Andrews Homes with No Deed Restriction Community Extras

Welcome to Andrews, a hidden gem nestled in the heart of New Smyrna Beach, Florida. This charming subdivision in Volusia County offers a unique blend of coastal living and suburban comfort, making it an ideal place for families, retirees, and anyone seeking a laid-back lifestyle. One of the standout features of Andrews is its homes with no deed restrictions, providing residents with the freedom to personalize their properties without the constraints often found in other communities.

Imagine waking up to the gentle sound of ocean waves and the warm Florida sun streaming through your windows. The homes in Andrews are designed to embrace the coastal vibe, with many featuring spacious layouts, beautiful outdoor spaces, and modern amenities. Whether you’re looking for a cozy bungalow or a larger family home, you’ll find a variety of options that suit your lifestyle and budget.

The community’s location is another major draw, as it’s just a short drive from the pristine beaches of New Smyrna, where you can enjoy sunbathing, surfing, and beachcombing. Additionally, Andrews is conveniently located near local shops, restaurants, and recreational areas, ensuring that everything you need is within reach.

What truly sets Andrews apart is its welcoming atmosphere. Residents often come together for community events, fostering a close-knit environment where neighbors become friends. If you’re searching for a place that combines the beauty of coastal living with the freedom of no deed restrictions, Andrews in New Smyrna Beach is the perfect choice for your next home. Come explore the possibilities and experience the vibrant lifestyle that awaits you!

$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

Andrews Homes with No Deed Restriction Community Extras

Newest Andrews Homes with No Deed Restriction Community Extras