Residential Property - Single Family Residence in New Smyrna Beach
Listing Price: $995,000
Description of Property
Exceptional Mixed-Use Quadruplex in the Heart of Downtown New Smyrna Beach. Discover a rare investment opportunity just steps from Canal Street’s vibrant shops, restaurants, and galleries. This meticulously maintained quadruplex offers an unbeatable location and incredible versatility in one of Central Florida’s most desirable coastal communities. Zoned Mixed Use, the property supports a wide range of possibilities— long-term or short-term residential rentals, professional offices, boutique retail, or a combination of income-producing spaces. With its prime downtown setting, it’s perfectly positioned for both investors and owner-operators seeking reliable returns and future growth potential. Each unit is thoughtfully maintained, providing comfortable and inviting living or workspace options. The property comes fully furnished and ready for bookings with exception of tenants personal belongings and minor furnishings. A list of these items will be provided. This property also features ample off-street parking, exceptional walkability, and two separate laundry areas for tenant convenience. Whether you’re expanding your investment portfolio or establishing a business in a high-traffic, highly walkable location, this unique downtown property offers unmatched flexibility, steady income potential, and timeless appeal. Expected annual gross rent from the four units $110,400, less currently annual expenses of $16,000, provides an expected annual net income of $94,900!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: New Smyrna Beach
County: Volusia
Subdivision: Andrews Prop New Smyrna
Bedrooms: 7
Bathrooms: 5
Sq. Ft. Gross: 3,801
Sq. Ft. Living Area: 3,801
Cost per (heated) sqare foot: $262
Year built: 1949
Annual Tax: $4,762
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Washer
Flooring: Hardwood
Pool & Waterfront Info
Private Pool: Not specified
Pool Features: Other
Exterior & Construction
Construction: Stucco
Foundation: Slab
Roof: Shingle
Exterior Features: Sidewalk
Parking Features: Common
Floors in Unit: Multi/Split
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View: City
Fencing:
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Sidewalk
Lot Size (acres): 0.17
Lot Size (sq. ft.): 7,500 square feet
Lot Dimensions: 50 x 150.00
Road Frontage: Street Paved
Front Exposure: West
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 744138141710
Zoning: MU
Tax Legal Desc.: LOT 171 BLK 14 ANDREWS NEW SMYRNA PER MB 2 PG 68 INC PER OR 4692 PGS 2241-2242 PER OR 5809 PG 0459
Section: 41
Range: 34
Listing courtesy of COLLADO REAL ESTATE. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

