900 S Peninsula DR, Daytona Beach, FL 32118
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$ 2,350,000
Est. payment | /mo

841 SqFt


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$ 2,350,000
Est. payment | /mo
Save

841 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 841 sqft

Price per Sqft $2,794

MLS Listing ID B26032628

HOA Fees $7,494/ann

HOA Y/N Yes

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.

Location

State FL

County Volusia

Area 5940 Florida Other

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Tile

Exterior

Utilities Available Sewer Available

Roof Type Concrete

Total Parking Spaces 20

Private Pool Yes

Building

Lot Description 1-2 Acres

Story 3

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Other

Others

Senior Community No

Tax ID 530958000250

Security Features Fire Alarm,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Miami Association of Realtors (SEFMIAMI MLS)
Listed by FPB Investment Properties, Inc

Schools and Properties Nearby

Juliana Gomez

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900 S Peninsula DR