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$ 1,850,000
Est. payment | /mo
2,738 SqFt
$ 1,850,000
Est. payment | /mo
2,738 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,738 sqft
Price per Sqft $675
MLS Listing ID 1215036
Year Built 1939
Annual Tax Amount $5,207
Acres 0.15
Property Sub-Type Multi Family
Source Daytona Beach Area Association of REALTORS®
Property Description
Presenting a prime investment opportunity, this beachside multifamily property comprises 14 units. With a desirable Daytona Beach location and a history of high occupancy, this property offers stability and potential for a prospective investor. Recent upgrades include new roofs installed in 2020 and 2021 across all 3 buildings, ensuring low maintenance costs. Additionally, all tenants are current on their rent, eliminating accounts receivable concerns. This low-rise/garden-style property represents a lucrative and attractive investment with a strong historical performance and significant potential for future growth. New roofs in 2020 & 2021 for all 3 buildings.
All tenants are current on their rent (no accounts receivable).
Unit mix includes: 5 studios, 3 (one bedrooms), 4 (two bedrooms), and 1 (3 bedroom).
All tenants are current on their rent (no accounts receivable).
Unit mix includes: 5 studios, 3 (one bedrooms), 4 (two bedrooms), and 1 (3 bedroom).
Location
State FL
County Volusia
Area 14 - Daytona Peninsula S Of Seabreeze
Direction Located on S. Hollywood Avenue in the heart of the beachside in Daytona Beach, FL.
Region Daytona Beach
City Region Daytona Beach
Exterior
Parking Features Other
View Y/N No
Building
Lot Description Other
Others
Tax ID 5304-01-17-0061
Ownership Kona Kai Db Llc
Listed by Carl Lentz • SVN Alliance Commercial Real Estate Advisors
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