712-714 OAKWOOD AVE, NEW SMYRNA BEACH, FL, 32169
$965,000
Residential
Bedrooms
4
Bathrooms
2
Living Area
1,800 Sqft
Lot Size
10,000 Sqft
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 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 NSB’s 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.
Property Details
Property Features Property Features
MLS ID: MFRNS1086656 Year Built: 1980
Accessibility Features: Accessible Approach with Ramp, Visitor Bathroom, Accessible Hallway(s), Accessible Kitchen Appliances: Dryer, Range, Refrigerator, Washer
Association Amenities: Park, Playground, Tennis Court(s), Trail(s) Association Fee Includes: None
Community Features: Park, Playground, Restaurant, Tennis Court(s), Street Lights Construction Materials: Block
Cooling: Central Air Country: US
County Or Parish: Volusia Direction Faces: South
Exterior Features: Hurricane Shutters, Private Entrance, Private Mailbox, Storage Fencing: Other, Wood
Flooring: Carpet, Tile Foundation Details: Slab
Furnished: Unfurnished Heating: Central
Laundry Features: Laundry Room Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, Trade, FHA, Private Financing Available, USDA Loan, VA Loan
Lot Features: City Limits, Level, Oversized Lot, Paved Occupant Type: Vacant
Other Equipment: Private Entrance Other Structures: Shed(s)
Patio And Porch Features: Patio Pets Allowed: Yes
Pool Features: Other Possession: Close Of Escrow, Negotiable
Property Condition: Completed Property Sub Type: Single Family Residence
Property Type: Residential Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt, Paved Roof: Metal
Security Features: Smoke Detector(s) Sewer: Public Sewer
Showing Requirements: Supra Lock Box, Lock Box Electronic, ShowingTime Spa Features: Other
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
View: Park/Greenbelt, Tennis Court Water Source: Public
Window Features: ENERGY STAR Qualified Windows, Window Treatments
Rooms Rooms
Primary Bedroom: 12x14 ft Primary Bedroom: 12x14 ft
Kitchen: 12x10 ft Kitchen: 12x10 ft
Living Room: 16x16 ft Living Room: 16x16 ft
Bedroom 2: 12x12 ft Bedroom 2: 12x12 ft
Balcony/Porch/Lanai: 16x10 ft Balcony/Porch/Lanai: 16x10 ft
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