Active

$895,000

Features:
  • 8 Bedrooms
  • 4 Bathrooms
  • 1512 sq ft
Overview
  • ID: MFRNS1086204
  • Bedrooms: 8
  • Bathrooms: 4
  • Size: 1512 sq ft
Property Details
Remarks
Prime Investment Opportunity – Steps from the Beach! Location, lifestyle, and limitless potential await at 406 Cedar Avenue in the heart of New Smyrna Beach’s coveted beachside golf cart district. This updated duplex features two 2-bedroom, 1-bath units just one block from the beach and three blocks from Flagler Avenue’s shops and restaurants—making it a sought-after short- or long-term rental location. Investors will appreciate the strong income potential and flexibility this property offers. The adjacent duplex at 410 Cedar Avenue is also available, providing the rare opportunity to own side-by-side income-producing properties or explore redevelopment options. Current zoning allows a maximum building height of 35 feet and requires a minimum 50-foot lot width, opening the door for future expansion or new construction in one of the most desirable coastal markets in Central Florida. Whether you’re looking to expand your portfolio, develop for future returns, or enjoy steady cash flow from day one—this is a smart investment you don’t want to miss!
Financial Considerations
Price:
$895,000
HOA Fee:
N/A
Tax Amount:
$8787.92
Price per SqFt:
$591.93
Tax Legal Description:
LOT 10 & E 15 FT OF LOT 8 & W 17.5 FT OF LOT 12 BLK 7 COOPER SUB MB 5 PG 165 PER OR 3940 PG 4350 PER OR 6712 PGS 0234-0235 PER OR 7437 PG 3693 PER OR 7447 PG 3568 PER OR 7956 PG 1957
Exterior Features
Lot Size:
8300
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
Range, Refrigerator
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1974
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
French Doors
Additional Features 2:
Check with city/county regarding leasing restrictions.
Map
  • Address
    406 CEDAR AVE
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 289,900
avt
Daniel Dourado
$ 370,000
avt
Daniel Dourado
$ 485,000
avt
Daniel Dourado
$ 249,500
img
  • Featured
  • Active
Duplex

780 LINCOLN PKWY

  • 6
  • 4
  • 196 m²
avt
Daniel Dourado
$ 549,999
img
  • Featured
  • Active
Duplex

9264 ANITA AVE #A & B

  • 4
  • 4
  • 187 m²
avt
Daniel Dourado
$ 309,900
img
  • Featured
  • Active
Duplex

6710 S JUANITA ST

  • 4
  • 2
  • 139 m²
avt
Daniel Dourado
$ 445,000
img
  • Featured
  • Active
Duplex

603 MOOSE LODGE RD #A

  • 6
  • 4
  • 199 m²
avt
Daniel Dourado
$ 525,000
avt
Daniel Dourado
$ 225,000
avt
Daniel Dourado
$ 600,000
avt
Daniel Dourado
$ 1,175,000
avt
Daniel Dourado
$ 270,000