Property Description

25 Steps to the Sand! This is as close to the beach as it gets in New Smyrna Beach. Unit 7 is a ground-floor, oceanfront condo, literally 25 steps from the sand. Located in the highly sought-after Holiday Cove North community in North Beach, this fully furnished 2-bedroom, 1.5-bathroom condo delivers both an exceptional lifestyle and proven investment performance. What truly sets this property apart is its income potential. This unit averages a 71.5% annual booking rate, based on the last four years, generating over $110,000 during that same period. Holiday Cove North also features an on-site rental management company with one of the lowest fees in New Smyrna Beach - just 10% - creating an efficient, turnkey investment opportunity. The community recently completed its 2025 Fenestration Project, with a fully paid $24,000 per-unit assessment, contributing to a total property investment exceeding $1.1 million, further enhancing value and peace of mind. In addition, the current owner paid over $70,000 in assessments for the recently completed cement restoration project, which included two new hurricane-strength sliding glass doors, a new kitchen window, a new front door, and added decking on the back patio, significant upgrades that add both durability and value. Step outside to direct beach access or unwind at one of two community pools (including one heated). Ideally located within blocks of Flagler Avenue's dining, shopping, and entertainment, this condo offers the best of coastal living. This is a rare opportunity to own one of the closest, and strongest-performing, beachfront rentals in New Smyrna Beach. Easy to see; opportunities like this are few and far between. Schedule your showing today.

Property Features