486 Oak Street

New Smyrna Beach, FL 32168 (MLS # NS1086855)

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.

Features

  • AIR

    Central Air

  • AIR CONDITIONING

    Yes

  • APPLIANCES

    Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator

  • AREA

    32168 - New Smyrna Beach

  • CONSTRUCTION

    Frame

  • EXTERIOR

    None

  • HEAT

    Central

  • INTERIOR

    Eat-in Kitchen

  • LOT

    10454 sq ft

  • SEWER

    Septic Tank

  • STORIES

    1

  • STYLE

    Craftsman

  • SUBDIVISION

    INWOOD SUB NEW SMYRNA BEACH

  • TAXES

    2381

  • UTILITIES

    Cable Available, Water Connected

  • WATER

    Public

Location

Resources

Details: (1165531171) | [1779274088]

Price $275,900
Status Active
Beds 3
Baths 2 Baths
Home size 1,422 sqft
Lot Size 10,455 sqft
Days on Market 151
*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.
Property Type(s): Single Family
Last Updated 5/11/2026 Tract INWOOD SUB NEW SMYRNA BEACH
Year Built 1953 Community 32168 - New Smyrna Beach
County Volusia

SCHOOLS

Elementary School Chisholm Elem
Jr. High School New Smyrna Beach Middl
High School New Smyrna Beach High

Price History

Prior to Mar 6, '26 $299,900
Mar 6, '26 - Apr 29, '26 $279,900
Apr 29, '26 - May 11, '26 $277,900
May 11, '26 - Today $275,900

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator
AREA 32168 - New Smyrna Beach
CONSTRUCTION Frame
EXTERIOR None
HEAT Central
INTERIOR Eat-in Kitchen
LOT 10454 sq ft
SEWER Septic Tank
STORIES 1
STYLE Craftsman
SUBDIVISION INWOOD SUB NEW SMYRNA BEACH
TAXES 2381
UTILITIES Cable Available, Water Connected
WATER Public
Listing provided by Chip Doherty, GRACE REALTY, INC., 386-427-1404
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/20/26 3:48 AM PDT.

This IDX solution is (c) Diverse Solutions 2026.

Email a Friend