Address
16 S Grandview AVENUE, DAYTONA BEACH, FL
Price
$ 499,999
Property Attributes
- MLS#NS1081584
- TypePending
- CountyVOLUSIA
- CityDAYTONA BEACH
- AreaDaytona Beach-Holly Hill
- NeighborhoodRogers Seabreeze
- Zip32118
- StyleMulti Family
- Year Built1910
- Taxes$ 4278
- Price$ 499,999
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2972
- Lot Size0.11 Acres
Data Source:
Stellar MLS
Property Description
Under contract-accepting backup offers. 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.
| Price History | |
|---|---|
| 5/20/2024 | Listed $499,999 |
General Features
| Cooling | Wall/Window Unit(s) |
|---|---|
| Zoning | 02BR1 |
| Construction Materials | Wood Frame,Wood Siding |
| Year Built | 1910 |
| Property SubType | Multi Family |
| Tax Year | 2023 |
| Percent Ownership | Sole Proprietor |
| Additional Parcels Description | N/A |
| County | Volusia |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | ROGERS SEABREEZE |
| Status | Pending |
| Directions | TAKE INTERNATIONAL SPEEDWAY TO GRANDVIEW TURN LEFT. |
| ModificationTimestamp | 2024-06-04T22:09:07.400Z |
| City | DAYTONA BEACH |
| Buyer Agent Compensation | 2.5% |
| Disclosures | Lead Paint,Seller Property Disclosure |
| View Y/N | No |
| MLS Area | 32118 - Daytona Beach/Holly Hill |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 5000 |
| Waterfront Y/N | No |
| Tax Annual Amount | 4278 |
| Property Condition | Completed |
| Additional Parcels Y/N | Yes |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/NS1081584 |
| Days on Market | 15 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Pending |
| Tax Lot | 5 |
| Legal Description | LOT 5 BLK 11 ROGERS SEABREEZE PER OR 3987 PG 0600 |
| Water Access Y/N | No |
| Water View Y/N | No |
| Flood Zone Code | 125099 |
Interior Features
| Basement | Crawl Space |
|---|---|
| Air Conditioning Y/N | Yes |
| LivingAreaSource | Public Records |
Exterior Features
| Parking Features | 1 to 5 Spaces |
|---|---|
| Lot Size Area | 5000 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Building Area Total | 2972 |
| Lot Size Acres | 0.11 |
| Road Surface Type | Asphalt |
| Road Frontage Type | Access Road,Alley,City Street |
| Number of Lots | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 32118
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 23, 2024 12:17 AM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
