Opportunity to acquire 18 units value-add in a 39-unit building under $150 per sq.ft. Currently at 6% cap with substantial upside. Waterfront property with immediate access to premier beaches and a private boat dock. All units are 2BR 1BA with central AC. New roofs - replaced in 2019. Concrete block… Read More product throughout.Situated in the heart of Daytona Beach, this property provides easy access to local attractions, dining establishments, shopping destinations and hospitals. Daytona Beach with its International Airport and vibrant atmosphere is a bustling city with year-round festivals and events, notably the iconic Daytona 500 NASCAR race. Read Less
Courtesy of Roman Fischer, FPB Investment Properties, Inc 954-852-9426
Listing Snapshot
Days Online
44
Last Updated
Property Type
MultiFamily (5+ Units)
Year Built
1972
MLS Number
RX-11094772
Additional Details
Building
Built in 1972, 3 stories, 18 units in build, Square footage source: SimpleTemplate, 18 tenants, Smoke Alarm, Condo
Cooling
Central
Floors
Carpet, Tile
Heating
Central
Home Owner's Association
Annual association/condo dues: $7,494
Lot
1 acres
Miscellaneous
Electric, Cash, Conventional, Exchange
Property
Property type: E, Zoning: 0400 - CONDO, Waterfront: Yes, Intracoastal
Roof
Concrete Tile
Taxes
Real estate taxes: $23,293, Year: 2023
Utilities
18.00 meter, Public Sewer, Public Water
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