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1571 S Atlantic Ave #2120, New Smyrna Beach, FL, 32169

1beds
1baths
860sqft
$389,990
$453price/sqft
$2,982/moest. monthly cost
$119,280/yrincome needed

About This Home

Welcome to your beachfront escape in the highly sought-after Ocean Reef Villas in New Smyrna Beach! This beautifully updated 1-bedroom, 1-bath condo offers over 800 square feet of coastal living with direct beachfront access and incredible income potential. Step inside to find a thoughtfully updated kitchen, a spacious living area, and a luxurious pull-out couch—perfect for accommodating guests. The unit also features the convenience of an in-unit washer/dryer combo, making extended stays and rentals effortless. Ocean Reef Villas is one of the few buildings in New Smyrna Beach that still permits short-term rentals, making this an exceptional opportunity for investors or those seeking a vacation home that can generate income. Even better, the community offers an on-site manager who can handle bookings and day-to-day rental operations for a truly hands-off ownership experience. Enjoy resort-style amenities including a stunning beachfront pool that captures all-day sun, along with direct access to the sand and surf just steps from your door. Whether you’re looking for a personal coastal retreat or a high-performing rental property, this condo checks all the boxes. Schedule your private showing today and start living the beach life!

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
63
BikeBikeable

Schools

4/10
4/10

Construction

Condition

  • Property condition: Completed
  • Year built: 1971

Materials

  • Foundation: Block,Pillar/Post/Pier,Slab
  • Roof: Shingle
  • Construction materials: Block,Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
  • Laundry features: Inside,Laundry Closet

Balcony Porch Lanai

  • Level: First
  • Area: 357
  • Dimensions: 21x17

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s),Dry Bar,Eating Space In Kitchen,Kitchen/Family Room Combo,Open Floorplan,Solid Surface Counters,Solid Wood Cabinets,Thermostat,Walk-In Closet(s)
  • Door features: Sliding Doors
  • Window features: Blinds,Window Treatments
  • Flooring: Luxury Vinyl
  • Common walls with other units/homes: Corner Unit

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 980
  • Total interior livable area: 860 sqft

Kitchen

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 110
  • Dimensions: 10x11

Living Room

  • Level: First
  • Area: 216
  • Dimensions: 18x12

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 132
  • Dimensions: 12x11

Property

Details

  • Parcel number: 741505002120
  • Attached to another structure: Yes
  • Zoning: R6
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio,Porch,Wrap Around
  • Exterior features: Balcony,Lighting,Private Entrance,Tennis Court(s)
  • Has view: Yes
  • View description: City,Water,Beach,Gulf/Ocean - Full
  • Has water view: Yes
  • Water view: Water,Beach,Gulf/Ocean - Full
  • On waterfront: Yes
  • Waterfront features: Gulf/Ocean Front,Waterfront,Beach,Beach Access
  • Waterbody name: NEW SMYRNA BEACH CENTRAL

Lot

  • Lot size: 3.34 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tornado
Wildfire
Tsunami

FEMA Declared Disasters in Volusia County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,972$23,664
Home Insurance *$286$3,432
Property Taxes $527$6,324
Electricity $197$2,366
Total$2,982$35,784
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,240/yr
40% on housing$89,460/yr
45% on housing$79,520/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.9%
14.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$453This listing

vs Other Active Listings

Avg $/sqft

ZIP 32169$531
Volusia County$191

vs Homes Sold Last Month

Median $/sqft

ZIP 32169$486
Volusia County$198

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-22Listed for sale$394,990
2022-06-02Sold$410,000
2022-05-02Pending sale$399,999
2022-04-28Listed for sale$399,999
2020-08-27Sold$224,000
2020-08-02Pending sale$239,000
2020-08-02Contingent$239,000
2020-03-27Listed for sale$239,000

For Sale by Agent

AgentRobert Kenon, II
BrokerageHONEST EXPERTS REAL ESTATE LLC

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