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16 S GRANDVIEW AVENUE
DAYTONA BEACH FL 32118 US

$499,999

Active Listing ID NS1081584
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Lot: 0.11 Acres
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Multi Family

$499,999

Active Listing ID NS1081584
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16 S GRANDVIEW AVENUE 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.

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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Multi Family
  • Features
  • Cooling System: Window Unit(s) A/C

Property

  • propertytype: Commercial Sale
  • propertysubtype: Multi Family
  • listprice: 499999
  • unparsedaddress: 16 S GRANDVIEW AVENUE
  • postalcity: DAYTONA BEACH
  • stateorprovince: FL
  • country: US
  • postalcode: 32118
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.11
  • lotsizeunits: Acres
  • lotsizearea: 0.11
  • livingarea: 2972
  • livingareaunits: Square Feet
  • latitude: 29.225575
  • longitude: -81.009326
  • listagentfullname: James McQueen
  • listagentemail: james.mcqueen@lptrealty.com
  • listagentkey: 3yd-MFRMLSFL-269505586
  • listagentmlsid: 269505586
  • listagentpreferredphone: 3865163212
  • listagentofficephone: 8773662213
  • listofficekey: 3yd-MFRMLSFL-261016803
  • listagentstatelicense: 3555293
  • listofficemlsid: 261016803
  • disclaimer: Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1910
  • listingcontractdate: 2024-05-20
  • listagenturl: https://www.lpt.com/
  • countyorparish: Volusia
  • parcelnumber: 5304-01-11-0050
  • cooling: Window Unit(s) A/C
  • constructionmaterials: Frame, Wood Siding
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.00932, 29.225574
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"LPT Realty, LLC.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"james.mcqueen@lptrealty.com", "ListBrokerageCity":"Lake Mary", "ListBrokerageCountry":"US", "ListBrokerageEmail":"boards@lpt.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"LPT Realty, LLC.", "ListBrokeragePhone":"(877) 366-2213", "ListBrokeragePostalCode":"32746", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1400 S. International Parkway", "ListBrokerageWebsiteUrl":"https://www.lpt.com/", "ListOfficeAddress1":"1400 South International Parkw", "ListOfficeAddress2":"Suite 1020", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Lake Mary", "ListOfficeCountry":"US", "ListOfficeEmail":"boards@lpt.com", "ListOfficePostalCode":"32746", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family - DAYTONA BEACH, FL", "ListingURL":"https://listings.listhub.net/pages/MFRMLSFL/NS1081584/?channel=rexren", "MLSModificationTimestamp":"2024-11-17T08:46:07Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4278, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/17/2024 4:08:05 PM GMT
Source Updated Date: 11/25/2024 6:44:29 AM GMT

Courtesy of: James McQueen, LPT REALTY, james.mcqueen@lptrealty.com

Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.