0 Vlg St New Smyrna Beach, FL 32168
Exceptional investment opportunity in New Smyrna Beach, Florida. This brand-new (2024) two-building multifamily complex offers sixteen spacious two-bedroom, two-bathroom units, each featuring an open floor plan, in-unit laundry, and a private balcony. Residents enjoy elevator access, covered ground-floor parking, and a secure, fully fenced property. The development is zoned for residential multifamily and single-family use. Each unit is priced at $78,125, with a total asking price of $1,250,000. Located on Village Street, this property provides easy access to the Atlantic Ocean and Halifax River, along with nearby schools, shopping, and dining. Commuting to Orlando and Jacksonville is also convenient. This is a rare chance to acquire a modern, high-quality multifamily property in a desirable coastal location. The property is not subject to a ground lease. There are eight units per building. This is an owner/user investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.