714 Downing St., New Smyrna Beach, FL 32168

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.