$499,999
Active Under Contract
24 Days Online
7 Beds0 Baths2,972 SQFT
Active Under Contract

16 S Grandview Avenue Daytona Beach, FL 32118

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HUGE OPPORTUNITY! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 7 unit Multi-Family property that could be your next cash cow. Walking distance to the Main Street Pier and Beach Access. With a 70% occupancy rate (2 Units Are Owner Occupied) this property is still producing a NOI of $22, 0000 per year with plenty of room for easy increases. This prime piece of investment property offers Three (3) One Bedroom - One Bathroom Units and Four Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income. 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. Pre-Inspection Done.

  • Property TypeMulti-Family
  • NeighborhoodRogers Seabreeze
  • CountyVolusia
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site23 Days
  • MLS StatusActive Under Contract
  • MLS ID Number1123881
  • Home Size Source N/A
  • Year Built1910
  • Lot Size0.11 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Stand Alone
  • Construction Frame
  • Parking Parking Lot
  • Electric Circuit Breakers
  • Acreage 0.11
  • Water Public
  • Property Sub Type Multi Family
  • Zoning Multi-Family

Interior Features

  • Cooling Wall/ Window Units
  • Heating Wall/ Window Units
  • Appliances DishwasherRefrigerator
  • Interior Cable TVCeiling FansSmoke Detector

Exterior Features

  • Exterior Balcony/ DeckingFenced Yardundefined
  • Lot Corner Lot

Community Features

  • MLS Area 14 - Daytona Peninsula S of Seabreeze

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Monthly Payment (Est.)

$2,648
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