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$469,000

For Sale - Active
2626 Turnbull Estates Dr, New Smyrna Beach, FL 32168
3 Beds
2 Baths
2,393 Square Feet
0.25 Acres Lot
Built in 1999
For Sale - Active
Units n/a
Checked: 20 hours ago
Updated: Jul 27, 2025 at 05:29AM

Investment Summary


Monthly Cash Flow
-$1,075
Cap Rate
3.4%
Cash-on-Cash Return
-12.0%
Debt Coverage Ratio
0.55
Internal Rate of Return (5 years)
-7.6%

Property Description


0.25 Acres Lot
Built in 1999
For Sale - Active
Units n/a

Welcome to your Golf Course Oasis! The perfect slice of Golf Course Living and priced to sell. This elegant 3 bedroom, 2 bath home boasts 2393 sqft living area with a bright open floor plan, very desirable split bedroom plan. Spacious En-Suite primary bedroom features walk-in closet with safe room. Generously sized guest bedrooms offering comfort and spaciousness. 19 x 9 glass enclosed 4 Season Florida Room has separate thermostat for heat/air offering views of the beautiful lushly landscaped and picturesque backyard and elegant Golf Course. This home creates the perfect setting for relaxing and entertaining guests- who will definitely be impressed. This beauty features a long list of extras: gorgeous electric fireplace in living room and lighted niche adding that added touch of classic elegance. Vaulted ceilings, lighted plant shelves, separate dining room, skylight, breakfast bar and pantry in kitchen, inside laundry room with sink, tankless hot water heater, central vacuum, gas hookup on rear patio for grill, transferable termite bond. This home offers the best of Florida Living delivering value, lifestyle and Pride of Ownership. If your looking for a full time residence or a vacation getaway this is the place to be where you can ride your golf cart, enjoy walks thru the pristine neighborhood or play that round of golf with neighbors and friends. All information is assumed accurate. Measurements are approximate. Buyers and or buyers agent to verify all and any information.

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Location


Property Details


Parking

  • Description: Driveway, Garage Door Opener
  • Details: Driveway, Garage Door Opener, Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 9
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Stucco
  • Foundation: Slab
  • Roof Type: Hip
  • Roof Material: Shingle

HOA

  • Has HOA: Yes
  • Association: DUDLEY MANN
  • HOA Fee: $400/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 73020500070001
  • Lot Size: 10703 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1999

Tax Information

  • Annual Tax: $6,867

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Volusia

Listing Details


Listed by:
Gail Laughlin
ACE REALTY & MANAGEMENT, LLC
(386) 576-3943

Source:
Stellar MLS
MLS#: NS1084008
Stellar MLS

Investment Summary


Monthly Cash Flow
-$1,075
Cap Rate
3.4%
Cash-on-Cash Return
-12.0%
Debt Coverage Ratio
0.55
Internal Rate of Return (5 years)
-7.6%

Purchase Details

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Purchase price:
$469,000
Amount financed:
-$375,200
Down payment:
$93,800
Closing costs:
$14,070
Rehab costs:
$0
Initial cash invested:
$107,870
Square feet:
2,393
Cost per square foot:
$196
Monthly rent per square foot:
$1.17

Financing Details

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Loan amount:
$375,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,402
Property tax:
$572
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,170

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,800 $33,600
Vacancy loss: (6%)
6% -$168 -$2,016
Operating income:
$2,632 $31,584

Operating Expenses


% Rent Monthly Yearly
Property taxes: (20%)
20%-$572-$6,867
Insurance: (7%)
7%-$196-$2,352
Property management: (8%)
8%-$224-$2,688
Repairs & maintenance: (5%)
5%-$140-$1,680
Capital expenditures: (5%)
5%-$140-$1,680
HOA fees: (1%)
1%-$33-$396
Total operating expenses: (47%)
47%-$1,305-$15,663

Cash Flow


Monthly Yearly
Net operating income:
$1,327 $15,924
Mortgage payments:
-$2,402 -$28,824
Cash flow:
$1,075 $12,900