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.
Property Details
Price:
$828,900
MLS #:
T3552678
Status:
Active
Beds:
8
Baths:
8
Address:
610-612 / 614-616 WARN REE CIRCLE
Type:
Multi Family
Subtype:
Duplex
Subdivision:
E K LOWDS SUB
Neighborhood:
32168 – New Smyrna Beach
City:
NEW SMYRNA BEACH
Listed Date:
Sep 4, 2024
State:
FL
Finished Sq Ft:
4,112
Total Sq Ft:
4,112
ZIP:
32168
Lot Size:
86,000 sqft / 2.00 acres (approx)
Year Built:
1991
Units:
4
Schools
Elementary School:
Chisholm Elem
Middle School:
New Smyrna Beach Middl
High School:
New Smyrna Beach High
Interior
Appliances
Cooktop, Disposal, Microwave, Other, Range Hood, Refrigerator
Cooling
Central Air
Flooring
Luxury Vinyl
Heating
Central
Laundry Features
Inside
Exterior
Construction Materials
Block, Other, Wood Siding
Exterior Features
Balcony, Lighting, Other
Parking Features
Driveway, Off Street, On Street
Roof
Shingle
Financial
HOA Frequency
Annually
HOA Name
N/A
Tax Year
2024
Taxes
$6,185
Map
Community
- Address610-612 / 614-616 WARN REE CIRCLE NEW SMYRNA BEACH FL
- SubdivisionE K LOWDS SUB
- CityNEW SMYRNA BEACH
- CountyVolusia
- Zip Code32168
Similar Listings Nearby
- 207 and 209 PALMETTO STREET
NEW SMYRNA BEACH, FL$974,900
0.89 miles away
Courtesy of PINEYWOODS REALTY LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
610-612 / 614-616 WARN REE CIRCLE
NEW SMYRNA BEACH, FL
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