Price Reduced 1.09%
Price History
$828,900
9/4/2024
$819,900
10/30/2024
610-612 / 614-616 Warn Ree CIRCLE, New Smyrna Beach, FL, 32168
8 beds
1991
4,112 sqft
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.
Status:
Active
Type:
Multi-family
Furnished Remarks:
Unfurnished
Laundry Remarks:
Inside
Units:
4
Subdivision:
E K LOWDS SUB
Garage:
Driveway, Off Street, On Street
Heating:
Central
Cooling:
Central Air
Acreage:
2
Est. Taxes:
$6,185
Construction
Block, Other, Wood Siding
Utilities
BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Other, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Lot Description:
Cul-De-Sac
View Description:
Trees/Woods
Elementary School:
Chisholm Elem
Middle School:
New Smyrna Beach Middl
High School:
New Smyrna Beach High
Days on Market:
72
Pet Policy:
Yes
Appliances:
Cooktop, Disposal, Microwave, Other, Range Hood, Refrigerator
Lease Term Type:
>6 Months <12
Min Lease Term:
No Minimum
MLS #:
T3552678
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of PINEYWOODS REALTY LLC Phone: 813-225-1890