New Smyrna Beach Florida Multi-Family for Sale

Key West Village. Unique investment opportunity in the heart of New Smyrna Beach. This fully occupied 6 unit community is a short distance to Riverside Drive and downtown Canal Street. Three one bedroom cottages and one single family 2 bedroom home, with two additional second floor studio apartments. All units have been remodeled with granite countertops, solid wood cabinets. and inside washer/dryers. Private off street parking for all residents. Seller financing available.

305 Mary Avenue, New Smyrna Beach

Listing courtesy of SOUTHERN HOME REALTY LLC. 407-702-3342

$276,000

4 Beds ⋅ 3 Baths ⋅ NS1088407 MLS

*Investor Alert* or those seeking an Extra Income Producing Property! Lots of Possibilities! Flexible Ownership Usage; This Corner Lot, Two Unit Single Family Rental Property could also be Single Family Owners seeking extra Income or needing an additional separate In-Law Suite Efficiency Apartment complete with 2nd Kitchen, Full Bathroom and Walk-in Closet or a larger or extended family just needing more space and options! Located in New Smyrna Beach Florida just a short 10–15-minute drive to the Drive-On Beach, or a 5-minute drive to the Intracoastal for fishing, boating, parks, dining, shopping and all that this Coastal Community has available! A short, less than ten-minute drive to Route 95 for longer distance travel. Strong Cash Flow and Return On Investment for Investors (currently $3,375 / Month total gross) or new Home Owner can choose to offset their expenses by up to $1,325 / Mo. by renting out the Efficiency Apartment or by $2,050 / Month by renting out the Main Home and living in the Efficiency Studio Apartment. The Main Home features Two Bedrooms, both with walk-in closets, one Bathroom, Kitchen, Dining Area, Living Room and Bonus Room which could act as a third Bedroom (but no closet) or Office or Den or Sitting Room. Nice Hardwood Floors throughout the Living and Bedrooms while the Kitchen and dining and adjacent room receive Porcelain Tiles for easy cleanup and maintenance. The studio Efficiency Apartment features two Separate Entrances, a flexible Living/Sleeping Space with Ceiling Fan and Walk-in Closet, a separate Full Kitchen and Dining Area and a Full Bathroom with Shower (and a second natural Gas Water Heater). The Main Home and Efficiency Apartment both have Two Separate Entrances as well as Separate Off-Street Parking Areas. The corner Lot yard has some mature trees and Landscaping to accent its surroundings and spacious feel. The home has been well maintained and recently painted inside and out. Now is your chance to Own an Income Producing slice of sunshine in this wonderful community by the water. Note: Listing Agent has an interest in the property. Please verify all Details and Dimensions.

486 Oak Street, New Smyrna Beach

Listing courtesy of GRACE REALTY, INC.. 386-427-1404

$1,250,000

7 Beds ⋅ 6 Baths ⋅ NS1088269 MLS

Under contract-accepting backup offers. Prime Beachside Triplex in New Smyrna Beach with Exceptional Income Potential. Centrally Located with Garage Parking. Welcome to this rare beachside Triplex in the heart of New Smyrna Beach, perfectly positioned just minutes from the Beach, Flagler Avenue, Shopping, Dining, and Local Attractions. Whether you’re looking to expand your Investment Portfolio or live in one unit while renting the others, this property offers outstanding Rental Income Potential in a highly Desirable Location. Property features three separate Units. Unit 1 is a spacious 3 bedroom, 2 bath single story, 2nd floor residence ideal for long term tenants or an owner occupant with 1,566 sq ft living space, washer and dryer, and covered porch. Unit 2 has 2 bedrooms, 2 baths with 855 sq ft of ground floor living space with washer/dryer and open deck. Unit 3 is another 2 bedroom, 2 bath with 855 sq ft of ground floor living space with washer/dryer and open deck. Units 2 & 3 are perfect for annual or short-term rentals (verify local zoning). Each unit has its own 1 Car Garage, a rare and valuable feature for beachside living, offering convenience and added rental appeal. The Triplex is located in a strong Rental Demand Area, centrally located on beachside with consistent year round tenant demand. Enjoy flexible use with option to live in one unit and rent the others, or maximize income with all three units rented. Additionally, the property is well maintained with solid layout and separation between units. Private entrances for each unit. Close to beach access, local parks, schools, and public transportation. Easy access to Causeways for mainland commuting, making it ideal for long term rentals, seasonal rentals, or multi-generational living. This Property Stands Out because Beachside Multi-Family properties are extremely limited in New Smyrna Beach. This Triplex offers Location, Layout, and Income Potential, making it a Smart Investment in one of Florida’s most desirable Coastal Communities. Don’t miss this Opportunity! Contact us Today for rental income details, zoning information, or to schedule a Private Showing.

601 E 2nd Avenue, New Smyrna Beach

Listing courtesy of NSB HOMES LLC. 386-427-0439

$1,500,000

NS1087387 MLS

Confidential Commercial Offering – Prime SR44 Corridor | New Smyrna Beach Rare opportunity to acquire a 2.3± acre street-to-street parcel with exceptional visibility and over 400 feet of frontage along highly traveled SR44 in New Smyrna Beach, east of I-95. With an FDOT reported average daily traffic count of approximately 24,500 vehicles, this property offers outstanding exposure in one of the area’s most desirable growth corridors. Currently zoned R-5, the site presents strong potential for commercial rezoning or redevelopment as a Planned Unit Development (PUD) with the City of New Smyrna Beach. The existing 2,900± square foot building features a brand-new roof and approximately 10 on-site parking spaces. Strategically located in the heart of NSB near schools, established neighborhoods, shopping, and just minutes to the Atlantic Ocean, this property offers significant upside for investors, developers, or end users seeking a high-visibility location. All interested parties must execute a confidentiality agreement to receive additional details.

Confidential, New Smyrna Beach

Listing courtesy of THE KEYES COMPANY. 386-428-5723

$849,000

4 Beds ⋅ 4 Baths ⋅ V4945019 MLS

FULLY LEASED AND FURNISHED TURNKEY INVESTMENT POTENTIAL! Discover the charm and potential of this mixed-use historic property located just one block from Canal Street and minutes to the beach. With commercial/residential zoning (MU) and a B&B overlay allowing nightly rentals, this property is ready to generate income while offering endless possibilities for its next owner. Property Features: Four Separate Apartments: Unit A (Downstairs-Rear) is a 1 bedroom, 1 bath. Unit B & C (Upstairs) are also 1 bedroom, 1 bath. Unit A2 (Bottom-Front) is a 1 bedroom, 1 bath with the largest sq. footage of the four. Units A, B & C are fully furnished with updated appliances. Unit A2 is unfurnished but has a complete NEW kitchen, bathroom, bedroom and flooring. Recent Updates: New roof (Jan 2023) with transferable warranty. Fresh tropical landscaping with shell accents (Feb 2023) Hookup in place for a future hot tub. Large parcel with plenty of parking for cars, trailers, or boats. Great signage exposure while maintaining privacy for tenants Location & Lifestyle: Steps from Canal Street's shops, restaurants, art galleries, and weekend events Just minutes from New Smyrna Beach's famous coastline and marinas About an hour to Orlando International Airport Zoned Commercial/Residential Mixed-Use. Buyer to confirm intended uses and feasibility with the City of New Smyrna Beach and Volusia County. This is a rare opportunity to own a versatile property in one of Florida's most desirable coastal towns. Whether you envision short-term rentals, a live/work setup, or launching a new business, 200 Live Oak Street is ready to make it happen.

200 Live Oak Street, New Smyrna Beach

Listing courtesy of PREMIER SOTHEBYS INTL REALTY. 386-761-2172

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New Smyrna Beach Florida Multi-Family

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