CashFlowRE
Sign in Sign up
577 N Atlantic Ave #7
D Composite 40.69
Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +15.0/15.0
  • Cash flow +6.0/30.0
  • Schools +5.3/10.0
  • Rent growth +3.8/5.0
  • Condition / age +3.8/5.0
  • Livability +3.5/5.0
  • 1% rule +3.1/10.0
  • DSCR +0.3/10.0
  • Appreciation +0.0/10.0

$449,000

577 N Atlantic Ave #7 · New Smyrna Beach, FL 32169
2 bd · 1.5 ba · 1,063 sqft · Condo · 42 Days on market
Built 1966 Good condition $422/sqft · 36% below area Est $705k · 36% under $650/mo HOA · 18% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Steps to Flagler Ave. is this Rare opportunity for this bottom floor Oceanfront condo complex unit just steps from the beach. This unit has 2 bedrooms, with 1.5 bathrooms and can easily be converted to 2 full baths if you desire. Washer and dryer in unit hook ups, large pets are allowed! Large Living area, eat-in kitchen with newer corian counters and cabinets, crown molding through out, upgraded tile and carpet though out. Recently added Sound insulated ceilings (NO Popcorn) , R-19 insulation, 1st floor unit with private courtyard and ocean peak-a-boo views from the patio and Master Bedroom. Onsite Rental Management available for the savvy investors, great rental history and extremely well maintained with reserved parking and 2 pools, . All information contained with in, is intended to be accurate but not guaranteed.

Key facts

  • $650 HOA
  • Community pool
  • Built 1966

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.5-bath condo listed at $449k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-865 ($-10k/yr) — negative.
  • To cash-flow at today's rent, offer at most $324k (27.9% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $366k (18.6% below list).
  • Recommended offer: $324k (27.9% below list) — sets the bar for cash-flow.
  • Cap rate 4.0% vs local median 2.8% in New Smyrna Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 69/100 on livability (#474 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, employment B; Watch: amenities F, commute F, health & safety D-.
  • Volusia (suburban): math 44% / reading 49% proficiency, ranked #47 of 73 in FL (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Coronado Beach Elementary School (math 67% / reading 77%, grade A-, #288 of 2,144 statewide, top 15%, 223 students, 36% FRL); New Smyrna Beach Middle School (math 43% / reading 43%, grade D-, #331 of 571 statewide, top 59%, 1,037 students, 53% FRL); New Smyrna Beach High School (math 34% / reading 52%, grade F, #255 of 667 statewide, top 39%, 1,810 students, 41% FRL).
  • Market conditions: Rents rising fast (+5.2%/yr); 641 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals lingering (median 117d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 80% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
  • This rent runs 40% of the median local income ($111k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k of value loss. Plan a longer hold.
  • Volusia County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 42 days — a 3% lower offer ($436k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 14y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $180k; list at $449k implies a 149% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $323,776 (27.9% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
  3. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
0.81% ✗
Cap rate
3.98%
Cash-on-cash
-8.26%
DSCR
0.63
GRM
10.2

CMA / ARV

ARV (median comp)
$705,000
List price
$449,000
Delta
-36.31%
Verdict
UNDERPRICED
Comps
5 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
314 Due East St 0.09mi 3/2.0 (+1) 1,008 (-5%) 1mo $535,000 $531 79
301 N Pine St 0.20mi 3/2.0 (+1) 1,180 (+11%) 2mo $980,000 $831 64
460 Bouchelle Dr #201 1.14mi 2/2.0 1,068 (+0%) 1mo $510,000 $478 61
462 Bouchelle Dr #305 1.17mi 2/2.0 1,068 (+0%) 1mo $585,000 $548 61
462 Bouchelle Dr #104 1.17mi 2/2.0 1,058 (-0%) 2mo $350,000 $331 61
702 Ocean Ave 0.50mi 2/1.0 1,173 (+10%) 1mo $635,000 $541 57
468 Bouchelle Dr #128 1.20mi 2/2.0 1,020 (-4%) 2mo $295,000 $289 55
325 N Causeway Unit D103 0.93mi 2/2.0 958 (-10%) 1mo $270,000 $282 45
501 N Causeway #7070 0.66mi 2/2.0 1,259 (+18%) 1mo $770,000 $612 41
503 N Causeway #2020 0.68mi 2/2.0 1,259 (+18%) 1mo $705,000 $560 40
501 N Causeway Cswy #707 0.69mi 2/2.0 1,259 (+18%) 1mo $770,000 $612 40
541 S Peninsula Ave Unit B06 0.81mi 2/1.0 840 (-21%) 1mo $280,000 $333 37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.17% rent growth · sell at horizon

5-year hold
IRR
-27.7%
Equity multiple
0.05×
Total profit
$-119,267
Equity at exit
$66,947
10-year hold
IRR
-18.1%
Equity multiple
-0.10×
Total profit
$-138,006
Equity at exit
$38,821

Cash invested: $125,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.
Methodology + full state rankings →

Active competition Active MLS

For sale now
1 active · 1 under contract
Median asking
$649,000 ($649/sqft)
Median days on market
34 d
This list price
lowest-priced of the active set
ARV vs active asking
+2.2% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 32169

Rents YoY
5.2%
Active inventory
641
Price-to-rent
10.2×

Monthly cashflow live

Estimated rent
$3,655 high interval (Pro) →
Mortgage (P&I)
−$2,355
Tax est. 1.5%
−$561 /mo · $6,735/yr
Insurance
−$187
HOA
−$650
Vacancy / Maint / Mgmt
−$768
Net cashflow
$-865

Break-even live

Break-even rent $4,751
Max offer price $323,776
Occupancy floor —

Sensitivity live

Price -10% $-555 -5% $-710 +0% $-865 +5% $-1,021 +10% $-1,176
Rent -10% $-1,154 -5% $-1,010 +0% $-865 +5% $-721 +10% $-577
Rate -1.0pp $-639 -0.5pp $-751 base $-865 +0.5pp $-982 +1.0pp $-1,100

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$112,250
Closing costs
$13,470
Reserves months
—
Total cash needed
—

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Short-term bridge; refi at stabilization.

Rent comps 35 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
601 N Atlantic Ave #4080 New Smyrna Beach, FL 2.0 2.0 1160 $4,700 $4.05 88d 1 0.02mi
601 N Atlantic Ave New Smyrna Beach, FL 2.0 2.0 1160 $6,000 $5.17 119d 1 0.02mi
409 Esther St New Smyrna Beach, FL 2.0 1.0 966 $2,900 $3.00 6d 1 0.15mi
811 N Atlantic Ave New Smyrna Beach, FL 3.0 2.0 1100 $8,500 $7.73 119d 1 0.17mi
105 Asire Ct New Smyrna Beach, FL 2.0 1.0 768 $2,500 $3.26 6d 1 0.39mi
411 S Pine St New Smyrna Beach, FL 2.0 1.5 1100 $3,800 $3.45 110d 1 0.43mi
421 S Atlantic Ave #806 New Smyrna Beach, FL 2.0 2.0 890 $7,000 $7.87 119d 1 0.43mi
401 Oakwood Ave Unit A New Smyrna Beach, FL 2.0 1.0 1178 $2,400 $2.04 119d 1 0.45mi
800 Ocean Ave New Smyrna Beach, FL 2.0 1.0 900 $2,495 $2.77 110d 1 0.51mi
820 Maralyn Ave New Smyrna Beach, FL 2.0 2.0 1200 $2,600 $2.17 114d 1 0.65mi
823 S Cooper St New Smyrna Beach, FL 2.0 2.0 1198 $2,700 $2.25 6d 1 0.73mi
632 Goodwin Ave New Smyrna Beach, FL 3.0 2.0 1450 $5,500 $3.79 119d 1 0.77mi
444 Bouchelle Dr New Smyrna Beach, FL 2.0 2.0 1068 $2,700 $2.53 6d 1 0.90mi
444 Bouchelle Dr #201 New Smyrna Beach, FL 2.0 2.0 1068 $2,800 $2.62 119d 1 0.90mi
446 Bouchelle Dr #203 New Smyrna Beach, FL 2.0 2.0 1100 $3,200 $2.91 119d 1 0.93mi
325 N Causeway New Smyrna Beach, FL 2.0 2.0 1141 $3,075 $2.70 0d 2 0.94mi
325 N Causeway New Smyrna Beach, FL 2.0 2.0 1189 $3,025 $2.54 62d 3 0.94mi
448 Bouchelle Dr New Smyrna Beach, FL 2.0 2.0 1068 $4,200 $3.93 119d 1 0.96mi
315 N Causeway New Smyrna Beach, FL 2.0 2.0 1073 $2,300 $2.14 119d 2 0.99mi
315 North Cswy Unit C-304 New Smyrna Beach, FL 2.0 2.0 1134 $2,500 $2.20 117d 1 1.01mi
454 Bouchelle Dr #202 New Smyrna Beach, FL 2.0 2.0 1053 $2,800 $2.66 62d 1 1.06mi
1571 S Atlantic Ave Unit 410 New Smyrna Beach, FL 2.0 2.0 1240 $6,600 $5.32 3d 1 1.12mi
458 Bouchelle Dr #101 New Smyrna Beach, FL 2.0 2.0 1068 $3,600 $3.37 119d 1 1.12mi
1571 S Atlantic Ave New Smyrna Beach, FL 1.0–2.0 1.0–2.0 1050 $6,600 $6.29 6d 2 1.12mi
1571 S Atlantic Ave New Smyrna Beach, FL 1.0–3.0 1.0–2.0 1050 $4,825 $4.60 62d 15 1.12mi
462 Bouchelle Dr #201 New Smyrna Beach, FL 2.0 2.0 1138 $2,600 $2.28 107d 1 1.19mi
1808 N Peninsula Ave New Smyrna Beach, FL 2.0 2.0 1169 $3,600 $3.08 119d 1 1.21mi
468 Bouchelle Dr New Smyrna Beach, FL 2.0 2.0 1072 $2,400 $2.24 119d 1 1.21mi
466 Bouchelle Dr #305 New Smyrna Beach, FL 2.0 2.0 1344 $3,200 $2.38 119d 1 1.25mi
313 Surf St New Smyrna Beach, FL 3.0 2.0 1240 $3,000 $2.42 62d 1 1.27mi
1913 Hill St Unit 1 New Smyrna Beach, FL 2.0 2.0 1200 $4,500 $3.75 119d 1 1.41mi
814 E 10th Ave New Smyrna Beach, FL 2.0 1.0 970 $2,600 $2.68 119d 1 1.41mi
906 11th Ave New Smyrna Beach, FL 2.0 2.0 1000 $3,500 $3.50 119d 1 1.46mi
163 Breezeway Ct New Smyrna Beach, FL 2.0 2.0 1400 $2,750 $1.96 62d 1 1.47mi
159 Breezeway Ct #159 New Smyrna Beach, FL 2.0 2.0 967 $2,900 $3.00 119d 1 1.48mi

Property features AI

Finance

Other
Unit is furnished
Financial info
Total monthly fees $650; total annual fees $7,800Lease restrictions apply
HOA & community
HOA required; monthly condo fee $650Association amenities include poolAssociation fees include cable TV, internet, grounds maintenance, pest control, sewer, trash, and waterCommunity allows golf cartsPets allowed (cats and dogs), max pet weight 50 lbs

Exterior

Parking
Assigned parkingGuest parking
Utilities
Public waterPublic sewerElectricity connected
Home design
CondominiumResidential propertyTwo-story building; unit on floor 1Faces southeast
Construction
Block constructionBuilt-up roofSlab foundationBuilt in 577 building number
Exterior features
Covered patioPatioIn-ground poolOn waterfront (Gulf/Ocean) with beach accessBeach and Gulf/Ocean accessOther exterior features

Interior

Kitchen
DishwasherRangeMicrowaveRefrigerator
Bedrooms
2 bedrooms
Flooring
TileSlab foundation
Bathrooms
1 full bath1 half bath
Heating & cooling
Central heatingCentral air conditioning
Interior features
Ceiling fansEat-in kitchenKitchen open to family roomOpen floor planWindow treatmentsSliding doors
Laundry & utility
WasherDryerLaundry inside

HOA detail $650/mo · $7,800/yr condo

Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 30 events

  1. 2026-06-18
    days on market $449,000 Active 42 DOM
  2. 2026-06-17
    days on market $449,000 Active 41 DOM
  3. 2026-06-16
    days on market $449,000 Active 40 DOM
  4. 2026-06-15
    days on market $449,000 Active 39 DOM
  5. 2026-06-14
    days on market $449,000 Active 37 DOM
  6. 2026-06-10
    days on market $449,000 Active 34 DOM
  7. 2026-06-09
    days on market $449,000 Active 33 DOM
  8. 2026-06-08
    days on market $449,000 Active 32 DOM
  9. 2026-06-07
    days on market $449,000 Active 31 DOM
  10. 2026-06-05
    days on market $449,000 Active 28 DOM
  11. 2026-06-03
    days on market $449,000 Active 27 DOM
  12. 2026-06-03
    days on market $449,000 Active 26 DOM
  13. 2026-06-01
    days on market $449,000 Active 25 DOM
  14. 2026-05-31
    days on market $449,000 Active 24 DOM
  15. 2026-05-31
    days on market $449,000 Active 23 DOM
  16. 2026-05-07
    listed $449,000 Active 1724-char remark
  17. 2014-09-26
    soldstatus $180,000 831-char remark
    Show marketing remark (873 chars)

    Steps to Flagler Ave. is this Rare opportunity for this bottom floor Oceanfront condo complex unit just steps from the beach. This unit has 2 bedrooms, with 1.5 bathrooms and can easily be converted to 2 full baths if you desire. Washer and dryer in unit hook ups, large pets are allowed! Large Living area, eat-in kitchen with newer corian counters and cabinets, crown molding through out, upgraded tile and carpet though out. Recently added Sound insulated ceilings (NO Popcorn) , R-19 insulation, 1st floor unit with private courtyard and ocean peak-a-boo views from the patio and Master Bedroom. Onsite Rental Management available for the savvy investors, great rental history and extremely well maintained with reserved parking and 2 pools, . All information contained with in, is intended to be accurate but not guaranteed. ;LocationDescription: Condo ; Water: City

  18. 2014-09-26
    soldstatus $180,000
    Show marketing remark (873 chars)

    Steps to Flagler Ave. is this Rare opportunity for this bottom floor Oceanfront condo complex unit just steps from the beach. This unit has 2 bedrooms, with 1.5 bathrooms and can easily be converted to 2 full baths if you desire. Washer and dryer in unit hook ups, large pets are allowed! Large Living area, eat-in kitchen with newer corian counters and cabinets, crown molding through out, upgraded tile and carpet though out. Recently added Sound insulated ceilings (NO Popcorn) , R-19 insulation, 1st floor unit with private courtyard and ocean peak-a-boo views from the patio and Master Bedroom. Onsite Rental Management available for the savvy investors, great rental history and extremely well maintained with reserved parking and 2 pools, . All information contained with in, is intended to be accurate but not guaranteed. ;LocationDescription: Condo ; Water: City

  19. 2014-09-12
    soldstatus $180,000
  20. 2014-07-25
    listed $184,900
    Show marketing remark (873 chars)

    Steps to Flagler Ave. is this Rare opportunity for this bottom floor Oceanfront condo complex unit just steps from the beach. This unit has 2 bedrooms, with 1.5 bathrooms and can easily be converted to 2 full baths if you desire. Washer and dryer in unit hook ups, large pets are allowed! Large Living area, eat-in kitchen with newer corian counters and cabinets, crown molding through out, upgraded tile and carpet though out. Recently added Sound insulated ceilings (NO Popcorn) , R-19 insulation, 1st floor unit with private courtyard and ocean peak-a-boo views from the patio and Master Bedroom. Onsite Rental Management available for the savvy investors, great rental history and extremely well maintained with reserved parking and 2 pools, . All information contained with in, is intended to be accurate but not guaranteed. ;LocationDescription: Condo ; Water: City

  21. 2014-07-25
    listed $184,900 831-char remark
    Show marketing remark (873 chars)

    Steps to Flagler Ave. is this Rare opportunity for this bottom floor Oceanfront condo complex unit just steps from the beach. This unit has 2 bedrooms, with 1.5 bathrooms and can easily be converted to 2 full baths if you desire. Washer and dryer in unit hook ups, large pets are allowed! Large Living area, eat-in kitchen with newer corian counters and cabinets, crown molding through out, upgraded tile and carpet though out. Recently added Sound insulated ceilings (NO Popcorn) , R-19 insulation, 1st floor unit with private courtyard and ocean peak-a-boo views from the patio and Master Bedroom. Onsite Rental Management available for the savvy investors, great rental history and extremely well maintained with reserved parking and 2 pools, . All information contained with in, is intended to be accurate but not guaranteed. ;LocationDescription: Condo ; Water: City

  22. 2014-07-25
    listed $184,900
    Show marketing remark (873 chars)

    Steps to Flagler Ave. is this Rare opportunity for this bottom floor Oceanfront condo complex unit just steps from the beach. This unit has 2 bedrooms, with 1.5 bathrooms and can easily be converted to 2 full baths if you desire. Washer and dryer in unit hook ups, large pets are allowed! Large Living area, eat-in kitchen with newer corian counters and cabinets, crown molding through out, upgraded tile and carpet though out. Recently added Sound insulated ceilings (NO Popcorn) , R-19 insulation, 1st floor unit with private courtyard and ocean peak-a-boo views from the patio and Master Bedroom. Onsite Rental Management available for the savvy investors, great rental history and extremely well maintained with reserved parking and 2 pools, . All information contained with in, is intended to be accurate but not guaranteed. ;LocationDescription: Condo ; Water: City

  23. 2014-05-30
    historical
  24. 2014-05-30
    historical
  25. 2014-02-17
    listed
  26. 2014-02-17
    listed $189,900
  27. 2013-08-31
    historical
  28. 2013-08-31
    historical
  29. 2012-09-08
    listed $224,000
  30. 2012-09-08
    listed

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 21% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$43,861
− Mortgage interest
−$25,151
− Property taxes
−$6,735
− Insurance
−$2,245
− Repairs & maintenance
−$3,509
− Management
−$3,509
− HOA
−$7,800
− Depreciation
−$13,062
Taxable loss
−$18,149
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$4,356
After-tax cash flow
$-6,029/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $5,315–$15,945 screening

This oceanfront condo is in good condition with minimal repairs needed. It offers a great location and direct beach access, making it a strong investment opportunity.

Value-add opportunities

  • Both Paint exterior trim — Enhances curb appeal and value ↑
  • Both Clean gutters — Improves drainage and property value ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 53/100

Zoned Schools

Elementary Coronado Beach Elementary School A- FL #288/2,144 Nat'l #2,792/41,679 Middle New Smyrna Beach Middle School D- FL #331/571 Nat'l #5,160/14,009 High New Smyrna Beach High School F FL #255/667 Nat'l #7,439/17,239

Schools (NCES district)

District
Volusia
NCES district ID
1201920
Math proficiency
44% ▼ -9.00%
Reading proficiency
49% ▼ -3.00%
Median HH income
$42,946
Composite
39.2/100
National rank
#4019
State rank
#47 of 73 in FL
C Composite livability gradescore 69/100

Livability — New Smyrna Beach

Score
69/100
State rank
#474
US rank
#8577

Category grades

Amenities F Commute F Cost of living C+ Crime A+ Employment B Housing A+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
New Smyrna Beach, FL
County
Volusia County · 572,749 people
City population
42,039
Metro
Deltona-Daytona Beach-Ormond Beach, FL
Population (ZIP)
10,192
Household income
$110,968
Rent vs Own
11.8% rent · 88.2% own
Severe rent burden
15% of renters

Population outlook (Volusia County) Hauer SSP2

Today (2025)
572,749 people
By 2030
598,695 · +4.5%
By 2040
644,880 · +12.6%
By 2050
681,451 · +19.0%
By 2075
759,957 · +32.7%
By 2100
778,902 · +36.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (91%)
Race & ethnicity
White 91% Two or more races 5% Hispanic / Latino 5% Asian 1%
Hispanic origin (detail)
Common ancestry
Romanian 4% Lithuanian 4% Italian 3%
Foreign-born
7% · Canada, South Korea
Languages at home
96% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Volusia

2024 margin
Strong R (+21.8) · D 38.7% · R 60.5%
2008→2024 swing
-27.4pp toward R · 2008: 5.7pp · 2024: -21.8pp
All cycles
2024: R+21.8 2020: R+14.1 2016: R+13.1 2012: R+1.2 2008: D+5.7

Not yet ingested

Civics
—

Price history

+100.4% since first listed
15 events — show timeline
  • 2026-05-07 Listed $449,000 Stellar MLS as Distributed by MLS Grid
  • 2014-09-26 Sold (MLS) $180,000 Stellar MLS as Distributed by MLS Grid
  • 2014-09-26 Sold (MLS) $180,000 NSBMLS
  • 2014-09-12 Sold (MLS) $180,000 Daytona MLS
  • 2014-07-25 Listed $184,900 Stellar MLS as Distributed by MLS Grid
  • 2014-07-25 Listed $184,900 NSBMLS
  • 2014-07-25 Listed $184,900 Daytona MLS
  • 2014-05-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
  • 2014-05-30 Delisted — NSBMLS
  • 2014-02-17 Listed $189,900 Stellar MLS as Distributed by MLS Grid
  • 2014-02-17 Listed — NSBMLS
  • 2013-08-31 Delisted — NSBMLS
  • 2013-08-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
  • 2012-09-08 Listed — NSBMLS
  • 2012-09-08 Listed $224,000 Stellar MLS as Distributed by MLS Grid

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…