407 MAGNOLIA STREET, NEW SMYRNA BEACH, FL 32168

Opis nieruchomości — 407 MAGNOLIA STREET, NEW SMYRNA BEACH, FL 32168

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.

Opis oryginalny z MLS (w języku angielskim).

Szczegóły nieruchomości — 407 MAGNOLIA STREET, NEW SMYRNA BEACH, FL 32168

Pełne łazienki

3

Toalety (pół-łazienki)

0

Wyposażenie wnętrza

Living Room/Dining Room Combo, Primary Bedroom Main Floor

Sprzęt AGD

Zmywarka, Suszarka, Elektryczny podgrzewacz wody, Gazowy podgrzewacz wody, Kuchenka mikrofalowa, Lodówka, Pralka

Podłogi

Płytki, Parkiet (lite drewno)

Ogrzewanie

Centralne, Elektryczne

Klimatyzacja

Klimatyzacja centralna

Umeblowanie

Nieumeblowane

Styl architektoniczny

Cottage

Parking

Curb Parking, Podjazd, Off Street

Basen prywatny

Nie

Stan nieruchomości

Completed

Ekspozycja

Zachód

Informacje o budynku — 407 MAGNOLIA STREET, NEW SMYRNA BEACH, FL 32168

Powierzchnia budynku

3064

Jednostka powierzchni

Stopy kwadratowe (sq ft)

Liczba kondygnacji

2

Wspólnota (HOA)

Nie

Zwierzęta

Koty dozwolone, Psy dozwolone

Informacje o działce i budowie — 407 MAGNOLIA STREET, NEW SMYRNA BEACH, FL 32168

Cechy działki

Historic District, City Lot, Zagospodarowana zieleń, Near Marina, Sidewalk

Powierzchnia działki (sq ft)

7,500

Nad wodą

Nie

Widok

Ogród, Trees/Woods

Materiały konstrukcyjne

Wood Frame

Dach

Gont

Elementy zewnętrzne

Dziedziniec, Private Mailbox, Sidewalk

Kanalizacja

Kanalizacja publiczna

Ujęcie wody

Sieć publiczna

Nowe budownictwo

Nie

Dane z rejestrów publicznych — 407 MAGNOLIA STREET, NEW SMYRNA BEACH, FL 32168

Numer działki (folio)

744138040630

Roczny podatek od nieruchomości

$4,590

Rok podatkowy

2,025

Opis prawny (rejestr)

41-17-34 S 3/4 OF LOT 63 & N 11.75 FT OF LOT 64 BLK 4 ANDREW S PROPERTY NEW SMYRNA MB 1 PG 128 MB 2 PG 68 MB 12 PG 183 MB 17 PG 79 PER OR 3136 PG 0896 PER OR 8070 PG 2163 PER OR 832

Strefa zagospodarowania

R5

Hrabstwo

Volusia

Szkoły w pobliżu — 407 MAGNOLIA STREET, NEW SMYRNA BEACH, FL 32168

Szkoła podstawowa (elementary)

Read Pattillo Elem

Szkoła średnia (middle school)

New Smyrna Beach Middl

Liceum (high school)

New Smyrna Beach High

Przypisanie do szkół pochodzi z danych oferty — należy je zweryfikować we własnym zakresie.

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