406 S Pine Street, New Smyrna Beach, FL 32169

$815,000

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Property Description

Rarely does an investment opportunity combine location, income, land, and future potential quite like this beachside duplex! Short distance to Flagler & the beach. Roof approx. 3 years old & One side just had HVAC replaced (9/2026) Ideally positioned on an oversized corner lot with mature landscaping, this well-maintained property offers two spacious 2-bedroom, 1-bath residences, each thoughtfully designed with its own private 1-car garage and separate parking area.A shared laundry room adds convenience for both units, while the generous lot provides valuable room for future expansion or additional improvements, subject to applicable zoning and approvals. With strong cash flow already in place and long-term leases currently in effect, this property offers the ideal combination of immediate income and long-term investment potential.

406 S Pine Street | MLS# 1230730

This multi-family property located at 406 S Pine Street, New Smyrna Beach, FL 32169 is currently listed for sale with an asking price of $815,000. Search New Smyrna Beach real estate on www.janshields.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric, Separate Meters, Individual
Fuel Type: Electric
Garage: 2
Heating: Central, Electric, Separate Meters, Individual
Lot Size: 0.24 Acres
Roof Type: Shingle
Taxes: $7,311
Year Built: 1956
Square Feet: 1,455

Feature Descriptions

Appliances: Electric Oven
Days on Site: 50
Directions: E on SR 44 to Peninsula Ave. Left on Peninsula, right on 2nd. and left on Pine. Corner of Oakwood & Pine
Exterior: Block, Concrete
Listing Terms: Cash, Conventional, FHA
Lot: Corner Lot
Lot Dimensions: 104 x 791
Parcel #: 7409-05-02-0220
Parking: Garage
Property Attached Y/N: No
Property Sub-Type: Duplex
Road Frontage: City Street
Road Surface: Paved
SQFT Total: 2318
Units: 2
Utilities: Electricity Available, Electricity Connected, Natural Gas Not Available, Separate Electric Meters, Separate Water Meters, Water Connected

Listed By / Shown By

Listed By

Agency Name: Collado Real Estate

Shown By

Agent Name: Jan Shields
Agent Phone: (904) 891-6331
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 4,955.19 per month $4,108.23 Principal & Interest $609.25 Property Tax $237.71 Homeowner's Insurance

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