Property
ActiveResidential
1/28
$265,900

486 OAK STREET

New Smyrna Beach, FL 32168
4
Beds
3
Baths
1,422
SqFt
0.24
Acres
STELLAR
#NS1088407
Updated: Jun 5, 2026, 9:23am

Property Description

*Investor Alert* or those seeking an Extra Income Producing Property! Lots of Possibilities! Flexible Ownership Usage; This Corner Lot, Two Unit Single Family Rental Property could also be Single Family Owners seeking extra Income or needing an additional separate In-Law Suite Efficiency Apartment complete with 2nd Kitchen, Full Bathroom and Walk-in Closet or a larger or extended family just needing more space and options! Located in New Smyrna Beach Florida just a short 10–15-minute drive to the Drive-On Beach, or a 5-minute drive to the Intracoastal for fishing, boating, parks, dining, shopping and all that this Coastal Community has available! A short, less than ten-minute drive to Route 95 for longer distance travel. Strong Cash Flow and Return On Investment for Investors (currently $3,375 / Month total gross) or new Home Owner can choose to offset their expenses by up to $1,325 / Mo. by renting out the Efficiency Apartment or by $2,050 / Month by renting out the Main Home and living in the Efficiency Studio Apartment. The Main Home features Two Bedrooms, both with walk-in closets, one Bathroom, Kitchen, Dining Area, Living Room and Bonus Room which could act as a third Bedroom (but no closet) or Office or Den or Sitting Room. Nice Hardwood Floors throughout the Living and Bedrooms while the Kitchen and dining and adjacent room receive Porcelain Tiles for easy cleanup and maintenance. The studio Efficiency Apartment features two Separate Entrances, a flexible Living/Sleeping Space with Ceiling Fan and Walk-in Closet, a separate Full Kitchen and Dining Area and a Full Bathroom with Shower (and a second natural Gas Water Heater). The Main Home and Efficiency Apartment both have Two Separate Entrances as well as Separate Off-Street Parking Areas. The corner Lot yard has some mature trees and Landscaping to accent its surroundings and spacious feel. The home has been well maintained and recently painted inside and out. Now is your chance to Own an Income Producing slice of sunshine in this wonderful community by the water.
Note: Listing Agent has an interest in the property. Please verify all Details and Dimensions.
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Included Appliances
DishwasherExhaust FanMicrowaveRangeRefrigerator

Property Details

Interior
Additional Rooms
Interior In-Law Suite w/Private Entry
Appliances
DishwasherExhaust FanMicrowaveRangeRefrigerator
Building Area Total
1442
Cooling
Central Air
Flooring
CarpetHardwood
Furnished
Unfurnished
Heating
Central
Interior Features
Ceiling Fan(s)Eating Space In Kitchen
Laundry Features
Laundry Closet
Living Area
1422
Security Features
Smoke Detector(s)
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Common Walls
Corner Unit
Construction Materials
Wood Frame
Foundation Details
Block
Geolocation
NSB Mainland:N of 44 E 95
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Year Built
1953
Site & Exterior
Flood Zone Code
X500
I D X Participation
Yes
Lot Size Acres
0.24
Lot Size Area
10625
Lot Size Square Feet
10625
Lot Size Units
Square Feet
Public Survey Range
34
Public Survey Section
18
Road Surface Type
Gravel
Sewer
Septic Tank
Total Acreage
0 to less than 1/4
Utilities
Cable AvailableWater Connected
Water Source
Public
Zoning
01R-4
Financials
Calculated List Price By Calculated Sq Ft
186.99
Contract Status Change Date
2026-06-04
Current Price
265900
Existing Lease Type
Gross
Feed Types
BBO
Lease Considered
Yes
Lease Term
12 Months
Minimum Lease
1 Month
Owner Name
CHIP DOHERTY
Owner Phone
386-416-9376
Ownership
Fee Simple
Parcel Number
741808010080
Public Survey Township
17
Tax Annual Amount
2381
Tax Block
Yes
Tax Book Number
4-115
Tax Legal Description
LOT 8 BLK 1 INWOOD NEW SMYRNA MB 4 PG 115 PER OR 5826 PGS 4411-4412 PER OR 5881 PGS 3022-3025 PER OR 6323 PG 0358 PER OR 6335 PG 1316 PER OR 6814 PG 3498
Tax Lot
8
Tax Year
2024
Total Actual Rent
3375

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
Please verify
M L S Area Major
32168 - New Smyrna Beach
S W Subdiv Community Name
Not Applicable
Subdivision Name
INWOOD SUB NEW SMYRNA BEACH
Schools
Ratings
Elementary
Chisholm Elem
Middle
New Smyrna Beach Middl
High
New Smyrna Beach High
Listing provided courtesy of STELLAR via IDX. Updated: Jun 5, 2026, 9:23am.
Chip Doherty

Listing Agent

GRACE REALTY, INC.

Call Agent