486 OAK STREET, New Smyrna Beach, FL 32168

• 3 beds |
• 2 baths |
• 1,422 sqft

Property Description

*Investor Alert* or those seeking an Extra Income Producing Property! Lots of Possibilities! Flexible Ownership Usage; This Corner Lot, Two Unit Single Family Rental Property could also be Single Family Owners seeking extra Income or needing an additional separate In-Law Suite Efficiency Apartment complete with 2nd Kitchen, Full Bathroom and Walk-in Closet or a larger or extended family just needing more space and options! Located in New Smyrna Beach Florida just a short 10–15-minute drive to the Drive-On Beach, or a 5-minute drive to the Intracoastal for fishing, boating, parks, dining, shopping and all that this Coastal Community has available! A short, less than ten-minute drive to Route 95 for longer distance travel. Strong Cash Flow and Return On Investment for Investors (up to $4,000 / Month total gross) or new Home Owner can choose to offset their expenses by up to $1,500 / Mo. by renting out the Efficiency Apartment or by $2,500 / Month by renting out the Main Home and living in the Efficiency Studio Apartment. The Main Home features Two Bedrooms, both with walk-in closets, one Bathroom, Kitchen, Dining Area, Living Room and Bonus Room which could act as a third Bedroom (but no closet) or Office or Den or Sitting Room. Nice Hardwood Floors throughout the Living and Bedrooms while the Kitchen and dining and adjacent room receive Porcelain Tiles for easy cleanup and maintenance. The studio Efficiency Apartment features two Separate Entrances, a flexible Living/Sleeping Space with Ceiling Fan and Walk-in Closet, a separate Full Kitchen and Dining Area and a Full Bathroom with Shower (and a second natural Gas Water Heater). The Main Home and Efficiency Apartment both have Two Separate Entrances as well as Separate Off-Street Parking Areas. The corner Lot yard has some mature trees and Landscaping to accent its surroundings and spacious feel. The home has been well maintained and recently painted inside and out. Now is your chance to Own an Income Producing slice of sunshine in this wonderful community by the water. Note: Listing Agent has an interest in the property. Please verify all Details and Dimensions.

Listing Status:

Active

Date Added:

December 20, 2025 at 06:00AM

Listing Office:

GRACE REALTY, INC. : 386-427-1404

Listing Agent:

Chip Doherty : 386-416-9376

MLS ID:

NS1086855

Interior

• General: Ceiling Fans(s)Eat-in Kitchen
• Rooms: Interior In-Law Suite w/Private Entry
• Appliances: DishwasherExhaust FanMicrowaveRangeRefrigerator
• Laundry: Laundry Closet
• Flooring: CarpetWood
• A/C: Central Air
• Heating: Central

Exterior

• General: None
• Style: Craftsman

Construction

• Roofing: Shingle
• General: FrameOneBlock

Location

• Road/Access: Gravel
• Originating MLS: Stellar MLS
• County: Volusia

Lot

• Zoning: 01R-4LOT 8 BLK 1 INWOOD NEW SMYRNA MB 4 PG 115 PER OR 5826 PGS 4411-4412 PER OR 5881 PGS 3022-3025 PER OR 6323 PG 0358 PER OR 6335 PG 1316 PER OR 6814 PG 34987418-08-01-0080

Utilities

• Utilities: Cable AvailableWater Connected
• Water: Public
• Sewer: Septic Tank

Financial

• Source: Stellar MLS
• Ownership: Fee Simple

This listing courtesy of Chip Doherty, GRACE REALTY, INC.