New Smyrna Beach Homes with Split Level Property Description

New Smyrna Beach Homes with Split Level Property Description

Welcome to New Smyrna Beach, a charming coastal gem nestled in Volusia County, Florida. Known for its stunning beaches, vibrant arts scene, and a welcoming community spirit, New Smyrna Beach offers a unique blend of small-town charm and modern conveniences. With its picturesque coastline stretching for miles, residents and visitors alike can enjoy sun-soaked days on the beach, thrilling water sports, and breathtaking sunsets that paint the sky in vibrant hues.

One of the standout features of the real estate market in New Smyrna Beach is the availability of split-level homes. These distinctive properties offer a wonderful blend of functionality and style, making them perfect for families and individuals alike. With their multi-level designs, split-level homes provide ample living space while maintaining a cozy atmosphere. The layout often allows for a seamless flow between living areas, making it ideal for entertaining guests or enjoying quality family time.

In New Smyrna Beach, split-level homes can be found in various neighborhoods, each with its unique character and charm. Many of these properties boast beautiful outdoor spaces, perfect for enjoying the Florida sunshine or hosting barbecues with friends and family. Whether you’re drawn to the serene beaches, the lively arts district, or the abundance of recreational activities, New Smyrna Beach offers the perfect backdrop for your next home.

Explore the possibilities of living in this coastal paradise, where split-level homes provide the perfect sanctuary to create lasting memories. Embrace the New Smyrna Beach lifestyle today!

Newest New Smyrna Beach Homes with Split Level Property Description

$739,900
4 Beds 3 Baths Andrews SubDv. 32168 Zip Code
Turn-Key 1031 Exchange Opportunity in Historic Downtown New Smyrna Beach! Or perhaps you're looking for a charming downtown residence with an income-producing cottage? Rare opportunity to acquire a fully leased multifamily property located in the highly desirable B&B District of Historic Downtown New Smyrna Beach, also within the Historic and Arts Overlay Districts. Whether you're seeking a turn-key investment, a 1031 Exchange property, or a future owner-occupied residence with rental income, this unique property offers exceptional flexibility and long-term value. Ideally situated just a short walk from Canal Street's popular shops, restaurants, art galleries, breweries, and year-round entertainment, this property offers the walkable downtown lifestyle that tenants love and that continues to drive strong rental demand. The property features a charming two-story main residence with two separate apartments, plus a detached cottage: Lower Unit: Spacious 2-bedroom, 1-bath apartment featuring a fireplace and private laundry. Upper Unit: 1-bedroom, 1-bath apartment with a private rear entrance and its own laundry facilities Approximately 800 square feet with loft, private laundry, and excellent rental flexibility. All three units are currently occupied by long-term tenants, providing immediate, stable cash flow from day one. Current gross rental income is approximately $63,000 annually. Property Highlights, Three fully leased residential rental units, Multi-family zoning Located within the Historic and Arts Overlay District, Prime Downtown New Smyrna Beach location Easy walk to Canal Street shopping, dining, galleries, and entertainment Main residence roof approximately 8 years old, Detached cottage roof replaced in 2026 Strong long-term rental history with excellent tenant demand Owner currently pays all utilities, including electric, water, natural gas for the water heaters, and the gas range, as the property is serviced by one electric meter and one water meter. With an estimated 6.5 capitalization rate, this property presents an outstanding opportunity for investors seeking dependable income, excellent location, and long-term appreciation potential. Properties like this—fully leased, income-producing multifamily investments in Historic Downtown New Smyrna Beach—rarely become available. Schedule your private showing today.

407 Magnolia Street, New Smyrna Beach

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