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486 Oak Street

NEW SMYRNA BEACH, FL 32168
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Bed 3

Bed

Bath 2

Bath

SqFt1,422

Sqft

Acres0.24

Acre(Lot)

*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 (currently $3 ,375 / Month total gross) or new Home Owner can choose to offset their expenses currently $1,325 / Mo. by renting out the Efficiency Apartment or by $2,050 / 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.

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Detail Ic Property Details

Property Type : Residential

Price : $265,900

AD Id : 71382578

MLS Id : MFRNS1086855

Beds : 3

Lot Size : 0.24 Acre

Living Area Size : 1,422

Year Built : 1953

County : Volusia

Subdivision: Inwood Sub New Smyrna Beach

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Feature Features

  • Bedroom Information

    Total Bedroom: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Interior Features

    Ceiling Fans(s), Eat-in Kitchen Roof: Shingle Appliances: Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator Laundry Features: Laundry Closet

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Carpet, Wood Construction Materials: Frame
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1953
  • Exterior Features

    None Construction Materials: Frame Foundation Details: Block

  • Lot Information

    Lot Square Feet: 10625 Lot Acres: 0.24 Lot Size (SqMt): 987

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Craftsman

  • Listing Price Information

    Original List Price:$299900

  • Tax Information

    Tax Block: 1 Tax Book Number: 4-115 Tax Lot: 8 Tax Legal Description: LOT 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 3498 Annual Tax: $2381 Tax Year: 2024 Parcel Number: 7418-08-01-0080

  • School Information

    Elementary School: Chisholm Elem Junior High School: New Smyrna Beach Middl Senior High School: New Smyrna Beach High
  • Utility Information

    Cable Available, Water Connected Sewer: Septic Tank Water Source: Public
  • Location Information

    Subdivision: INWOOD SUB NEW SMYRNA BEACH City: NEW SMYRNA BEACH Direction: Route 95 to Rt 44 (E), to Mission (N), to Enterprise (E) to Oak (S) , #486 on Corner ( 1st House Right Side)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Undisclosed Address, New Smyrna Beach, FL, 32168 $459,000 4 3 2,702 2,702 SqFt
3121 Portofino Boulevard, ,, FL, 32168 $489,900 4 4 2,338 2,338 SqFt
147 Ashby Cove Ln, New Smyrna Beach, FL, 32168 $1,199,000 4 3 3,507 3,507 SqFt
Undisclosed Address, New Smyrna Beach, FL, 32168 $219,000 2 2 1,186 1,186 SqFt
1703 S Riverside Drive, New Smyrna Beach, FL, 32168 $2,995,000 5 4 2,993 2,993 SqFt
107 Donlon Drive, New Smyrna Beach, FL, 32168 $6,498,000 5 7 8,138 8,138 SqFt
107 Donlon Drive, New Smyrna Beach, FL, 32168 $6,498,000 5 7 8,138 8,138 SqFt
1511 S Riverside Drive, New Smyrna Beach, FL, 32168 $6,895,000 5 7 8,277 8,277 SqFt
1511 S Riverside Drive, New Smyrna Beach, FL, 32168 $6,895,000 5 7 8,277 8,277 SqFt
1508 S Riverside Drive, New Smyrna Beach, FL, 32168 $1,075,000 3 3 2,556 2,556 SqFt
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ByOwner last updated this listing 06/23/2026 @ 18:20

MLS: MFRMLS #NS1086855 LISTED BY: Chip Doherty, GRACE REALTY, INC. 386-427-1404 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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