Listing Details for MLS # NS1086855
486 Oak Street, New Smyrna Beach, Fl 32168

Residential Property - Single Family Residence in New Smyrna Beach

Listing Price: $279,900Days on Market: 76

Description of Property

*Investor Alert* or those seeking an Extra Income Producing Property! Lots of Possibilities! Flexible Ownership Usage; This Corner Lot, Two Unit Single Family Rental Property could also be Single Family Owners seeking extra Income or needing an additional separate In-Law Suite Efficiency Apartment complete with 2nd Kitchen, Full Bathroom and Walk-in Closet or a larger or extended family just needing more space and options! Located in New Smyrna Beach Florida just a short 10–15-minute drive to the Drive-On Beach, or a 5-minute drive to the Intracoastal for fishing, boating, parks, dining, shopping and all that this Coastal Community has available! A short, less than ten-minute drive to Route 95 for longer distance travel. Strong Cash Flow and Return On Investment for Investors (up to $4,000 / Month total gross) or new Home Owner can choose to offset their expenses by up to $1,500 / Mo. by renting out the Efficiency Apartment or by $2,500 / Month by renting out the Main Home and living in the Efficiency Studio Apartment. The Main Home features Two Bedrooms, both with walk-in closets, one Bathroom, Kitchen, Dining Area, Living Room and Bonus Room which could act as a third Bedroom (but no closet) or Office or Den or Sitting Room. Nice Hardwood Floors throughout the Living and Bedrooms while the Kitchen and dining and adjacent room receive Porcelain Tiles for easy cleanup and maintenance. The studio Efficiency Apartment features two Separate Entrances, a flexible Living/Sleeping Space with Ceiling Fan and Walk-in Closet, a separate Full Kitchen and Dining Area and a Full Bathroom with Shower (and a second natural Gas Water Heater). The Main Home and Efficiency Apartment both have Two Separate Entrances as well as Separate Off-Street Parking Areas. The corner Lot yard has some mature trees and Landscaping to accent its surroundings and spacious feel. The home has been well maintained and recently painted inside and out. Now is your chance to Own an Income Producing slice of sunshine in this wonderful community by the water. Note: Listing Agent has an interest in the property. Please verify all Details and Dimensions.The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $518,959. This single family residence is listed at about 54% of the average asking price. There are 46 3 bedroom/2 bath homes between $200,000 and $400,000 currently listed for sale in this Zip code. See other listings like this one »