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610-612 / 614-616 Warn Ree Circle

New Smyrna Beach, FL 32168
  • $814,000
  • STATUS: Active
  • ON SITE: 89 Days
  • MLS #: T3552678
Price Reduced
$814,000
  • 8
    BEDS
  • 2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,112
    SQFT
  • $198
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1991
County:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-02T23:42:27.267.
www.thenewcomergroup.com/homes/154645433
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610-612 / 614-616 Warn Ree Circle New Smyrna Beach, FL 32168

  • Price: $814,000
  • Status: Active
  • On Site: 89 Days
  • MLS #: T3552678
8
Beds
0
Baths
0
½ Baths
2
Acres
4,112
SQFT
$198
$/SQFT
1991
Built
Neighborhood:
E K Lowds Sub
County:
Volusia
Area:
New Smyrna Beach
Elementary School:
Chisholm Elem
Middle School:
New Smyrna Beach Middl
High School:
New Smyrna Beach High
Property Description
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.
Exterior Features

Attached Garage Yn No Carport Spaces 2 Carport Yn No Construction Materials BlockOtherWood Siding Covered Spaces 2 Exterior Features BalconyLightingOther Foundation Details Slab Garage Dimensions 00x00 Lot Features Cul-De-Sac Open Parking YN Yes Parking Features DrivewayOff StreetOn Street Patio And Porch Features DeckFront PorchOther Pool Private Yn No Road Surface Type Asphalt Roof Shingle Spa Features Other Spa YN No View Trees/Woods Water Access Yn No Water Body Name N/A Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances CooktopDisposalMicrowaveOtherRange HoodRefrigerator Building Area Total 4112 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Luxury Vinyl Furnished Unfurnished Heating Central Heating YN Yes Interior Features Living Room/Dining Room ComboOpen FloorplanOtherThermostatWindow Treatments Laundry Features Inside Levels Two Sewer Public Sewer Water Source Public Window Features Window Treatments

Property Features

Additional Lease Restrictions Buyer/Buyer's Agent to verify all city ordinances and/or lease restrictions. Annual Net Income 96800 Approval Process Buyer/Buyer's Agent to verify all city ordinances and/or lease restrictions. Association Approval Required Yn No Association Fee 0 Association Fee Frequency Annually Association Fee Monthly Amount 0 Association Fee Requirement None Association Yn No Building Name Number N/A Cdd Yn No Condo Fees 0 Down Payment Resource Yes Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Lease Term >6 Months <12 Listing Terms CashConventionalFHAOtherVA Loan Minimum Lease No Minimum New Construction Yn No Number Of Pets 10+ Ownership Fee Simple Pet Size Extra Large (101+ Lbs.) Pets Allowed Yes Planned Unit Development Yn No Property Attached YN No Property Sub Type Duplex Realtor Info As-Is Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Not Applicable Tax Annual Amount 6185 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet AvailableCable AvailableCable ConnectedElectricity AvailableElectricity ConnectedOtherPhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected Yrs Of Owner Prior To Leasing Re No Zoning R5


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of PINEYWOODS REALTY LLC: 813-225-1890.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-02T23:42:27.267.
 
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