424 Daytona Street, Daytona Beach, FL 32114

$830,000

37 Photos

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!

424 Daytona Street | MLS# 1229686

This multi-family property located at 424 Daytona Street, Daytona Beach, FL 32114 is currently listed for sale with an asking price of $830,000. Search Daytona Beach real estate on www.soldbyloscalzo.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.20 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $7,546
Year Built: 1973
Square Feet: 2,880

Feature Descriptions

Appliances: Refrigerator, Electric Range
Days on Site: 23
Directions: Head South on W International Speedway Blvd, Turn left to N Ridgewood Ave, Make a right turn to Fairview Ave, Turn Right to Daytona St. House on the left
Exterior: Block, Cement Siding
Flooring: Tile
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot: Corner Lot
Lot Dimensions: 64.0 ft x 140.0 ft
Parcel #: 5338-37-00-0020
Parking: Parking Lot
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Road Frontage: City Street
Road Surface: Asphalt
Sewer: Public Sewer
SQFT Total: 3700
Units: 4
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public

Listed By / Shown By

Listed By

Agency Name: Oceans Luxury Realty Full Service LLC

Shown By

Agent Name: Marc Loscalzo
Agent Phone: (904) 473-9035
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 5,054.76 per month $4,183.84 Principal & Interest $628.83 Property Tax $242.08 Homeowner's Insurance

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