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Solid Money Maker Beachside! Concrete Block, 8 Big Units, Short Walk to the Beach, Boardwalk, Main Street, Pier, Restaurants, Hotels, Convention Center, Historic Beach Bandshell, and Shopping.
Newly remodeled duplex in a quiet neighborhood on the Daytona mainland. Duplex is within walking distance to downtown Beach St. and Main Street. small secluded neighborhood next to the Halifax River with only local neighborhood traffic. Enjoy river breezes in the large front yard shaded by a 400 yr old live oak tree.
Oakwood Apartments is an 26-unit garden-style apartment community located in Holly Hill, Florida which is an outskirt of Daytona Beach, in Volusia County, Florida. The property was constructed in 1974 of masonry construction and has a flat roof. The property has eight, one-bedroom/one-bathroom units with 720 rentable square feet and 18, two- bedrooms/one-bathroom units with 900 rentable square feet. It consists of two, two-story buildings on an approximately 0.92 acre site. There have been numerous recent renovations to the property including several unit upgrades with tile flooring, newer appliances, resurfaced countertops, updated bathroom vanities and updated cabinetry. These renovations are commanding a $25 premium per month which equates to a potential $7,020 increase in NOI based on a 90 percent occupancy level.
Size Upon Req.$1,895,000
Park Like Setting Possible assumption of $1,160,000 loan Year Built: 1968 Number of Park Owned Mobile Homes: 10 Average Mobile Home Lot Rent: $326 Average Park Owned Mobile Home Rent: $390 Gross Income: $245,788 (with 7.1.14 rent increase) Operating Expenses: $92,825 (2013 actual) Net Operating Income: $152,963 With rent increase effective 7.1.2014, CAP rate is 8.07% 55+ park with many large trees. 59 mobile home lot spaces and one concrete block 2 bedroom 1 bath single family house. Laundry room. Tenants pay electric from individual electric meters. Owner pays master water meter bill. Tenants reimburse water/sewer/trash based upon individual private water meter for each mobile home. Terrific long term, onsite manager will stay. With signed Non Disclosure Agreement and proof of funds/lender prequalification, we will send you rent roll, expense information and showing instructions. Do not drive park or disturb onsite manager and tenants.
This 23,000 sq-ft. building located in Downtown Daytona Beach is Available For Sale. It is being marketed as professional office space within walking distance to the 5th District Court of Appeals, though Zoning of RDD-2 would permit a mixed use of Residential Multifamily / Office / Retail space. Ample Parking with 43 Spaces, 8 City Street, and Close Public Parking, Additional Space in neighbooring lot. Great Road frontage from both S Palmetto and Magnolia Ave.
Spruce Wood and Palmetto Square is a 2-property portfolio, across the street from the Halifax River, situated in beautiful Daytona Beach, Florida located within Volusia County. These unique garden-style properties are comprised of (3) one and two story buildings, totaling 45 total units, and boast lush green foliage, ample parking and are well- maintained. Both the Spruce Wood and Palmetto Square properties sit within a quarter-mile from one another on South Palmetto Avenue. Palmetto Square as built in 1980 with concrete block walls, balconies, and stairways. The property has (8) one-bedroom/one-bathroom units with 745 rentable square feet, (16) two-bedroom/one-bathroom units with 834 rentable square feet, as well as a single family home that has three-bedrooms/two-bathrooms with 1,444 rentable square feet. Spruce Wood consists of all one-bedroom/one-bathroom units with 778 square feet each.
Three parcels are included in this offering: 200 Main Street - 1,805 sf retail plus 2,103 sf apartments (3) 206 Main Street - 1,600 sf retail 9 S. Halifax Ave. - 1,623 sf apartments (2) 2 retail buildings front Main St. and a Multi-family building included on the third parcel of this offering fronts S. Halifax Ave. Great for income potential leasing to seasonal vendors for Daytona Beach Bike Week and Biktoberfest activities. This short-term rental income potential can be greater than other properties lease on an annual basis. Recent appraisal states "highest and best use" as: - Commercial or related accessory uses. - Retain building at 206 Main St. for continued use. - Remove buildings at 200 Main St. and 9 S. Halifax to allow for future retail development and limited high-season vendor use. Zoned: RDB-3 - Gateway Residential Mixed Use (a beachside redevelopment district).
Location, Location, Location. Solid Concrete Block Money Maker Steps to Hard Rock Hotel Site on the Beach. 17 large, updated apartments. Great Cash Flow.
Bank Owned! Income Producing Property - Two Offices and Three Residential Units. 2,874 SF Building on 0.32+/- Acres plus 0.28+/- Acres Vacant Lot. Approximately 997+/- SF in Two Office Spaces. Three Residential Units. Plus vacant lot on Palmetto Avenue approximately 71' x 72' for further development. Signage on Ridgewood Avenue. Live/Work Property or have your office with residential income. Less than one block north of Beville Road Approximately 5 miles from Interstate 95 and Interstate 4.
Two story office building containing 20,584 sf. on 1+ acre site. Building was built as a regional Florida Power and Light building. Possible uses : office, professional office, student housing, multifamily