Active
610-612 / 614-616 WARN REE CIR
NEW SMYRNA BEACH FL, 32168
$828,900
$201.58 per sqft
Active
8 Beds
8 Baths
4,112 sqft
Multi-family
Built in 1991
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.
T3552678
MLSⓇ ID
September 4, 2024
Listed
September 17, 2024
Updated
Map
610-612 / 614-616 WARN REE CIR
NEW SMYRNA BEACH FL, 32168
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
8
Interior Features
Living Room/Dining Room Combo, Open Floorplan, Other, Thermostat, Window Treatments
Appliances
Cooktop, Disposal, Microwave, Other, Range Hood, Refrigerator
Laundry Description
Inside
Floor Description
Luxury Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
1.97 Acres
Exterior Features
Balcony, Lighting, Other
Lot Features
Cul-De-Sac
Roof
Shingle
Sewer
Public Sewer
School Information
High School
New Smyrna Beach High
Elementary School
Chisholm Elem
Other Property Details
Area Name
32168 - New Smyrna Beach
Taxes
$6,185
Tax Frequency
Annually
Days on Market
12
Association Fee Frequency
Yearly
Garage
No
Parking
Driveway, Off Street, On Street
View
Yes
View Description
Trees/Woods
County
Volusia
Municipality
17S
Water Source
Public
Pool
No
Zoning
R5
Listed by PINEYWOODS REALTY LLC
Listing Contact: 813-225-1890
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Data last updated 9/17/2024, 3:52 AM UTC