506/5 Riverwalk Drive

Off Market

506/5 Riverwalk Drive

New Smyrna Beach FL 32169

1581 sq. ft.

15405 sq. ft.

Condo

Last sold for $555,000

Carmell Patterson, last sold this property on 05 October 2026 after 65 days on market.

Overview

Welcome to coastal living at its finest at this Gated Waterfront Community. 5 Riverwalk Unit 506 is a beautifully updated 2 Bedroom/2 Bathroom home that blends modern interior enhancements with one of New Smyrna Beach’s most sought-after locations. Inside, the main living area features a newly added shiplap accent wall that adds warmth and architectural charm. The kitchen offers a eat in bar area and a spacious living room that shine with new contemporary light fixtures, and fresh interior paint creates a crisp, inviting, move-in-ready feel. The master bathroom has been thoughtfully updated with a larger walk-in shower and a modern soaking tub, bringing a spa-like experience into your daily routine. Custom closets are in both the Master and Guest Closets. One of the home’s most captivating features is the water view patio, accessible from both the living room and the master bedroom. Unwind while watching amazing sunsets, spot dolphin playing in your backyard, and enjoy a picturesque view of the iconic Ponce Inlet Lighthouse. This outdoor space truly captures the magic of living on the water. Beyond the home itself, Riverwalk places you in the heart of New Smyrna Beach—just minutes from the Intracoastal Waterway, historic Canal Street, waterfront parks, boutique shopping, locally planned events and the vibrant dining scene that makes NSB so beloved. Whether you enjoy boating, biking, golf carting, strolling along scenic paths, or relaxing by the shore, this location delivers unmatched convenience and coastal charm. Unit 506 offers modern upgrades, breathtaking views, and a prime position in one of Florida’s most desirable beach towns—an exceptional opportunity for anyone seeking comfort, style, and the true New Smyrna Beach lifestyle. Riverwalk offers resort like features with a large Clubhouse Theatre Room, Fitness Room, Fire Pit, Bocce, Shuffleboard, Pickle Ball and Tennis. Boat slips are available for purchase. Looking for a weekend get a way, full time Condo living or an Investment, this unit has the best view in Riverwalk that is currently on the market.(Brand new refrigerator purchased June 2026, this unit also includes 2 kayak spots in the garage)

Features

2 bedrooms

2 bathrooms

1 carspace

1 garage space

1581 sq. ft. floor area

15405 sq. ft. lot size

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in New Smyrna Beach over the last 12 months, the estimated median property value of 506/5 Riverwalk Drive is $481.75k.

Median value

$481.75k

Estimated value range

$218k - $1.02m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in New Smyrna Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 506/5 Riverwalk Drive

2026

Sold

$555,000

05 Oct 2026 by Carmell Patterson, of KELLER WILLIAMS AT THE PARKS

2026

Sold

$515,000

30 Apr 2026 by Carmell Patterson, of KELLER WILLIAMS AT THE PARKS

Happy sellers in New Smyrna Beach

85%

85% of sellers in New Smyrna Beach reported that their sale price either exceeded or met their price expectations.

New Smyrna Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in New Smyrna Beach over the last 12 months.

Local market activity for 2 bedroom condos in New Smyrna Beach

In the last 12 months, 188 two-bedroom condos similar to 506/5 Riverwalk Drive, have been sold.

This represents a 26% decrease in two-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in New Smyrna Beach for a market analysis.

Rachail Renick

at EXIT REAL ESTATE PROPERTY SOL

(13 reviews)

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Kristin Vogt

at KGV REALTY GROUP

(187 reviews)

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Robert Deasy

at MAGNOLIA PROPERTIES

(8 reviews)

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Jennifer King

at CORCORAN PREMIER REALTY

(6 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in New Smyrna Beach

Rachail Renick

Rachail Renick is an award winning recommended agent for New Smyrna Beach. They have 4 local sales and collected 3 local reviews across the last 12 months.

5 (13 reviews)
3 Reviews in New Smyrna Beach
4 Sales in New Smyrna Beach

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Kristin Vogt

Sellers who recommend Kristin Vogt have praised them for being local expert, responsive, clear communication, supportive, reliable, dedicated, and hard-working