North Beach New Smyrna Flip

North Beach New Smyrna Flip

3 bed 2 bath 1847 sq ft Built in 1962 Single Family
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71
Quality of Comparables
Low High
15 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
16/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Located in the highly desirable North Beach section of New Smyrna Beach, this solid block 3BD/2BA home offers 1,847 SF on an oversized 100' x 125' lot just a short walk to both the Atlantic Ocean and the Intracoastal Waterway. The property features a roof replaced in 2021 per seller, whole-house natural gas generator, private irrigation well, and two storage sheds including one with power. Positioned just minutes from Flagler Avenue, future owners will enjoy easy access to some of New Smyrna's most popular restaurants, shopping, nightlife, and beach attractions.

This property presents an excellent opportunity for a high-end beachside renovation in one of the area's most sought-after neighborhoods. Investors can capitalize on the premium location by creating an open-concept coastal design with updated kitchen and baths, luxury flooring, modern fixtures, enhanced outdoor entertaining space, and strong curb appeal. Large lot size, beachside location, and proximity to both the ocean and Flagler Avenue create significant upside for a luxury resale project in a market where renovated North Beach homes continue to command premium pricing.

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We recommend flip
Rental Income
$5,000 mo. / $60,000 yr.
Estimated Taxes
$11,128 / yr.
$40,872
Projected Income
5.76%
Estimated APY
$100,100
Projected Income
11.85%
Estimated ROI

Comps

 
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