House for Sale
$229,900
2 bd · 1 ba · 953 sqft
NEW SMYRNA BEACH, FL 32168 · MLS# NS1086855 · Active · INWOOD SUB NEW SMYRNA BEACH
*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 (previously $3,375 / Month total gross) or new Home Owner can choose to offset their expenses with the CURRENTLY RENTED Efficiency Studio Apartment at $1,250 / Mo. or add in $2,050 / Month by renting out the Main Home in addition to 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.
School assignments are provided by the listing and should be independently verified.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
486 OAK STREET, NEW SMYRNA BEACH, FL 32168 · See all New Smyrna Beach homes for sale
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486 OAK STREET is a single family home for sale in NEW SMYRNA BEACH, FL 32168. This property was listed for sale on December 20, 2025 by GRACE REALTY, INC., it's currently listed at $276,000. This listing's school district is Volusia Public Schools. Nearby schools include Chisholm Elem, New Smyrna Beach Middl and New Smyrna Beach High. 486 OAK STREET is a 3-bed, 2-bath, 1,422 sqft single family home built in 1953.