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

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