New Smyrna Beach Homes with Split Level Property Description

New Smyrna Beach Homes with Split Level Property Description

Welcome to New Smyrna Beach, a hidden gem nestled along Florida’s stunning east coast in Volusia County. Renowned for its pristine sandy shores, vibrant arts scene, and a laid-back coastal lifestyle, New Smyrna Beach is the perfect destination for those seeking a blend of relaxation and adventure. With its charming historic downtown filled with boutique shops, delightful restaurants, and art galleries, this city invites you to explore its unique character while enjoying the gentle ocean breeze.

When it comes to real estate, New Smyrna Beach offers a diverse array of properties, including the increasingly popular split-level homes. These architectural gems are designed to maximize space and functionality, making them ideal for families and individuals alike. With multiple levels that create distinct living areas, split-level homes provide a unique opportunity for privacy and togetherness. Imagine entertaining guests in your spacious living room while the kids enjoy their own play area just a few steps away.

Many split-level homes in New Smyrna Beach are situated in picturesque neighborhoods, often just a short stroll to the beach or local parks. These properties typically feature modern amenities, ample storage, and beautifully landscaped yards, making them a perfect choice for those who appreciate both style and comfort. Whether you’re looking for a cozy beach retreat or a family home, New Smyrna Beach’s split-level properties offer the perfect blend of space, convenience, and coastal charm. Discover your dream home in this idyllic seaside community 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

Start Your Search