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: 5
  • 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: 109
  • 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
  • Provided by: PINEYWOODS REALTY LLC
  • Contact: Jonathan Brown
  • 813-225-1890
  • mfrmls
  • 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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Lighting, Other
  • Flooring: Luxury Vinyl
  • Living Area: 4112.00
  • Roof: Shingle
Land Information
  • Lot Features: Cul-De-Sac
School Information
  • High School: New Smyrna Beach High
  • Middle School: New Smyrna Beach Middl
  • School Elementary: Chisholm Elem
Garage and Parking
  • Garage Spaces: 0.00
  • Parking Features: Driveway, Off Street, On Street
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 2.00
  • Cooling: Central Air
  • Heating: Central
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Other, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electricity, Water
Other Features
  • Appliances: Cooktop, Disposal, Microwave, Other, Range Hood, Refrigerator
  • Association Name: N/A
  • Association Phone: N/A
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Living Room/Dining Room Combo, Open Floorplan, Other, Thermostat, Window Treatments
  • Legal Description: 18 17 34 IRREG PARCEL IN GOVT LOT 1 BEING E 50 FT W OF JOINT VENTURE SUB MEAS 300.8 FT ON N/L OF BLK 4 LOWDS SUB & MEAS 625.9 FT ON W/L & INC E 25 FT OF W 30.95 FT OF LOT 3 BLK 4 LOWDS SUB MB 6 PG 45 PER OR 3267 PG 0219 PER OR 7838 PGS 1149-1153 PER OR 8013 PG 4713
  • Levels: Two
  • Area Major: 32168 - New Smyrna Beach
  • Parcel Number: 74-18-00-00-0010
  • View: Trees/Woods
  • Zoning Code: R5
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