$965,000
712-714 Oakwood Avenue New Smyrna Beach, FL 32169 - ATLANTIC OCEAN, INDIAN RIVER
For Sale MLS# NS1086656
4 beds 2 baths 1,800 sq ft Single Family
Details for 712-714 Oakwood Avenue
MLS# NS1086656
Description for 712-714 Oakwood Avenue, New Smyrna Beach, FL, 32169 - ATLANTIC OCEAN, INDIAN RIVER
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.
Listing Information
Property Type: Residential, Single Family Residence
Status: Active
Bedrooms: 4
Bathrooms: 2
Lot Size: 0.23 Acres
Square Feet: 1,800 sq ft
Year Built: 1980
Stories: 1 Story
Construction: Block
Construction Display: New Construction
Subdivision: Cooper Sub
Foundation: Slab
County: Volusia
Construction Status: New Construction
School Information
Elementary: Coronado Beach Elem
Middle: New Smyrna Beach Middl
High: New Smyrna Beach High
Room Information
Main Floor
Porch: 10x16
Primary Bedroom: 14x12
Porch: 10x16
Bedroom 2: 12x12
Bedroom 2: 12x12
Living Room: 16x16
Living Room: 16x16
Kitchen: 10x12
Kitchen: 10x12
Primary Bedroom: 14x12
Bathrooms
Full Baths: 2
Additonal Room Information
Laundry: Laundry Room
Interior Features
Appliances: Range, Refrigerator, Washer, Dryer
Flooring: Carpet,Tile
Doors/Windows: Window Treatments, ENERGY STAR Qualified Windows
Accessibility: Visitor Bathroom, Accessible Approach with Ramp, Accessible Hallway(s), Accessible Kitchen
Additional Interior Features: Split Bedrooms, Living/Dining Room, Ceiling Fan(s), Eat-In Kitchen, Main Level Primary, Open Floorplan, Kitchen/Family Room Combo
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Electricity Connected,Municipal Utilities,Sewer Connected,Water Connected
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Exterior / Lot Features
Roof: Metal
Pool: Other
Lot View: Park/Greenbelt,Tennis Court
Lot Dimensions: 100x100
Fencing: Other, Wood
Additional Exterior/Lot Features: Private Entrance, Storm/Security Shutters, Storage, Patio, Flat, Level, City Lot, Oversized Lot
Out Buildings: Shed(s)
Waterfront Details
Standard Water Body: ATLANTIC OCEAN, INDIAN RIVER
Water Front Features: Beach Access, Gulf Access, River Access
Community Features
Community Features: Park, Boat Facilities, Street Lights, Playground, River, Tennis Court(s), Restaurant, Marina, Fishing, Water Access
Security Features: Smoke Detector(s)
Association Amenities: Tennis Court(s), Playground, Park, Trail(s)
Driving Directions
SR 44 East over South Causeway. Left on Cooper St, turn right onto Oakwood to property on the left.
Financial Considerations
Terms: Cash,Conventional,FHA,Private Financing Available,Trade,USDA Loan,VA Loan
Tax/Property ID: 74-09-06-08-0220
Tax Amount: 9543
Tax Year: 2024
A broker reciprocity listing courtesy: HOME & FAMILY RE & PROP. MGMT
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 712-714 Oakwood Avenue
Sales History
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Tax Summary
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Schools
Schools nearby 712-714 Oakwood Avenue
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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