$2,350,000
Est. payment /mo
18 Baths
1.38 Acres Lot
Active
900 S Peninsula DR Daytona Beach, FL 32118
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID R11094772
HOA Fees $7,494/ann
HOA Y/N No
Year Built 1972
Annual Tax Amount $23,293
Tax Year 2023
Lot Size 1.380 Acres
Acres 1.38
Property Sub-Type Multi Family
Property Description
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 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.
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.
Location
State FL
County Volusia
Area 5940 - Other Florida County
Zoning 0400 - CONDO
Interior
Interior Features InteriorFeatures
Heating Central
Cooling Central Air
Flooring Carpet, Tile
Fireplace No
Exterior
Water Access Desc Public
Roof Type Concrete
Building
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Others
Tax ID 530958000250
Security Features Fire Alarm
Acceptable Financing Cash, Conventional, Trade
Listing Terms Cash, Conventional, Trade
Listed by Roman Fischer FPB Investment Properties, Inc
Nearby Locations
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