Short Sale. 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.
The majority of units have updated kitchens including new or newer appliances and bathrooms within the last 5 years, and most units have updated flooring. Exterior was just painted. No flooding! Take advantage of this cash flowing opportunity at the beach in Daytona Beach!
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $800,000 | $250 | KELLER WILLIAMS RLTY FL. PARTN |
Learning Center Riverview Learning Center | 1.3 miles away | 06 - 12 | |
Elementary School Ortona Elementary School | 2.1 miles away | KG - 05 | |
Elementary School Turie T. Small Elementary School | 2.1 miles away | KG - 05 |