16 S Grandview AVENUE, DAYTONA BEACH, FL 32118 | MLS# NS1081584 | Mamba Realty

DAYTONA BEACH, FL 32118 16 S Grandview AVENUE

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Presented By: LPT REALTY with 877-366-2213. - 877-366-2213
  • MLS# NS1081584
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  • SQFT • 2,972

Home Details

HUGE OPPORTUNITY TO MAKE A KILLING! 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 cow. 6 Beds 8 Baths. INCOME AT 3,225.00+ PER MONTH EVEN WITH 2 UNITS OWNER OCCUPIED. OPPORTUNITY TO DOUBLE RENTS IMMEDIATELY. Walking distance to the Main Street Pier and Beach Access. With 100 occupancy rate (2 Units are owner occupied) this property is producing a NOI of 24,800.00 per year with plenty of room for easy increases. This prime piece of investment property offers One (1) One Bedroom - Two Bathroom Unit. Three (3) One Bedroom - One Bathroom Units and Four 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. A Pre-Listing Inspection Has Been Performed Without Any Major Repairs Needed. Unit is on One Electric Meter. 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.
Presented By: LPT REALTY with 877-366-2213. - 877-366-2213

Interior Features for 16 S Grandview AVENUE

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Basementcrawl space

General for 16 S Grandview AVENUE

Additional Parcels Descriptionn/a
Additional Parcels Y/NYes
Building Area Unitssquare feet
Citydaytona beach
Construction Materialswood frame, wood siding
Coolingwall/window unit(s)
Countyvolusia
Directionstake international speedway to grandview turn left.
Disclosureslead paint, seller property disclosure
FULLsole proprietor
Flood Zone Code125099
HOAYes
Legal Descriptionlot 5 blk 11 rogers seabreeze per or 3987 pg 0600
Listing Termscash, conventional, other
Living Area Unitssquare feet
Lot Size Square Feet5000
Lot Size Unitssquare feet
MLS Area32118 - daytona beach/holly hill
ModificationTimestamp2024-11-17t13:45:46.603z
New ConstructionNo
Property Conditioncompleted
Property Subtypemulti family
Property Typecommercial sale
Standard Statusactive
Statusactive
Subdivision Namerogers seabreeze
Tax Annual Amount4278
Tax Lot5
Tax Year2023
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1910
Zoning02br1

Exterior for 16 S Grandview AVENUE

Building Area Total2972
Foundation Detailsslab
Lot Size Acres0.11
Lot Size Area5000
Number of Buildings1
Number of Lots1
Parking Features1 to 5 spaces
Road Frontage Typeaccess road, alley, city street
Road Surface Typeasphalt

Additional Details

Price History

Jehad Bader

Broker
Price $499,999
MLS#NS1081584
Property Type Commercial
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