714 Downing Street, New Smyrna Beach, FL 32168

$395,000
4
BD
3
BA
2,062
SqFt

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Sold Price
$395,000
List Price
$429,000
Status
SOLD
Days on Market
52
Closing Date
Apr 03, 2026
MLS#
NS1087043
Subtype
Residential Income
Year Built
1910
Bedrooms
4
Bathrooms
3
Living Area
2,062
Lot Size
22,651
Acres
0.52
Subdivision
Billville
MLS Area Major
New Smyrna Beach

Property Description

This versatile property offers exceptional opportunities for investors and owner-occupants Situated on a Triple 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 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. The property has a recent appraisal of $440,000. Instant Equity!

Additional Information

Interior Features
Ceiling Fans(s)
Exterior Features
Balcony, Private Yard, Sliding Doors, Storage
Community Features
No Deed Restriction
Zoning
R5
Appliances
Electric Water Heater, Range, Refrigerator
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
HardiPlank Type, Vinyl Siding, Frame
Exterior Features
Balcony, Private Yard, Sliding Doors, Storage
Roof
Shingle
Foundation
Crawlspace
Garage
2 Car Garage
Garage Spaces
2

Listing courtesy of CENTURY 21 ALTON CLARK. 407-636-4637

Selling Office: BRIGHT REALTY.

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