416 N Peninsula Drive, Daytona Beach, FL 32118

$520,000
5
BD
4
BA
2,325
SqFt

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List Price
$520,000
Status
Active
Days on Market
1
MLS#
NS1089367
Property Style
Single Family
Year Built
1918
Bedrooms
5
Bathrooms
4
Living Area
2,325
Lot Size
7,500
Acres
0.17
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Plat/East Daytona
MLS Area Major
Daytona Beach/Holly Hill

Property Description

Income-producing opportunity in the heart of Daytona Beach! Situated in a desirable location between the intracoastal waterway and the ocean, this unique property offers a 3-bedroom, 2-bath primary residence PLUS a separate 2-bedroom, 2-bath apartment above the detached two-car garage, both currently rented and generating income. The property has been updated while maintaining the character and charm of the original 1918 home. The main residence features updated flooring, countertops, bathrooms, plumbing and HVAC, along with its own interior laundry space. The main residence is being offered furnished and was previously outfitted for use as a vacation rental, making it well positioned for continued rental use. The separate apartment above the garage features two bedrooms, two full bathrooms and its own dedicated laundry room, providing an additional independent living space. Both residences are currently operated as 30-day minimum rentals, providing an attractive opportunity for an investor, an owner looking to occupy one residence while renting the other, or those seeking a flexible multi-generational setup. A shared driveway offers plenty of parking, while the detached two-car garage and separate storage shed add even more functionality. Conveniently located between the intracoastal waterway and the ocean and just minutes from the beach, this property puts you close to everything Daytona Beach has to offer, including the riverfront, dining, shopping, entertainment and popular area attractions. Whether used as an investment property, vacation retreat or primary residence with additional rental income, the location offers exceptional access to the best of the Daytona Beach lifestyle. Some photos may be virtually staged to illustrate the potential use and layout of the space.

Additional Information

Taxes
$8327
Minimum Lease
1 Month
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
02RP
Interior Layout
Ceiling Fans(s), Eat-in Kitchen, Window Treatments
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Window Treatments
Floor
Tile, Vinyl
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Heating
Electric
Air Conditioning
Central Air, Mini-Split Unit(s)
Fireplace Description
Wood Burning
Exterior Construction
Block, Frame
Exterior Features
None
Roof
Shingle
Foundation
Block
Pool
No Pool
Garage Carport
2 Car Garage
Garage Spaces
2
Flood Zone Code
X
Parcel ID
5305-01-26-0110
Legal Description
N 50 FT OF LOT 11 BLK 26 EAST DAYTONA MB 2 PG 106 PER OR 4768 PG 0415 PER OR 6140 PG 1066 PER OR 6233 PG 2847 PER OR 6333 PG 3540 PER OR 6333 PG 3541 PER OR 6764 PG 3464 PER OR 6819 PG 3314 PER OR 8332 PG 0403 PER OR 8633 PG 1905

Listing courtesy of LOCAL LIVING REALTY GROUP. 386-314-5458

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