Photo 1 of 25
$1,450,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 4 |
2.10 |
3,448 |
$14,402.87 |
1918 |
|
On the market:
4 days
|
View full details, photos, school info, and price history
NSB Oasis: The Ultimate TriPlex Turnkey Investment or Coastal "House Hack"
Experience the pinnacle of New Smyrna Beach living with this rare, income-producing multi-unit property. Currently grossing six figures annually, this versatile property features a private backyard pool, making it a premier destination for vacationers and a high-value asset for investors.
Your Private Coastal Retreat
The heart of this property is the tropical backyard oasis. The sparkling private pool is a major draw for short-term guests, ensuring high occupancy and premium nightly rates year-round. Whether you’re hosting a poolside BBQ or offering a quiet retreat for tenants, this outdoor space sets the property apart from almost everything else in the area.
Proven Revenue & Diversified Income
Currently operating as a turnkey three-unit setup with an established performance history and a professional management team already in place:
The Main Residence: A high-performing vacation rental centered around the pool experience.
The Studio Suite: A steady long-term rental at $700+.
The One-Bedroom Apartment: Freshly updated with new paint and carpet. Primed for $1,500+ monthly based on local demand for refreshed, walkable units.
Expansion & Value-Add Potential
Zoned for a 4th Unit: Current zoning allows for an additional unit, providing a massive opportunity to scale your income on the same lot.
900 Sq. Ft. Garage: A massive structure perfect for a workshop, "toy" storage for boats and golf carts, or future conversion into that fourth income stream.
Located in a historic, highly desirable, and heart of downtown New Smyrna Beach:
Canal Street District: Walk to historic shops, an art gallery, local eateries, and the Saturday Farmers Market.
Sun & Surf: A short trip to the river and the iconic surfing of the Atlantic coast.
Laid Back Life: Embrace the relaxed, "local" lifestyle that makes NSB one of Florida's most sought-after destinations.
Whether you want a pure-play investment with a strong ROI, a multi-unit family compound, or a house-hack where you live in the main house and let the units pay your mortgage—this property is a rare find that checks every box.
Listing courtesy of John Lehto, XCELLENCE REALTY INC.