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714 Downing Street, New Smyrna Beach, FL 32168

$429,000
  • 714 Downing Street, New Smyrna Beach, FL 32168 Main Photo

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Active Price Reduced by $11,000 on February 27th, 2026
BEDS4 BATHS SQUARE FEET2,062 MLS#NS1087043
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBILLVILLE

Property Description

This versatile property offers exceptional opportunities for investors and owner-occupants Situated on a Triple lot, the home features separate privateentrances for the upper and lower units, creating true multi-use flexibility.The lower level offers approximately 1,066 square feet with two bedrooms and one-and-a-halfbathrooms. The upper level provides approximately 966 square feet with two bedrooms and onebathroom. Both units are move-in ready, making this an ideal turnkey investment with immediaterental income potential.Owner-occupants will appreciate the option to live in one unit while offsetting mortgageexpenses with rental income from the other, or to provide a private living space for extendedfamily. Major capital improvements have already been completed, including a new roof, updated HVACsystems, water heater, renovated bathrooms, new flooring in the lower unit, and updateddecking-minimizing future maintenance costs.Ideally located near Canal Street, Riverside Park, and the local Farmer's Market, this propertycombines income potential, flexibility, and location in one compelling offering.The property has a recent appraisal of $440,000. Instant Equity!

714 Downing Street | MLS# NS1087043

This multi-family property located at 714 Downing Street, New Smyrna Beach, FL 32168 is currently listed for sale with an asking price of $429,000. Search New Smyrna Beach real estate on www.adamscameroncommercial.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2 car attached
Heating: Central, Electric
Lot Size: 0.52 Acres
Roof Type: Shingle
Taxes: $4,413
Year Built: 1910

Amenities

Ceiling Fans(s)
Balcony
Private Yard
Sliding Doors
Storage

Feature Descriptions

Annual Net Income: 33600.00
Appliances: Electric Water Heater, Range, Refrigerator
Days on Site: 47
Directions: East on Hwy 44 to Canal St., Right on S. Myrtle, Left on Downing St., House on right.
Exterior: HardiPlank Type, Vinyl Siding, Frame
Fireplace: Decorative
Fireplace Y/N: Yes
Flood Zone Code: X
Foundation: Crawlspace
Garage Dimensions: 23x23
Home Warranty Y/N: No
Lot Dimensions: 0.52
Other Equipment: Private Yard
Ownership: Fee Simple
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Combination Lock Box, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: BB/HS Internet Available, Electricity Connected, Fiber Optics, Public, Sewer Connected
Water: Public
Water Access Y/N: No
Zoning: R5

Listed By / Shown By

Listed By

Agency Name: CENTURY 21 ALTON CLARK
Agency Contact: 407-636-4637

Shown By

Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120

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Estimated Payment

$ 2,776.19 per month $2,283.32 Principal & Interest $367.75 Property Tax $125.13 Homeowner's Insurance

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