Price Reduced 4.21%

$794,000 ($193.09 per sqft)

Pending

Est. Mortgage $4,015/mo *

Quick Pre-Approval

Price History

$828,900
9/4/2024

$819,900
10/30/2024

$814,000
12/2/2024

$799,000
1/2/2025

$794,000
1/22/2025


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

Under contract-accepting backup offers. Presenting a unique property opportunity in the heart of New Smyrna Beach, a community celebrated for its beautiful shoreline and vibrant marketplace. Located just steps from the bustling Canal Street and offering picturesque views of the Intercoastal and Beach, this 4-plex embodies the essence of accessible coastal living. The property comprises two buildings with 1,056 square feet per unit, each offering comfortable and convenient living spaces. With four income-generating units and a proven track record as a successful Airbnb rental, this property provides a reliable source of income. New Smyrna Beach boasts a diverse and skilled workforce, with professionals in fields such as engineering, IT, healthcare, and finance, contributing to a thriving local economy. Spanning both mainland and beachside areas, the property offers the advantages of urban accessibility and the tranquility of coastal living. With a cap rate exceeding 8%, this 4-plex presents a compelling investment opportunity in today's market. Whether you're seeking a profitable addition to your portfolio or a serene coastal retreat, this property offers both financial rewards and an enviable lifestyle in the sought-after New Smyrna Beach area.


Status:

Pending

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:

1

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:

207

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