Pond-View Duplex with
44 FORE Drive New Smyrna Beach, FL 32168
New
44 FORE Drive, New Smyrna Beach, FL, 32168
$295,000
For Sale
$295,000
MULTI_FAMILY - NEW SMYRNA BEACH, FL
Property Size1,242 SF
Lot Size0.11 Acres
Price / SF$237.52
Days on Market4
Property Features for 44 FORE Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- 10PUD
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
- Pets allowed
- Dogs OK, Cats OK
- Exterior features
- Courtyard
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 7312-04-00-2070
- Size
- 1,242 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 207 FAIRGREEN UNIT III MB 34 PG 158 PER OR 3859 PG 4719 PER OR 6155 PG 4453 PER OR 6921 PG 3916 PER OR 8426 PG 3797 PER OR 8481 PG 0998 PER OR 8587 PG 3399
- Tax Annual Amount
- 4018
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1978
- Floors in Building
- 1
- Flooring type
- Laminate, Vinyl, Tile
- Building materials
- Frame
- Roof type
- Shingle
Listing agency
WHITE WHALE REAL ESTATE
(388) 689-5171
Listed by
Christopher Schwarz · License #3216401
(386) 689-5171
Added: Jul 19 Updated: Jul 22 at 3:57AM Checked: Jul 22 at 4:06PM
MLS# NS1088777
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex was built in 1978 and includes a 2-bedroom, 2-bath layout. The home offers heated/air living space of 1,242 square feet and 2,214 square feet total, with a back patio that overlooks open water rather than a neighboring yard. The property is situated on a quiet street.
The duplex is located at 44 FORE Drive in New Smyrna Beach, Florida, within zoning described as 10PUD. The property is approximately a 10-minute drive to the beach, with multiple golf courses also noted as nearby.
The lot is listed at 0.11 acres. A pond-view/open-water outlook from the patio is a highlighted feature, alongside the established residential duplex configuration and the overall size figures provided.
The duplex is located at 44 FORE Drive in New Smyrna Beach, Florida, within zoning described as 10PUD. The property is approximately a 10-minute drive to the beach, with multiple golf courses also noted as nearby.
The lot is listed at 0.11 acres. A pond-view/open-water outlook from the patio is a highlighted feature, alongside the established residential duplex configuration and the overall size figures provided.
Key Highlights
- 2‑bedroom, 2‑bath duplex with 1,242 sq ft heated/air living space and 2,214 sq ft total
- Back patio offers pond/open water view
- Built in 1978; frame construction with shingle roof
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.3k | $13.92 |
| − Vacancy | −$1.7k | −$1.39 |
| EGI | $15.6k | $12.53 |
| − OpEx | −$4.7k | −$3.76 |
| NOI | $10.9k | $8.77 |
1,242 SF · lease $13.92/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$155.6K
$136.2K – $181.6K
NOI $10,895 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$135.2K
$118.3K – $157.7K
NOI $9,464 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$366.2K
$320.4K – $427.3K
NOI $25,635 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Built in 1978, this 2-bedroom, 2-bath duplex features a back patio overlooking open water.
Where is this duplex located?
The property is located at 44 FORE Drive New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bath duplex with 1,242 sq ft heated/air living space and 2,214 sq ft total; Back patio offers pond/open water view; Built in 1978; frame construction with shingle roof
