FL > Daytona Beach
Daytona Beach, FL 32118,900 S Peninsula DR
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Derek Ratliff

Derek Ratliff

+1(386) 438-9355
Listed by FPB Investment Properties, Inc
$ 2,350,000
Est. payment | /mo

18 Baths

1.38 Acres Lot

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$ 2,350,000
Est. payment | /mo
Save

18 Baths

1.38 Acres Lot

Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

MLS Listing ID RX-10994753

Year Built 1972

Annual Tax Amount $23,293

Tax Year 2023

Lot Size 1.380 Acres

Property Description

Opportunity to acquire 18 units value-add in a 39-unit building under $150 per sq.ft. Currently at 6% cap with substantial upside. Waterfront property with immediate access to premier beaches and a private boat dock. All units are 2BR 1BA with central AC. New roofs - replaced in 2019. Concrete block product throughout.Situated in the heart of Daytona Beach, this property provides easy access to local attractions, dining establishments, shopping destinations and hospitals. Daytona Beach with its International Airport and vibrant atmosphere is a bustling city with year-round festivals and events, notably the iconic Daytona 500 NASCAR race.

Location

State FL

County Volusia

Area 5940

Zoning 0400 - CONDO

Interior

Heating Central

Cooling Central

Flooring Carpet, Tile

Fireplaces Type Smoke Alarm

Exterior

Garage Spaces 7494.0

Utilities Available Public Sewer, Public Water

Waterfront Description Intracoastal

Roof Type Concrete Tile

Building

Story 100.00

Others

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(386) 438-9355

derek.ratliff@riserealtyadvisors.com

10752 Deerwood Park Blvd South Waterview II, Suite 100 , JACKSONVILLE, Florida, 32256, USA

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900 S Peninsula DR