Rare opportunity to own a four-unit multifamily property in New Smyrna Beach's highly desirable short-term rental district, just one block from the beach! This townhome-style investment features four spacious 2-bedroom, 2.5-bath units, each offering approximately 1,216 square feet of living space, an attached one-car garage, private fenced backyard, and in-unit laundry hookups. Zoned R-4, the property consists of four units, with two currently occupied and two vacant, providing immediate income and excellent value-add potential. Roof 2017, two HVAC systems were replaced in 2025 and 4 W/H's to be installed. Whether you're looking to expand your investment portfolio, renovate to maximize rental income, or explore the potential for condominium ownership (subject to City approvals), this property offers exceptional flexibility in one of Florida's most sought-after beach communities. Just minutes from Flagler Avenue, Canal Street, shopping, dining, parks, and the Atlantic Ocean Properties of this size in New Smyrna Beach's short-term rental district are rarely available--don't miss this exceptional investment opportunity.