Property Listing No Longer Available for Sale

A1A, DAYTONA BEACH, FL

Multi-family for Sale - $450,000


Property Info

CIMLS#1031869
Location
  A1A
  DAYTONA BEACH FL 32118
UpdatedNovember 13th, 2018
TypeMulti-family
Price$450,000

Property Description

6 unit apartment building for sale in Daytona Beach, Florida. Great location just across A1A from the beach. Well maintained older building with off street parking right out front. Most are longer term tenants, sometimes for many months or year at a time. Porch around the lower rooms provides nice ocean views. Walk across the street and you are on the sand. Bus stop nearby. Close to the boardwalk.

The rooms are efficiency units, with small kitchens, and come furnished making for an easy move in. It is a well located property that can create strong cash flow and is only steps from the beach.

The 6 unit apartment building is mostly studio and one bedroom apartments. The apartments are rented predominantly on a monthly basis and all 6 are full. They produce about $1K per month apiece, so the 6-plex brings in about $6K/month. It is a great site for potential vacation rentals.

The apartment building is for sale at $450K. Please, no brokers; we are not looking for someone to list it. If you are a realtor and have a specific buyer, we will pay you a 3% commission. Call (619)549-2417.


Financials

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