Description

Beachside 3,000 square foot, 4 unit complex in Daytona Beach! This complex is a zoned multi-family property and has been demo’d with a new roof coming soon.  3 units are 1 bedroom/1 bath.  The remaining unit is 2 bedroom/1 bath. All units are separately metered.  Estimated rental rates are expected to increase.  Just 4 blocks from the beach and all attractions.  Come, check this property out, make us an offer before we renovate it and keep it forever!



Property Details

Property Status Expired
Location 112 North Peninsula Drive, Daytona Beach, FL, United States
Price $140,000
Estimated Repairs $60,000
Square Footage 3000
Sq Footage Source tax_records
# of Units 4
Market Rent (Annually) $10,320
Gross Rent $41,280
Gross Yield 29.5%
Operating Expenses (Annual) $4
Net Income (Annual) $NaN
Net Yield NaN%
Property Management In Place no
Seller Financing Available no
Sellers Disclosure I am a licensed real estate agent and am representing the owner of this property
Publish Date December 24th, 2017

Seller Information

Xavier Lawson, MBA

Member since December 2016
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Seller assumes all responsibility for the content of this listing.