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
Street Name Grandview
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
Street Suffix AVENUE
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
AVG $390K
$500K
Taxes
AVG $3,782
$4,278
Visits
AVG 437
51
Data Provided by Inside Real Estate®
Year Built
AVG 1992
1910