Duplex Villa with Pond
44 FORE Drive New Smyrna Beach, FL 32168
For Sale
$310,000
MULTI_FAMILY - NEW SMYRNA BEACH, FL
Property Size1,242 SF
Lot Size0.11 Acres
Price / SF$249.60
Days on Market389
Property Features for 44 FORE Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- 10PUD
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 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, Tile, Vinyl
- Building materials
- Frame
- Roof type
- Shingle
Listing Agency:
WHITE WHALE REAL ESTATE
(388) 689-5171
Listed By:
Chris Schwarz
(386) 689-5171
Added: Jul 3, 2025
Changed: Jul 24
Last Checked: Jul 26 at 3:06PM
MLS# NS1085383
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.
44 FORE Drive is a villa-style duplex property located within the Hidden Lakes Golf Community in New Smyrna Beach, Florida. The home includes pond views, a two-car garage, and convenient access to the community pool.
Set on 0.11 acres, the property has an approximate size of 1,242 square feet. Per the listing, it is minutes from the beach, historic Canal Street, restaurants, and three nearby golf courses, supporting everyday convenience for both residents and tenants.
Zoning is listed as 10PUD. This configuration offers a straightforward, low-maintenance duplex setting inside an established golf community.
Set on 0.11 acres, the property has an approximate size of 1,242 square feet. Per the listing, it is minutes from the beach, historic Canal Street, restaurants, and three nearby golf courses, supporting everyday convenience for both residents and tenants.
Zoning is listed as 10PUD. This configuration offers a straightforward, low-maintenance duplex setting inside an established golf community.
Key Highlights
- 2‑car garage and courtyard exterior
- Central air conditioning with electric heating
- Public water and public sewer
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 3.51%
Second Best
Apartment 5plus
$135.2K
$118.3K – $157.7K
NOI $9,464 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$366.2K
$320.4K – $427.3K
NOI $25,635 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Villa-style duplex with pond views, a two-car garage, and access to a community pool within Hidden Lakes.
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 $310,000.
What are key features of this property?
This property features: 2‑car garage and courtyard exterior; Central air conditioning with electric heating; Public water and public sewer
