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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

610-612 / 614-616 WARN REE, NEW SMYRNA BEACH, FL 32168

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Multi Family 8 bedrooms - E K LOWDS SUB for Sale

610-612 / 614-616 WARN REE, NEW SMYRNA BEACH, FL 32168

Asking Price$794,000 Change Price$5,000

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  • Days on market:

    150 day(s)
  • Original Price:

    $828,900
  • Price per sqft:

    $193.09
  • Tax Legal Description:

    18 17 34 IRREG PARCEL IN GOVT LOT 1 BEING E 50 FT W OF JOINT VENTURE SUB MEAS 300.8 FT ON N/L OF BLK 4 LOWDS SUB & MEAS 625.9 FT ON W/L & INC E 25 FT OF W 30.95 FT OF LOT 3 BLK 4 LOWDS SUB MB 6 PG 45 PER OR 3267 PG 0219 PER OR 7838 PGS 1149-1153 PER OR 8013 PG 4713
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Carport Spaces:

    2
  • Parking:

    Driveway On StreetOff Street
  • Furnished Info:

    Unfurnished
  • View:

    Trees/Woods
  • Elementary School:

    Chisholm Elem
  • Middle School:

    New Smyrna Beach Middl
  • Senior High School:

    New Smyrna Beach High
  • Lease Term Remaining:

    >6 Months <12
  • Construction Type:

    Wood SidingOtherBlock
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Luxury Vinyl
  • Interior Features:

    Other Living Room/Dining Room Combo Thermostat Open Floorplan Window Treatments
  • Exterior Features:

    OtherLightingBalcony
  • Equipment/Appliances:

    MicrowaveRefrigeratorDisposalCooktop Other Range Hood
  • Special Listing Conditions:

    None
  • Lot Features:

    Cul-De-Sac

Description

$794,000 • eight bedroom(s) • living size area 4112 sqft

Presenting a unique property opportunity in the heart of new smyrna beach, a community celebrated for its beautiful shoreline and vibrant marketplace. located just steps from the bustling canal street and offering picturesque views of the intercoastal and beach, this 4-plex embodies the essence of accessible coastal living. the property comprises two buildings with 1,056 square feet per unit, each offering comfortable and convenient living spaces. with four income-generating units and a proven track record as a successful airbnb rental, this property provides a reliable source of income. new smyrna beach boasts a diverse and skilled workforce, with professionals in fields such as engineering, it, healthcare, and finance, contributing to a thriving local economy. spanning both mainland and beachside areas, the property offers the advantages of urban accessibility and the tranquility of coastal living. with a cap rate exceeding 8%, this 4-plex presents a compelling investment opportunity in today's market. whether you're seeking a profitable addition to your portfolio or a serene coastal retreat, this property offers both financial rewards and an enviable lifestyle in the sought-after new smyrna beach area.

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