Active

$450,000

Features:
  • 4 Bedrooms
  • 3 Bathrooms
  • 2062 sq ft
Overview
  • ID: MFRNS1087043
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 2062 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$450,000
HOA Fee:
N/A
Tax Amount:
$4413.05
Price per SqFt:
$218.23
Tax Legal Description:
LOTS 46 47 & 48 BLK 4 BILLVILLE NEW SMYRNA PER OR 4898 PG 3416 PER OR 7339 PG 0734 PER OR 7070 PG 4255
Exterior Features
Lot Size:
22651
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
3
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Electric Water Heater, Range, Refrigerator
Furnished:
Yes
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1910
Construction Type:
HardiPlank Type, Vinyl Siding, Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Balcony, Private Yard, Sliding Doors, Storage
Additional Features 2:
N/A
Map
  • Address
    714 DOWNING ST
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