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714 Downing Street
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PRICED AT ONLY: $450,000

Address: 714 Downing Street, NEW SMYRNA BEACH, FL 32168

Description

This versatile property offers exceptional opportunities for investors and owner occupants. 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. 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 deckingminimizing future maintenance costs. Ideally located near Canal Street, Riverside Park, and the local Farmers Market, this property combines income potential, flexibility, and location in one compelling offering.

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  • MLS#: NS1087041 ( Residential )
  • Street Address: 714 Downing Street
  • Viewed: 19
  • Price: $450,000
  • Price sqft: $218
  • Waterfront: No
  • Year Built: 1910
  • Bldg sqft: 2062
  • Bedrooms: 4
  • Total Baths: 3
  • Full Baths: 2
  • 1/2 Baths: 1
  • Garage / Parking Spaces: 2
  • Days On Market: 18

Description

This versatile property offers exceptional opportunities for investors and owner occupants. 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. 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 deckingminimizing future maintenance costs. Ideally located near Canal Street, Riverside Park, and the local Farmers Market, this property combines income potential, flexibility, and location in one compelling offering.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Private Yard, Sliding Doors, Storage
  • Flooring: Laminate, Luxury Vinyl, Tile, Wood
  • Living Area: 2062.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Electric
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Sewer Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Electric Water Heater, Range, Refrigerator
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s), Thermostat, Walk-In Closet(s)
  • Legal Description: LOTS 46 47 & 48 BLK 4 BILLVILLE NEW SMYRNA PER OR 4898 PG 3416 PER OR 7339 PG 0734 PER OR 7070 PG 4255
  • Levels: Two
  • Area Major: 32168 - New Smyrna Beach
  • Occupant Type: Vacant
  • Parcel Number: 7441-19-04-0460
  • Style: Traditional
  • Views: 19
  • Zoning Code: R5
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