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29522833
29522845

2nd Ave E, New Smyrna Beach, FL 32169

DK
FL FL bk3067010
NSB Homes
Listed by NSB Homes
$1,250,000
147 days on market
Updated 147 days ago

NSB Tri-Plex

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 3,276
Net Rentable (SqFt) 3,276
Units 3
Occupancy 100%
Price per SqFt $382
Broker Co-Op Yes
Class B
Year Built 2000
Buildings 3
Stories 2
Lot Size (SqFt) 9,750
Zoning B-2
Parking Spaces 1 per unit
Occupancy Date 01/30/2026
Sale Condition For sale by owner

Live-in-one, rent-the-rest!

Marketing description

Live, Rent, Invest

Prime Beachside Triplex in New Smyrna Beach – Exceptional Income Potential

💰 Investment Opportunity | Centrally Located | Garage Parking

Welcome to this rare beachside triplex in the heart of New Smyrna Beach, perfectly positioned just minutes from the beach, Flagler Avenue, shopping, dining, and local attractions. Whether you’re looking to expand your investment portfolio or live in one unit while renting the others, this property offers outstanding rental income potential in a highly desirable location.

Property Highlights:

  • Three Separate Units –

    • Unit 1: Spacious 3-bedroom, 2-bath residence ideal for long-term tenants or an owner-occupant with approx. 1566 sqft of heated living space

    • Unit 2: 2-bedroom, 2-bath unit with approx. 855 sqft of comfortable living space

    • Unit 3: 2-bedroom, 2-bath unit, perfect for annual or short-term rentals (verify local zoning) with approx. 855 sqft of living space

  • Garage Spaces Included – a rare and valuable feature for beachside living, offering convenience and added rental appeal

  • Strong Rental Demand Area – centrally located on the beachside with consistent year-round tenant demand

  • Flexible Use – live in one unit and rent the others, or maximize income with all three units

Additional Features:

  • Well-maintained property with solid layout and separation between units

  • Private entrances for each unit

  • Close to beach access, local parks, schools, and public transportation

  • Easy access to causeways for mainland commuting

  • Ideal for long-term rentals, seasonal rentals, or multi-generational living

Why This Property Stands Out:

Beachside multi-family properties are extremely limited in New Smyrna Beach. This triplex offers location, layout, and income potential—making it a smart investment in one of Florida’s most desirable coastal communities.

📞 Don’t miss this opportunity! Contact us today for rental income details, zoning information, or to schedule a private showing.

Investment highlights

Estimated Rental Income – Income Potential Overview

Rental estimates are based on current market conditions in New Smyrna Beachside for comparable units. Actual income may vary depending on lease terms, furnishing, and rental strategy.

Unit Breakdown & Estimated Monthly Rents

  • Unit 1 – 3 Bedroom / 2 Bath

    • Estimated Long-Term Rent: $2,800 – $3,200 per month

    • Ideal for owner-occupant or premium long-term tenant

  • Unit 2 – 2 Bedroom / 2 Bath

    • Estimated Long-Term Rent: $2,200 – $2,600 per month

  • Unit 3 – 2 Bedroom / 2 Bath

    • Estimated Long-Term Rent: $2,200 – $2,600 per month

Estimated Total Monthly Income

  • Low Estimate: ~$7,200/month

  • High Estimate: ~$8,400/month

Estimated Annual Gross Income

  • Low Estimate: ~$86,400/year

  • High Estimate: ~$100,800/year

Additional Income Potential

  • Garage spaces may command additional monthly rent

  • Premium location supports:

    • Annual leases

    • Seasonal rentals

    • Possible short-term rental income (subject to zoning and city regulations)

Investment Highlights

✔ Centrally located beachside property
✔ Multiple units reduce vacancy risk
✔ Strong rental demand year-round
✔ Rare garage parking increases tenant appeal
✔ Live-in-one, rent-the-rest opportunity

Listing Contacts

DK
FL FL bk3067010
NSB Homes
Listed by NSB Homes

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Zoning

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R-2 ResidentialSingle FamilySingle Family Residential
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View all 15 uses
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
David Kosmas
License
FL bk3067010
Brokerage
NSB Homes
Brokerage Phone
3864536017
Title
Broker Associate Co-Owner
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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