406 S Pine Street, New Smyrna Beach, FL 32169 (MLS# 1230730)

406 S Pine Street, New Smyrna Beach, FL 32169

New Listing

$815,000

Property Type: Residential Income Bedrooms: 4 Baths: 2 Square Footage: 2,318 Lot Size (sq. ft.): 10,454 Status: Active

Current Price: $815,000 List Date: 9/13/2026 Last Modified: 9/13/2026

Overview

Description

Rarely does an investment opportunity combine location, income, land, and future potential quite like this beachside duplex! Short distance to Flagler & the beach. Roof approx. 3 years old & One side just had HVAC replaced (9/2026) Ideally positioned on an oversized corner lot with mature landscaping, this well-maintained property offers two spacious 2-bedroom, 1-bath residences, each thoughtfully designed with its own private 1-car garage and separate parking area. A shared laundry room adds convenience for both units, while the generous lot provides valuable room for future expansion or additional improvements, subject to applicable zoning and approvals. With strong cash flow already in place and long-term leases currently in effect, this property offers the ideal combination of immediate income and long-term investment potential.

Listing Details MLS# 1230730

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 2
Bedrooms Total: 4
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1455
Year Built: 1956
Lot Size Acres: 0.24
Lot Size Dimensions: 104 x 791
Association YN: No
CDD Fee YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: Yes
Stories: Yes
Senior Community YN: No
Directions: E on SR 44 to Peninsula Ave. Left on Peninsula, right on 2nd. and left on Pine. Corner of Oakwood & Pine
Public Remarks: Rarely does an investment opportunity combine location, income, land, and future potential quite like this beachside duplex! Short distance to Flagler & the beach. Roof approx. 3 years old & One side just had HVAC replaced (9/2026) Ideally positioned on an oversized corner lot with mature landscaping, this well-maintained property offers two spacious 2-bedroom, 1-bath residences, each thoughtfully designed with its own private 1-car garage and separate parking area. A shared laundry room adds convenience for both units, while the generous lot provides valuable room for future expansion or additional improvements, subject to applicable zoning and approvals. With strong cash flow already in place and long-term leases currently in effect, this property offers the ideal combination of immediate income and long-term investment potential.
List Price/SqFt: 560.14

Property Features

Appliances: Electric Oven Construction Materials: Block; Concrete Cooling: Central Air; Electric; Individual; Separate Meters Current Use: Multi-Family Heating: Central; Electric; Individual; Separate Meters Listing Terms: Cash; Conventional; FHA Lock Box Type: See Remarks Lot Features: Corner Lot Owner Pays: None Parking Features: Garage Possession: Close Of Escrow; Subject To Tenant Rights Road Frontage Type: City Street Road Surface Type: Paved Roof: Shingle Utilities: Electricity Available; Electricity Connected; Natural Gas Not Available; Separate Electric Meters; Separate Water Meters; Water Connected

Contract Information

Listing Contract Date: 2026-09-12
Property Sub Type: Duplex
Seller Concessions Offered Y/N: No

Location Tax and Legal

Street Number: 406
Street Direction Prefix: S
Street Name: Pine
Street Suffix: Street
County: Volusia
State: FL
Postal Code: 32169
Subdivision Name: Cooper
MLS Area Major: 70 - New Smyrna Beach E of 95

Status Change Information

Major Change Timestamp: 2026-09-13T14:15:11Z
Major Change Type: New Listing

Unit 1 Details

Unit ID: A
Actual Rent: 1800
Unit SqFt: 779
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Has porch off the unit

More Information

Unit 2 Details

Unit ID: B
Actual Rent: 1300
Unit SqFt: 676
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: New HVAC installed 9/2026

Location, Tax, and Legal

Country: US
Parcel Number: 7409-05-02-0220
Tax Annual Amount: 7311.96
Tax Year: 2025
Zoning Description: Multi Family
Tax Legal Description: 9 17 34 LOT 22 BLK 2 LEWIS SUB & INC LOT G EXC PART IN ST COOPER SUB MB 4 PG 114 MB 5 PG 165 PER OR 4499 PG 0602 PER OR 6470 PG 4751 PER OR 6588 PG 1743 PER OR 6689 PG 0139 PER OR 6688 PGS 1422-1424 INC PER OR 6950 PGS 1843-1844

Currently Not Used

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Half: 0
Bathrooms Total: 2
Living Area Source: Assessor
Building Area Total: 2318
Year Built: 1956
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Parking Total: 4

Lock Box Type

See Remarks: Yes

Appliances

Electric Oven: Yes

Construction Materials

Block: Yes
Concrete: Yes

Cooling

Central Air: Yes
Electric: Yes
Individual: Yes
Separate Meters: Yes

Current Use

Multi-Family: Yes

Heating

Central: Yes
Electric: Yes
Individual: Yes
Separate Meters: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes

Lot Features

Corner Lot: Yes

Owner Pays

None: Yes

Parking Features

Garage: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Paved: Yes

Roof

Shingle: Yes

Utilities

Electricity Available: Yes
Electricity Connected: Yes
Natural Gas Not Available: Yes
Separate Electric Meters: Yes
Separate Water Meters: Yes
Water Connected: Yes

Listing Office: Collado Real Estate

Last Updated: September - 13 - 2026

Information deemed reliable but not guaranteed.

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