714 Downing Street, New Smyrna Beach, FL 32168
Local realty services provided by:ERA Grizzard Real Estate
Listed by: david abbott
Office: century 21 alton clark
MLS#:NS1087043
Source:MFRMLS
Price summary
- Price:$450,000
- Price per sq. ft.:$218.23
About this home
This versatile property offers exceptional opportunities for investors, owner-occupants, and
developers alike. Situated on an expansive lot, the home features separate private
entrances for the upper and lower units, creating true multi-use flexibility.
The lower level offers approximately 1,066 square feet with two bedrooms and one-and-a-half
bathrooms. The upper level provides approximately 966 square feet with two bedrooms and one
bathroom. Both units are move-in ready, making this an ideal turnkey investment with immediate
rental income potential.
Owner-occupants will appreciate the option to live in one unit while offsetting mortgage
expenses with rental income from the other, or to provide a private living space for extended
family. Developers will recognize the significant upside potential of the oversized lot, with room
for possible multi-family expansion (buyer to verify zoning and approvals with the city).
Major capital improvements have already been completed, including a new roof, updated HVAC
systems, water heater, renovated bathrooms, new flooring in the lower unit, and updated
decking—minimizing future maintenance costs.
Ideally located near Canal Street, Riverside Park, and the local Farmer’s Market, this property
combines income potential, flexibility, and location in one compelling offering.
Contact an agent
Home facts
- Year built:1910
- Listing ID #:NS1087043
- Added:1 day(s) ago
- Updated:January 17, 2026 at 06:09 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Living area:2,062 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:1910
- Building area:2,062 sq. ft.
- Lot area:0.52 Acres
Utilities
- Water:Public
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$450,000
- Price per sq. ft.:$218.23
- Tax amount:$4,413 (2025)
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