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610-612 / 614-616 WARN REE CIRCLE

Multi-family For Sale
$819,900

BTC: 9.43120483

ETH: 261.41852791

-$9K (2024/10/30)
71 days
8 bds
4,112 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Facts and features

Type:
Residential Income
Parking:
Driveway / Off Street / On Street
Year Built:
1991
Lot:
2.00 Acres
Heating:
Central
Price/sqft:
$199
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Disposal

    • Microwave

    • Other

    • Range Hood

    • Refrigerator

    Other interior features

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Other

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Parking

    • Driveway

    • Off Street

    • On Street

    Property

    • Levels: Two

    • Exterior Features: Balcony / Lighting / Other

    Lot

    • Lot: 2.00 Acres

    Other Property Information

    • Parcel Number: 741800000010

    • Zoning: R5

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Cable Connected

    • Electricity Available

    • Electricity Connected

    • Other

    • Phone Available

    • Sewer Available

    • Sewer Connected

    • Water Available

    • Water Connected

  • Other financial information

    • HOA Frequency: Annually

    • Annual tax amount: $6,185

  • Source details

    • MLS ID: T3552678

    Other facts

    • Construction Materials: Block / Other / Wood Siding

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: Cul-De-Sac

    • Patio And Porch Features: Deck / Front Porch / Other

    • Window Features: Window Treatments

    • Water Body Name: N/A

    • Living Area: 4112

    • Water Source: Public

    • Subdivision Name: E K LOWDS SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PINEYWOODS REALTY LLC