Daytona Beach, FL 32118 16 S Grandview Avenue

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Presented By: LPT Realty, LLC
  • MLS# 1123881
  • 05/20/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 7
  • SQFT • 2,972
  • Garage • 1

Home Details

HUGE OPPORTUNITY! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 7 unit Multi-Family property that could be your next cash cow. Walking distance to the Main Street Pier and Beach Access. With a 70% occupancy rate (2 Units Are Owner Occupied) this property is still producing a NOI of $22,0000 per year with plenty of room for easy increases. This prime piece of investment property offers Three (3) One Bedroom - One Bathroom Units and Four Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income. A truly turnkey property that has plenty of income potential that has yet to be tapped into. Not In A Flood Zone And Did Great With The Hurricanes. 2018 Updated Roof. Each Unit Is Air Conditioned Via Window Unit. Pre-Inspection Done.
Presented By: LPT Realty, LLC

Interior Features for 16 S Grandview Avenue

Bedrooms

Total Bedrooms7

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourceAppraiser
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo

General for 16 S Grandview Avenue

AppliancesRefrigerator, Dishwasher
Attached Garage No
Carport Y/NNo
CityDaytona Beach
Construction MaterialsFrame
CoolingWall/Window Unit(s)
CountyVolusia
Current UseSingle Family
Days on Market38
DirectionsTAKE INTERNATIONAL SPEEDWAY TO GRANDVIEW AND TURN LEFT
ElectricFuses
Exterior FeaturesBalcony
Garage Y/NYes
Gross Income3225.0
HOA / Comm AssnNo
HOA Fee 20.0
Home Warranty Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLOT 5 BLK 11 ROGERS SEABREEZE PER OR 3987 PG 0600
Lot Size Square Feet4791.6
Lot Size UnitsAcres
MLS Area14 - Daytona Peninsula S of Seabreeze
MLS Area Minor14 - Daytona Peninsula S of Seabreeze
MobileHomeRemainsYNNo
ModificationTimestamp2024-06-27T16:46:27Z
Net Operating Income21828.0
New ConstructionNo
NumberOfUnitsTotal7
OwnerPaysElectricity, Exterior Maintenance, Gas, Grounds Care, Hot Water, Pest Control, Taxes, Trash Collection, Water
Property SubTypeMulti Family
Property TypeResidential Income
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameRogers Seabreeze
Tax Annual Amount4278.0
Tax Year2023
Tenant PaysCable TV
View Y/NNo
Waterfront Y/NNo
Year Built1910

Exterior for 16 S Grandview Avenue

Building Area Total2972.0
Crops Included Y/NNo
FencingFenced
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot
Lot Size Acres0.11
Lot Size Area0.11
Open Parking Y/NNo
Parking FeaturesParking Lot
SpaNo
Total Parking5.0
Water SourcePublic

Additional Details

Price History

Worth Clark

Price $499,999
MLS#1123881
List Date 05/20/2024
Property Type Income
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