres

Acres 2.0

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

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

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

Porch Deck, Front Porch, Other

Parking Type Driveway, Off Street, On Street

Attached Garage false

Garage false

Private Pool No

Building

Lot Description Cul-De-Sac

Entry Level Two

Foundation Slab

Lot Size Range 2 to less than 5

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

Listed by PINEYWOODS REALTY LLC

Edward Gibbs

Agent | License ID: 3499381

+1(813) 785-4002

Edward Gibbs

Edward Gibbs

610-612 / 614-616 WARN REE CIR New Smyrna Beach, FL 32168

OPEN HOUSE

Key Details

Location

Interior

Exterior

Building

Schools

Others

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