Thank you
Jonathan B Owens
Keller Williams Realty Florida Partners
386-944-2800
BRAND NEW ROOF & INSTANT EQUITY with this 9 unit apartment priced $100k under appraised value for a quick sale, this is a no brainer investment! Located beach side on our main corridor International Speedway Blvd in a redevelopment zone that allows air bnb with variance and approval. Just two properties back from A1A and the beach. Great flexibility to keep as a long-term rental with a current annual gross income of over $100k. Professional management currently in place for immediate cash flow OR with a variance (details provided) use as a profitable Air BNB and there is still room to increase rents and profitability. Total of 9 units including: 2 - 2 bed units, 4 - 1 bed units, and 3 studios.
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Total Bedrooms : 11
Year Built: 1920
Total Units: 9
Built: 1920
SQ ft: 3,936
SQ ft (Living Area): 3,195
Property Detail: 5+ Units
Subdivision: Davis Daytona Beach
Original List Price: $800,000
Tax ID: 5309-09-04-0160
Parcel Number: 5309-09-04-0160
N/A
Membership Equity: No
HOA : 0
Direction: Off of I-95 take International Speedway Blvd E toward the beach. The property will be on the right hand side before A1A
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
500 Atlantic Avenue #10-A, Daytona Beach, FL,32118 | $625,000 | 2 | 2 | 1,724 | 1.21 Acres |
500 Atlantic Avenue #10-C, Daytona Beach, FL,32118 | $950,000 | 3 | 3 | 2,278 | 1.21 Acres |
500 Atlantic Avenue #10-D, Daytona Beach, FL,32118 | $1,350,000 | 3 | 3 | 2,064 | -- |
500 Atlantic Avenue #PH.., Daytona Beach, FL,32118 | $7,750,000 | 4 | 5 | 8,172 | -- |
500 Atlantic Avenue #PH.., Daytona Beach, FL,32118 | $4,000,000 | 3 | 4 | 4,680 | -- |
500 Atlantic Avenue #19-D, Daytona Beach, FL,32118 | $1,585,000 | 3 | 3 | 2,064 | -- |
720 Davis Street, Daytona Beach, FL,32118 | $719,000 | 4 | 4 | 2,115 | 0.14 Acre |
500 Atlantic Avenue #14-A, Daytona Beach, FL,32118 | $670,000 | 2 | 2 | 1,724 | -- |
500 Atlantic Avenue #18-A, Daytona Beach, FL,32118 | $785,000 | 2 | 2 | 1,724 | -- |
500 Atlantic Avenue #20-A, Daytona Beach, FL,32118 | $815,000 | 2 | 2 | 1,724 | -- |
Daytona Beach Association of REALTORS
ByOwner last updated this listing 05/04/2024 @ 13:09
MLS: 1122703
LISTED BY: Jonathan B Owens , Keller Williams Realty Florida Partners
SOURCE: Daytona Beach Association of REALTORS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.