Single Family Residence at 486 OAK ST, NEW SMYRNA BEACH
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37 photos

$276,000

486 OAK ST
NEW SMYRNA BEACH, FL 32168
Listed by Chip Doherty
Bedrooms
3
Bathrooms
2
Living area
1,422 sqft
Year built
1953

About this home

*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 (previously $3,375 / Month total gross) or new Home Owner can choose to offset their expenses with the CURRENTLY RENTED Efficiency Studio Apartment at $1,250 / Mo. or add in $2,050 / Month by renting out the Main Home in addition to 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.

Property details

MLS #
MFRNS1086855
Property type
Single Family Residence
Subdivision
INWOOD SUB NEW SMYRNA BEACH
Status
Active
Days on market
237
On market date
December 20, 2025
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.24 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
CHISHOLM ELEMENTARY SCHOOL
0.43 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
459
Student:teacher ratio
12.4:1
District
VOLUSIA
Middle
NEW SMYRNA BEACH MIDDLE SCHOOL
1.71 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,065
Student:teacher ratio
17.8:1
District
VOLUSIA
High
NEW SMYRNA BEACH HIGH SCHOOL
1.63 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,887
Student:teacher ratio
22.2:1
District
VOLUSIA

Walkability

Blended score for NEW SMYRNA BEACH's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

73
Walkable
out of 100
EPA National Walkability Index
11.7 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores3
Parks4
Schools10
Transit stops4
Pharmacies4

Market position

How this listing compares to current activity in NEW SMYRNA BEACH, from live MLS data.

On the market 237 days -- 71 more days than NEW SMYRNA BEACH's current average of 166 days.
For reference, the median list price across 907 active listings in NEW SMYRNA BEACH right now is $445,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,812/mo
$55,200 down
$220,800 loan
Principal & interest$1,432
Property tax (est.)$230
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 21 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.