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: 67
- Price: $785,000
- Price sqft: $191
- Waterfront: No
- Year Built: 1991
- Bldg sqft: 4112
- Bedrooms: 8
- Total Baths: 8
- Garage / Parking Spaces: 2
- Days On Market: 299
- 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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DescriptionGreat news! This income producing property is back on the market after the previous buyer's financing falling through. An official appraisal confirmed the homes value exceeds our list price, making this an exceptional opportunity. The motivated sellers are eager to find a serious buyer. 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.
Property Location and Similar Properties
Features
Appliances
- Cooktop
- Disposal
- Microwave
- Other
- Range Hood
- Refrigerator
Home Owners Association Fee
- 0.00
Association Name
- N/A
Association Phone
- N/A
Carport Spaces
- 2.00
Close Date
- 0000-00-00
Cooling
- Central Air
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Balcony
- Lighting
- Other
Flooring
- Luxury Vinyl
Furnished
- Unfurnished
Garage Spaces
- 0.00
Heating
- Central
High School
- New Smyrna Beach High
Insurance Expense
- 0.00
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
Living Area
- 4112.00
Lot Features
- Cul-De-Sac
Middle School
- New Smyrna Beach Middl
Area Major
- 32168 - New Smyrna Beach
Net Operating Income
- 0.00
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 74-18-00-00-0010
Parking Features
- Driveway
- Off Street
- On Street
Pets Allowed
- Yes
Property Type
- Residential Income
Roof
- Shingle
School Elementary
- Chisholm Elem
Sewer
- Public Sewer
Tax Year
- 2024
Tenant Pays
- Electricity
- Water
Township
- 17S
Utilities
- BB/HS Internet Available
- Cable Available
- Cable Connected
- Electricity Available
- Electricity Connected
- Other
- Phone Available
- Sewer Available
- Sewer Connected
- Water Available
- Water Connected
View
- Trees/Woods
Views
- 67
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/T3552678
Water Source
- Public
Year Built
- 1991
Zoning Code
- R5