Price Reduced 1.80%

$814,000 ($197.96 per sqft)

Est. Mortgage $4,170/mo *

Quick Pre-Approval

Price History

$828,900
9/4/2024

$819,900
10/30/2024

$814,000
12/2/2024


610-612 / 614-616 Warn Ree CIRCLE, New Smyrna Beach, FL, 32168

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:

89

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



Listing courtesy of PINEYWOODS REALTY LLC Phone: 813-225-1890