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Tastefully renovated commercial six unit, with two 1BR and 4 studios, in the heart of Daytona Beach's thriving tourist zone. Approx 400 ft from the beach, 2 blocks from Ocean Walk, Ocean Center, Daytona Band Shell, beachside bus terminal, Daytona Lagoon. Block construction. All 8 AC/Heat units less than 3 yrs old. Laundry in maintenance room. Pro-forma NOI $86,800, Cap Rate 6.94. Unit rents - $1,695 for 1BR/1BA, $1,500-1,600 for Studios.
Features
Age: Over 50 Years Old
Amenities: Dock
Architecture Style: Other
Building Units: 6
Cooling System: Wall Unit(s) A/C
Exterior Type: Brick Veneer
Exterior Type: Brick
Exterior Type: Block
Floor Covering: Vinyl
Floor Covering: Tile
Heating System: Heat Pump
Legal Description: N 75 FT OF LOT 16 EXC CORNER FOR R/W IN W 25.61 FT ON N/L OF N 27.66 FT ON W/L & INC N 75 FT LOT 17 BLK 38 EAST DAYTONA PER OR 4502 PG 4461 PER OR 5773 PG 3858 PER OR 6611 PG 2464 PER OR 6712 PG 4792 PER OR 7143 PG 1270