Property
Beds
7
Full Baths
5
1/2 Baths
None
Year Built
1949
Sq.Footage
3,801
Exceptional Mixed-Use Quadruplex in the Heart of Downtown New Smyrna Beach. Discover a rare investment opportunity just steps from Canal Street’s vibrant shops, restaurants, and galleries. This meticulously maintained quadruplex offers an unbeatable location and incredible versatility in one of Central Florida’s most desirable coastal communities. Zoned Mixed Use, the property supports a wide range of possibilities— long-term or short-term residential rentals, professional offices, boutique retail, or a combination of income-producing spaces. With its prime downtown setting, it’s perfectly positioned for both investors and owner-operators seeking reliable returns and future growth potential. Each unit is thoughtfully maintained, providing comfortable and inviting living or workspace options. The property comes fully furnished and ready for bookings with exception of tenants personal belongings and minor furnishings. A list of these items will be provided. This property also features ample off-street parking, exceptional walkability, and two separate laundry areas for tenant convenience. Whether you’re expanding your investment portfolio or establishing a business in a high-traffic, highly walkable location, this unique downtown property offers unmatched flexibility, steady income potential, and timeless appeal. Expected annual gross rent from the four units $110,400, less currently annual expenses of $16,000, provides an expected annual net income of $94,900!
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan
-
Total Bedrooms
7
-
Bathrooms
5
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Stucco
-
Parking
Common
-
Pool
Yes
-
Pool Features
Other
-
Waterfront YN
NO
-
View
City
Area & Lot
-
Lot Features
Paved
-
Lot Size(acres)
0.17
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$1,100,000
-
Tax Amount
4762.0
-
Sq. Footage
3, 801
-
Price/SqFt
$289
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
171
-
Water Source
Public
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Location
County
Volusia
Elementary School
Middle School
High School
Listing Courtesy of Chad Erickson , COLLADO REAL ESTATE
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