$499,999
( $168.24Per Sq Foot )
 $2,684 est/mo Sourced by Back At You

16 S Grandview Ave , DAYTONA BEACH, FL 32118

DAYTONA BEACH, FL 32118

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Description

CASH COW OPPORTUNITY! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 6 unit Multi-Family property that could be your next cash flowing machine. 6 Beds 8 Baths. INCOME AT 3,225.00+ PER MONTH EVEN WITH 2 UNITS OWNER OCCUPIED. AND AN OPPORTUNITY TO DOUBLE RENTS IMMEDIATELY. Walking distance to the Main Street Pier and Beach Access. This property is producing a NOI of 24,800.00 per year with plenty of room for easy increases rents have not been increased in years. This prime piece of investment property offers One (1) One Bedroom - Two Bathroom Unit. Three (3) One Bedroom - One Bathroom Units and (3) Three Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income Per Square Foot. 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. House is on ONE SINGLE METER. 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. No leases are in place to allow for new buyer to do renovations and increase rents quickly. 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! Call today to inquire more information.

Details

MLS#NS1081584
Listing TypeFor Sale
StyleTown House
Sub-TypeFor-sale
StatusActive
Year1910
Days On Site263
Listing Provided ByLPT REALTY | James McQueen

Features

SQ Feet2,972
BasementY
Zoning02BR1
Acreage0.11

Market Activity 32118

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of February 7, 2025 at 9:58:20 PM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Listings Checked: 2 minutes ago
StateFL
CountyVolusia
CityDAYTONA BEACH
Zip Code32118
Area32118 Daytona Beach | Holly Hill
Community NameROGERS SEABREEZE
Listing VS Median (in ROGERS SEABREEZE)
Price:
$499,999
low | high
Med:
$477,500
54.499908999818% of Average
SqFt:
2,972
low | high
Med:
3,080
46.366083445491% of Average
$ / SqFt:
$168
low | high
Med:
$155
57.582725704975% of Average
On Site:
263
low | high
Med:
143.500000
100% of Average
Sourced by Back At You
Listing Updated: February 7, 2025 at 4:13:57 PM PST