712-714 Oakwood Avenue
New Smyrna Beach, FL 32169

Listed at $965,000

Details

  • MLS# NS1087211
  • Multi Unit - Multiple
  • Status Active
  • 4 Bedrooms
  • Bathrooms
  • 1,800 Square Feet
  • 0.230 acres
  • Built in 1980
  • Local Schools

Description

Just steps to the beach, this ideally situated New Smyrna Beach duplex sits only six houses from the ocean, with a public beach walkway located directly at the end of Oakwood. The property has never experienced flooding and is located outside the zone requiring flood insurance, creating rare peace of mind for both owners and investors. This is the true heart of Central Beach, where you can walk or take your golf cart to Flagler Avenue's restaurants, boutique shopping, nightlife, ice cream shops, convenience retail, Publix, Starbucks, the river, local parks, and every lifestyle amenity that makes this area one of the most desirable coastal...read more destinations in Florida. Both units offer two bedrooms, one bathroom, a comfortable living area, full kitchen, and a dedicated laundry room located outside, just off the rear of each unit. Each side also has its own private outdoor space. This setup is ideal for short-term monthly rentals, seasonal visitors, long-term tenants, or a live-in one side and rent the other configuration. With projected rental income between $45,000 and $65,000 annually, this duplex provides excellent cash flow and consistent demand throughout the year from snowbirds, traveling professionals, and extended-stay guests seeking beach proximity and walkability. Positioned on a larger-than-average 0.23-acre lot, the property is directly adjacent to Detwiler Park, offering tennis courts, a playground, open green space, and shaded areas that create a welcoming community feel. The concrete block construction, metal roof, and coastal-friendly design contribute to durability and low maintenance requirements. The spacious lot size also offers flexibility for enhancements. In addition to its strong income performance, the property holds significant redevelopment potential. The neighboring parcel to the west was transformed from an identical duplex into a luxurious beachside estate, demonstrating what is possible on this block. With proper planning, this property could be elevated in the same fashion to create a premier Central Beach residence while still offering substantial rental capability or multigenerational living options. Very few beachside lots this close to the ocean offer both income stability and long-term estate potential. This location embodies the best of the New Smyrna Beach lifestyle. Enjoy morning walks on the sand, afternoon golf cart trips to local shops, or evenings on Flagler Avenue. Whether you are searching for a high-performing investment property, a versatile beach home, or a redevelopment opportunity in one of NSBs most coveted coastal neighborhoods, this property offers exceptional value and potential. Properties of this size and location, combined with flood-free history and strong income projections, are increasingly rare.

Features

  • Dryer
  • Range
  • Refrigerator
  • Washer
  • Central Air
  • Carpet
  • Tile
  • Central
  • 1.0 Story
  • $9,543 Taxes
  • Public
  • Built in 1980
View All Features

Contact the Agent

Contact the Listing Agent
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/08/2026. The listing information on this page last changed on 03/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 03/08/2026 12:09:49 AM EST) or Miami MLS (last updated Sat 03/07/2026 11:58:39 PM EST) or Stellar MLS (last updated Sat 03/07/2026 11:58:56 PM EST) or Daytona MLS (last updated Sat 03/07/2026 11:36:56 PM EST) or Tallahassee MLS (last updated Sat 03/07/2026 10:48:02 PM EST) or Northeast Florida MLS (last updated Sat 03/07/2026 11:58:46 PM EST) or My State MLS (last updated Sat 03/07/2026 11:30:21 PM EST) or Florida Keys MLS (last updated Sat 03/07/2026 8:29:20 PM EST). Real estate listings held by brokerage firms other than Adams Cameron & Co. REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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All Property Features

  • Property Type: Multi Unit - Multiple
  • Accessibility Features: Accessible Approach with Ramp, Visitor Bathroom, Accessible Hallway(s), Accessible Kitchen
  • Annual Net Income: 50000.00
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Association Amenities: Park, Playground, Tennis Court(s), Trail(s)
  • Body of Water: ATLANTIC OCEAN, INDIAN RIVER
  • Community Features: Park, Playground, Restaurant, Tennis Court(s), Street Lights
  • Cooling: Central Air
  • Days on Site: 37
  • Directions: SR 44 East over South Causeway. Left on Cooper St, turn right onto Oakwood to property on the left.
  • Disaster Mitigation: Hurricane Shutters/Windows
  • Exterior: Block
  • Exterior Features: Hurricane Shutters, Private Entrance, Private Mailbox, Storage
  • Flood Zone Code: X
  • Flooring: Carpet, Tile
  • Foundation: Slab
  • Heating: Central
  • Home Warranty Y/N: No
  • Interior Features: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom
  • Lease Terms: Twelve Months
  • Listing Terms: Cash, Conventional, Trade, FHA, Private Financing Available, USDA Loan, VA Loan
  • Lot Description: City Limits, Level, Oversized Lot, Paved
  • Lot Dimensions: 0.23
  • Lot Size: 0.23 Acres
  • Other Equipment: Private Entrance
  • Other Structures: Shed(s)
  • Ownership: Fee Simple
  • Patio/Porch: Patio
  • Pets Allowed: Yes
  • Pets Restrictions: Buyer assumes responsibility to verify with local city ordinance
  • Pool: Other
  • Property Attached Y/N: No
  • Property Sub-Type: Duplex
  • Roof Type: Metal
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Showing Instructions: Supra Lock Box, ShowingTime
  • Spa: Other
  • Special Sale Provisions: None
  • Special View Info: Water
  • Stories: 1.0
  • Taxes: $9,543
  • Units: 2
  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Water: Public
  • Water Access: Beach, Gulf/Ocean, Lagoon, Marina, River
  • Water Access Y/N: Yes
  • Waterfront Features: Fishing Pier
  • Windows: ENERGY STAR Qualified Windows, Window Treatments
  • Year Built: 1980
  • Zoning: R3