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Pending · Single Family

507 PENINSULA AVENUE

NEW SMYRNA BEACH, FL 32169

Beds
3 beds
Baths
2 baths
Area
1,425 sqft
Single FamilyBuilt 19626,000 sqft lot1-car garageCentral, ElectricCentral Air$596/sqft494 days on market

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
Estimated monthly payment$5,024/mo
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.

250 MINORCA BEACH WAYActive
$750,000
250 MINORCA BEACH WAY, 603
NEW SMYRNA BEACH, FL 32169
2 beds2 baths1,450 sqft
Photo coming soon
Active
$719,000
4220 GULL COVE
NEW SMYRNA BEACH, FL 32169
3 beds2 baths1,940 sqft
4801 SAXON DRIVEActive
$979,900
4801 SAXON DRIVE, A-303
NEW SMYRNA BEACH, FL 32169
4 beds2 baths1,450 sqft

Price history

From the property’s MLS record.

DateEventPriceChange
Sep 12, 2026Price reduced$850,000−$345,000
May 16, 2025Listed$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.

Elementary school
Coronado Beach Elem
Assigned school from the MLS record
Middle school
New Smyrna Beach Middl
Assigned school from the MLS record
High school
New Smyrna Beach High
Assigned school from the MLS record

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.