HUGE OPPORTUNITY TO MAKE A KILLING! Located in the heart of all of Daytona’s Highest Attractions. You will find a well maintained 6 unit Multi-Family property that could be your next cash cow. 6 Beds 8 Baths. INCOME AT 3,225.00 PER MONTH WITH 2 UNITS OWNER OCCUPIED. Walking distance to the Main Street Pier and Beach Access. With 100 occupancy rate (2 Units are owner occupied) this property is producing a NOI of 24,800.00 per year with plenty of room for easy increases. This prime piece of investment property offers One (1) One Bedroom – Two Bathroom Unit. Three (3) One Bedroom – One Bathroom Units and Four Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income Per Square Foot. 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. Unit is on One Electric Meter. 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.
Property Details
Price:
$499,999
MLS #:
NS1081584
Status:
Active
Beds:
0
Baths:
0
Address:
16 S GRANDVIEW AVENUE
Type:
Commercial
Subtype:
Multi Family
Subdivision:
ROGERS SEABREEZE
Neighborhood:
32118 – Daytona Beach/Holly Hill
City:
DAYTONA BEACH
Listed Date:
May 20, 2024
State:
FL
Finished Sq Ft:
2,972
Total Sq Ft:
2,972
ZIP:
32118
Lot Size:
5,000 sqft / 0.11 acres (approx)
Year Built:
1910
Schools
Interior
Cooling
Wall/ Window Unit(s)
Exterior
Construction Materials
Wood Frame, Wood Siding
Parking Features
1 to 5 Spaces
Financial
Tax Year
2023
Taxes
$4,278
Map
Community
- Address16 S GRANDVIEW AVENUE DAYTONA BEACH FL
- SubdivisionROGERS SEABREEZE
- CityDAYTONA BEACH
- CountyVolusia
- Zip Code32118
Similar Listings Nearby
- 420 GEORGE W ENGRAM BOULEVARD
DAYTONA BEACH, FL$600,000
1.38 miles away
- 214 N BEACH STREET
DAYTONA BEACH, FL$599,000
1.03 miles away
- 1341 RIDGEWOOD AVENUE
HOLLY HILL, FL$599,000
2.70 miles away
- 305 & 307 SEABREEZE BOULEVARD
DAYTONA BEACH, FL$549,000
0.75 miles away
- 374 S ATLANTIC AVENUE
ORMOND BEACH, FL$450,000
4.22 miles away
- 1627 STATE AVENUE
DAYTONA BEACH, FL$449,900
3.23 miles away
Courtesy of LPT REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
16 S GRANDVIEW AVENUE
DAYTONA BEACH, FL
LIGHTBOX-IMAGES