507 PENINSULA AVENUE
NEW SMYRNA BEACH, FL 32169
Location
About this home
Great opportunity in the heart of New Smyrna Beach...NORTH BEACH. Experience beachside living at it's best with this thoughtfully updated and meticulously maintained residence, perfectly situated just steps from Flagler Avenue, the pristine white powered sand beach, and the tranquil Indian River. This 3 bedrooms / 2 bathrooms SPLIT-PLAN home with a GARAGE blends comfort, style, and convenience. Located on high ground and outside of any flood zone, this home requires no flood insurance, offering true peace of mind for second homeowners and full-time residents alike. From the moment you arrive, the circular pavered driveway, lush mature landscaping, and durable metal roof create an inviting first impression. Inside, the open-concept kitchen flows into a cozy dining nook and formal dining area great for entertaining. Highlights include rich wood flooring, recessed lighting, knockdown ceilings, motorized blinds, and hurricane-impact windows and doors throughout. Step outside to a fully fenced backyard with side gate access perfect for storing a boat, golf cart, or beach toys. An outdoor shower adds convenience after a day on the sand, while the covered front lanai and low-maintenance yard provide the perfect area to unwind. No HOA restrictions mean you can enjoy the coastal lifestyle on your own terms. Whether it’s morning walks to the beach, casting a line from the neighborhood dock, or relaxing on the lanai after a sunset stroll down Flagler Avenue, this home is an ideal blend of style, comfort, and lock-and-leave ease. Perfect as a second home, vacation rental, or full-time beach getaway—schedule your private tour today!
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,425 sqft
- Heating
- Central, Electric
- Cooling
- Central Air
- Flooring
- Ceramic Tile
- Stories
- 1
- Features
- Ceiling Fans(s), Split Bedroom
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range…
Exterior & lot
- Lot size
- 6,000 sqft (0.14 ac)
- Roof
- Metal
- Construction
- Block
- Exterior
- Outdoor Shower, Sidewalk
Parking
- Garage
- 1 space
Financial
- Annual tax
- $8,707 (2024)
- Price / sqft
- $596/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Available, Public, Sewer Connected…
Property
- Property type
- Single Family
- Year built
- 1962
- Subdivision
- DRIGGERS
- County
- Volusia
Assigned schools
- Elementary
- Coronado Beach Elem
- Middle
- New Smyrna Beach Middl
- High
- New Smyrna Beach High
Listing
- Status
- Pending
- Days on market
- 494 days
- MLS #
- MFR759467080
- Source
- Stellar MLS
Listed by Anna Lohr · URBANISTA BROKERS
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $4,298/mo
- Property tax
- $726/mo
- Home insurance
- Left out until you enter a quote
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own 2024 bill. Insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Similar homes nearby
Homes for sale in NEW SMYRNA BEACH within the same price band.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 12, 2026 | Price reduced | $850,000 | −$345,000 |
| May 16, 2025 | Listed | $1,195,000 | — |
Neighbourhood
The schools below come from the MLS record for this home. Walking, transit and cycling figures for NEW SMYRNA BEACH, FL are not connected yet, so this page does not show them.
Frequently asked questions
What would 507 PENINSULA AVENUE, NEW SMYRNA BEACH cost per month?
About $5,024 a month: $4,298 principal and interest, $726 property tax. That assumes 20% down at 6.5% over 30 years, and leaves out insurance.
Is 507 PENINSULA AVENUE, NEW SMYRNA BEACH priced fairly?
Comparable homes nearby put it between $1,033,695 and $1,189,305, with $1,111,500 in the middle. Those are asking prices, not closed sales: 8 properties of the same type within three miles, each within 20% of this one's size and a bedroom either way, at a median of $780 a square foot.
How does 507 PENINSULA AVENUE, NEW SMYRNA BEACH compare to nearby homes?
8 comparable properties within three miles. The nearest: 207 ESTHER STREET, NEW SMYRNA BEACH, FL at $825,000, 1,517 sq ft, 0.13 miles away; 308 NORMANDY AVENUE, NEW SMYRNA BEACH, FL at $875,000, 1,226 sq ft, 0.17 miles away; 301 PINE STREET, NEW SMYRNA BEACH, FL at $997,900, 1,180 sq ft, 0.17 miles away.
How long has 507 PENINSULA AVENUE, NEW SMYRNA BEACH been on the market?
473 days on the market.
Has the price of 507 PENINSULA AVENUE, NEW SMYRNA BEACH changed?
It has gone down from $1,195,000 to $850,000, a change of -28.9%.
How big is 507 PENINSULA AVENUE, NEW SMYRNA BEACH?
3 bed, 2 bath, 1,425 square feet. That is $596 a square foot.
What year was 507 PENINSULA AVENUE, NEW SMYRNA BEACH built?
Built in 1962.
What is the HOA fee at 507 PENINSULA AVENUE, NEW SMYRNA BEACH?
The feed lists no association fee for this property.
What are the property taxes at 507 PENINSULA AVENUE, NEW SMYRNA BEACH?
Property tax works out to about $726 a month, $8,707 a year, on the 2024 assessment.
Is 507 PENINSULA AVENUE, NEW SMYRNA BEACH still available?
It is under contract.
