424 Daytona Street, Daytona Beach, FL 32114

$830,000
5
BD
4
BA
2,880
SqFt

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List Price
$830,000
Status
Active
Days on Market
1
MLS#
V4950727
Property Style
Quadruplex
Year Built
1973
Bedrooms
5
Bathrooms
4
Living Area
2,880
Lot Size
8,960
Acres
0.21
Total Acreage
0 to less than 1/4
Building Name
The Boat House Apartament
Legal Subdivision Name
Gordon Court
MLS Area Major
Daytona Beach

Property Description

RARE 4-PLEX INVESTMENT OPPORTUNITY IN DAYTONA BEACH! Opportunities like this don’t come around often! Welcome to 424 Daytona St, a fully leased, income-producing 4-unit multifamily property offering the perfect combination of immediate cash flow, recent upgrades, and long-term investment potential. All four units are currently rented, allowing a new owner to step into an established income-producing property from day one. Even better, the property has already had the big updates taken care of. Appliances, A/Cs, flooring, and lighting were all updated approximately two years ago, and the roof is only about three years old. And the location? One of the best parts. Just steps off Beach Street, you can walk to restaurants, bars, shopping, baseball games, and more—all while being just minutes from the beach. The property is also convenient to Brown & Brown Insurance, transportation, major employment centers, and everything happening around Downtown Daytona Beach. With new luxury apartment development nearby and continued investment throughout the area, this location offers even more reason to be excited about its long-term potential. Whether you’re an experienced investor looking to add another cash-flowing property to your portfolio or a first-time buyer ready to get into multifamily real estate, this 4-plex deserves attention. Buyers using FHA or VA financing may also have the opportunity to explore an owner-occupied multifamily strategy, subject to lender and program requirements. 4 units. Fully leased. Recently renovated. 3-year-old roof. Steps from Beach Street. First Time Home Buyer - Or First Time Home Investors great news, this qualifies for FHA/VA!!! A true turnkey Daytona Beach investment opportunity in one of Central Florida’s most recognizable coastal communities. Don’t miss this one!

Additional Information

Taxes
$7547
Annual Gross Income
65400
Community Features
No Deed Restriction
Zoning
RESI
Interior Layout
Other
Interior Features
Other
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Concrete
Exterior Features
Other
Roof
Shingle
Foundation
Slab
Pool
No Pool
Pets
Allowed
Flood Zone Code
AE
Parcel ID
5338-37-00-0020
Legal Description
38-15-33 LOT 2 & E 40 FT OF LOT 3 GORDON COURT MB 6 PG 190 MB 18 PG 109 OF D D ROGERS DB C PG 700 MB 14 PG 110 INC PER OR 4178 PG 3672 PER OR 8420 PG 0937

Listing courtesy of OCEANS LUXURY REALTY FULL SVC. 386-236-3700

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