Daytona Beach, FL 32114 547 Division St

Pending
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Presented By: This listing is courtesy of One Key Realty;
  • MLS# A11609028
  • 07/24/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 3
  • Baths • 2
  • SQFT • 1,101

Home Details

Investor Alert! Consider this fix-and-flip or fix-and-hold opportunity, yielding $2,052/month as per HUD (Section 8) for a single-family residence. With Section 8, expect a 15% annual increase in rental income. A three-bedroom, two-bathroom house in Daytona Beach presents an excellent rehab prospect. Offered at $93.81/sq ft, the property's estimated ARV post-renovation stands at $225,000. It requires a new roof (see attached estimate) and has an encroachment issue (see attached survey). Estimated repairs are $40,000, with a total investment of $140,000, leading to $85,000 of instant equity. Terms are cash only, and the encroachment will remain. Anticipate a 10% cap rate on your investment or opt for refinancing and cash out. This is a unique opportunity to become involved.
Presented By: This listing is courtesy of One Key Realty;

Interior Features for 547 Division St

Bedrooms

Total Bedrooms3

Bathrooms

Total Baths2

Other Interior Features

LivingAreaSourceOwner
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
FlooringOther
Furnished Y/NUnfurnished
Heating Y/NYes

Other Rooms

General for 547 Division St

Additional Parcels Y/NNo
AppliancesNone
Architectural StyleDetached, OneStory
Attached Garage No
Carport Spaces1.0
Carport Y/NYes
Community FeaturesStreetLights, Sidewalks
ContingencyOther
CoolingCentralAir, Electric, None
CountyVolusia
Days on Market8
Directionsplease see gps
DisclosuresOwnerIsListingAgent
Electric On Property Y/NNo
Exterior FeaturesNone
Facing DirectionWest
Full Baths2
Garage Spaces0.0
Garage Y/NNo
HeatingCentral, Electric
Home Owner AssocNo
Home Warranty Y/NNo
Housing Older Persons ActNo HOPA
Interior FeaturesBedroomOnMainLevel, FirstFloorEntry
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionS 25 FT OF LOT 18 & INC N 15 FT OF LOT 10 & N 23 FT OF LOT 1 1 BLK 5 SUB LOTS 4 & 5 BLK 27 DAYTONA MB 15 PG 133 PER OR 49 22 PGS 2225-2226 P
Lot Size UnitsSquareFeet
MLS Area5940 Florida Other
MLS Area MinorOther Geographic Area (Out Of Area Only)
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeVacant
Percent OwnershipCorporation
Pets AllowedNoPetRestrictions, Yes
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityDaytona
Private PoolNo
Property ConditionFixer
Property Sub Type AdditionalSingleFamilyResidence
Property SubTypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
RestrictionsNoRestrictions, OkToLease
RoofOther
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsListedAsIs
Standard StatusPending
StatusPending
Stories1
Subdivision NameDaytona
Tax Annual Amount1077.0
Tax Year2023
TermsCash
Total Rooms0
UtilitiesCableAvailable
ViewGarden
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1929
Year Built DetailsResale
Zoning DescriptionRes

Exterior for 547 Division St

Covered Spaces1.0
Crops Included Y/NNo
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanQuarterAcre
Open Parking Y/NNo
Parking FeaturesAttachedCarport, Covered, Driveway, RvAccessParking
SpaNo
Water SourcePublic

Additional Details

Price History

Worth Clark

Price $100,000
MLS#A11609028
List Date 07/24/2024
Property Type Pending
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