$850,000

424 Daytona Street Daytona Beach, FL 32114 Multi Unit - Multiple Active

  • 424 Daytona Street, Daytona Beach, FL 32114 Main Photo

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Description

ncome-Producing Renovated 4-Plex in Revitalizing AreaExcellent investment opportunity with this fully renovated 4-unit multi-family property located in a rapidly improving area. The property features stable leases already in place, providing immediate rental income for investors.The building includes three 1-bedroom / 1-bath units and one spacious 2-bedroom / 2-bath unit, all updated and well maintained.Ideally situated close to Beach Street, the Halifax River, and the bus station, the location offers convenience for tenants and strong rental demand. Major employers such as Brown & Brown are also nearby.The surrounding neighborhood is undergoing significant revitalization, with new luxury apartment developments across the street, which is expected to further enhance property values and long-term appreciation.With an excellent rental market and strong growth potential, this property is perfect for investors seeking immediate cash flow and future upside.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Lot Size: 0.20 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $7,546
Year Built: 1973

General Information

Sqft: 2,880
County: Volusia
Subdivision: GORDON COURT
Listed By:
Laurie Hughes COLLADO REAL ESTATE 386-427-0002

Amenities

Ceiling Fans(s)
Kitchen/Family Room Combo
Primary Bedroom Main Floor
Lighting

Property Features

Annual Net Income: 44260.00
Days on Site: 29
Directions: Located on the Corner of Daytona Street and Michigan Avenue in Downtown Daytona Beach, Florida.
Exterior: Block, Concrete
Flood Zone Code: X500
Flooring: Ceramic Tile, Laminate
Foundation: Block, Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.2
Ownership: Fee Simple
Parking: Common
Parking Notes: Common
Property Attached Y/N: Yes
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent
Special Sale Provisions: None
Units: 4
Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R
$850,000
2,880sqft
Active
BEDS0 BATHS SQUARE FEET2,880 MLS#NS1087000
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGORDON COURT

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424 Daytona Street, Daytona Beach, FL 32114.

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Estimated Payment

$ 3,743.66 per month $2,866.91 Principal & Interest $628.83 Property Tax $247.92 Homeowner's Insurance

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