610-612 - 614-616 Warn Ree Circle, NEW SMYRNA BEACH, FL 32168
- MLS#: T3552678 ( Residential Income )
- Street Address: 610-612 - 614-616 Warn Ree Circle
- Viewed: 40
- Price: $814,000
- Price sqft: $198
- Waterfront: No
- Year Built: 1991
- Bldg sqft: 4112
- Bedrooms: 8
- Total Baths: 8
- Garage / Parking Spaces: 2
- Days On Market: 104
- Acreage: 2.00 acres
- Additional Information
- Geolocation: 29.0297 / -80.9361
- County: VOLUSIA
- City: NEW SMYRNA BEACH
- Zipcode: 32168
- Subdivision: E K Lowds Sub
- Elementary School: Chisholm Elem
- Middle School: New Smyrna Beach Middl
- High School: New Smyrna Beach High
- Provided by: PINEYWOODS REALTY LLC
- Contact: Jonathan Brown
- 813-225-1890
- DMCA Notice
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DescriptionNestled 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 todays 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.