$1,075,000
$1,300,000
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12,196 SqFt
SOLD DATE : 05/31/2024
Key Details
Sold Price $1,075,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 12,196 sqft
Price per Sqft $88
MLS Listing ID 1116900
Sold Date 05/31/24
Year Built 1967
Annual Tax Amount $14,853
Lot Size 0.280 Acres
Lot Dimensions 0.28
Property Sub-Type Business
Source Daytona Beach Area Association of REALTORS®
Property Description
Extremely unique opportunity to purchase a concrete block construction, beachside apartment complex with big upside.
This unit, two-story, garden style apartment complex has been gutted and needs finishing. Full architectural plans included.
Unit mix consists of fourteen, 1-bedroom/1 bathroom apartments.
Owner installed a new roof in 2022, made concrete repairs, and has purchased many of the fixtures/supplies needed to finish including HVAC units, sheetrock, plumbing and electrical supplies, etc.
Just one property removed from busy A1-A and the World-Famous Daytona Beach, FL! Take advantage of an excellent rental market and GREAT UPSIDE once this property is renovated. Walking distance to restaurants, shopping, beach attractions, and hotels/resorts make easy work commute for tenants or excellent lifestyle for retired inhabitants.
Location
State FL
County Volusia
Direction Located one property removed from State Route A1-A in Daytona Beach, FL on Braddock Avenue
Others
Senior Community No
Tax ID 5309-18-00-0310
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