610-612 - 614-616 Warn Ree Circle, NEW SMYRNA BEACH, FL 32168
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  • 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
  • Description
    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 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.
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