UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,448 sqft
Price per Sqft $420
Subdivision Nsb- Central Bus District
MLS Listing ID O6371567
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1918
Annual Tax Amount $14,402
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 100x100
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Experience the pinnacle of New Smyrna Beach living with this rare, income-producing multi-unit property. Currently grossing six figures annually, this versatile property features a private backyard pool, making it a premier destination for vacationers and a high-value asset for investors.
Your Private Coastal Retreat
The heart of this property is the tropical backyard oasis. The sparkling private pool is a major draw for short-term guests, ensuring high occupancy and premium nightly rates year-round. Whether you're hosting a poolside BBQ or offering a quiet retreat for tenants, this outdoor space sets the property apart from almost everything else in the area.
Proven Revenue & Diversified Income
Currently operating as a turnkey three-unit setup with an established performance history and a professional management team already in place:
The Main Residence: A high-performing vacation rental centered around the pool experience.
The Studio Suite: A steady long-term rental at $700+.
The One-Bedroom Apartment: Freshly updated with new paint and carpet. Primed for $1,500+ monthly based on local demand for refreshed, walkable units.
Expansion & Value-Add Potential
Zoned for a 4th Unit: Current zoning allows for an additional unit, providing a massive opportunity to scale your income on the same lot.
900 Sq. Ft. Garage: A massive structure perfect for a workshop, "toy" storage for boats and golf carts, or future conversion into that fourth income stream.
Located in a historic, highly desirable, and heart of downtown New Smyrna Beach:
Canal Street District: Walk to historic shops, an art gallery, local eateries, and the Saturday Farmers Market.
Sun & Surf: A short trip to the river and the iconic surfing of the Atlantic coast.
Laid Back Life: Embrace the relaxed, "local" lifestyle that makes NSB one of Florida's most sought-after destinations.
Whether you want a pure-play investment with a strong ROI, a multi-unit family compound, or a house-hack where you live in the main house and let the units pay your mortgage—this property is a rare find that checks every box.
Location
State FL
County Volusia
Community Nsb- Central Bus District
Area 32168 - New Smyrna Beach
Zoning MU
Interior
Interior Features Ceiling Fans(s), Dry Bar, High Ceilings, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets
Heating Central
Cooling Central Air
Flooring Tile, Wood
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Inside, Laundry Room
Exterior
Exterior Feature Courtyard, Lighting, Outdoor Grill, Sidewalk, Storage
Garage Spaces 2.0
Pool Gunite, Heated, In Ground, Lighting, Salt Water, Tile
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Shingle
Attached Garage true
Garage true
Private Pool Yes
Building
Story 2
Entry Level Two
Foundation Crawlspace, Stem Wall
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Cement Siding,HardiPlank Type,Vinyl Siding
New Construction false
Schools
High Schools New Smyrna Beach High
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6371567
Get More Information