$168.24 Per Sq Foot $2,839 est/mo Sourced by Back At You

16 S Grandview Ave,DAYTONA BEACH, FL 32118

DAYTONA BEACH FL, 32118

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Description

HUGE OPPORTUNITY! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 7 unit Multi-Family property that could be your next cash cow. Walking distance to the Main Street Pier and Beach Access. With a 70% occupancy rate this property is still producing a NOI of $22,0000 per year with plenty of room for easy increases. This prime piece of investment property offers Three (3) One Bedroom - One Bathroom Units and Four Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income. A truly turnkey property that has plenty of income potential that has yet to be tapped into. Not In A Flood Zone And Did Great With The Hurricanes. 2018 Updated Roof. Each Unit Is Air Conditioned Via Window Unit. A Pre-Listing Inspection Has Been Performed Without Any Major Repairs Needed. Solid electrical and plumbing. Invest into a growing Area In Florida. Long term tenants are in place and have been in place for multiple years. Owner occupies two units and will be an opportunity for instant income increase. Monthly leases are in place for maximum flexibility for the new owner to do any wanted renovations. However tenants are in place now for instant return on investment.This is the multi family property you've been waiting to acquire to your investment portfolio! 70K Per Door. Call today to inquire more information.

Details

MLS#NS1081584
Listing TypeFor Sale
StyleTown House
Sub-TypeFor-sale
StatusActive
Year1910
Days On Site56
Listing Provided ByLPT REALTY | James McQueen
Buying Commision2.5%

Features

SQ Feet2,972
BasementY
Zoning02BR1
Acreage0.11

Market Activity 32118

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of July 15, 2024 at 8:03:35 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Listings Checked: 22 minutes ago
StateFL
CountyVolusia
CityDAYTONA BEACH
Zip Code32118
Area32118 Daytona Beach | Holly Hill
Community NameROGERS SEABREEZE
Listing VS Median (in ROGERS SEABREEZE)
Price:
$499,999
low | high
Med:
$499,999
50% of Average
SqFt:
2,972
low | high
Med:
2,972
50% of Average
$ / SqFt:
$168
low | high
Med:
$168
50% of Average
On Site:
56
low | high
Med:
56.000000
100% of Average
Sourced by Back At You
Listing Updated: July 3, 2024 at 2:58:53 PM PDT