New Smyrna Beach Homes with Split Level Property Description

New Smyrna Beach Homes with Split Level Property Description

Welcome to New Smyrna Beach, Florida – a hidden gem nestled along the picturesque coastline of Volusia County. Known for its stunning beaches, vibrant arts scene, and friendly atmosphere, this charming city offers a perfect blend of relaxation and adventure. With its warm climate and year-round sunshine, New Smyrna Beach is an ideal destination for those seeking a laid-back lifestyle infused with coastal charm.

One of the standout features of homes in this beautiful area is the unique appeal of split-level properties. These homes are designed to maximize space and functionality, offering a delightful layout that separates living areas while maintaining an open feel. With multiple levels, split-level homes provide the perfect balance of privacy and togetherness, making them ideal for families or those who love to entertain.

Imagine stepping into your split-level home, where the inviting living room flows seamlessly into the dining area, and the kitchen is just a few steps away – perfect for hosting family gatherings or casual get-togethers with friends. The upper levels often feature spacious bedrooms, allowing for a peaceful retreat at the end of the day, while lower levels can be transformed into cozy entertainment spaces or home offices.

Living in New Smyrna Beach means you’re never far from the sun, surf, and sand. Whether you’re strolling along the beach, indulging in local cuisine, or exploring the quaint shops downtown, this vibrant community has something for everyone. Discover your dream split-level home in New Smyrna Beach and embrace a lifestyle that celebrates both relaxation and adventure in this coastal paradise!

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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