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Jose Mejia

jose@the-locals.org +1(727) 271-6900

$ 395,000

Est. payment -/mo

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Active

618 S PALMETTO AVE Daytona Beach, FL 32114

6 Beds

2 Baths

2,308 SqFt

UPDATED:

08/21/2024 10:14 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,308 sqft

Price per Sqft $171

Subdivision 3459 - Downtown Daytona Multi-Family

MLS Listing ID O6170721

Bedrooms 6

HOA Y/N No

Originating Board Stellar MLS

Year Built 1910

Annual Tax Amount $5,381

Lot Size 8,276 Sqft

Acres 0.19

Property Description

NEW ROOF! 7.9% CAP RATE. NOI is $31,200. This Charming Duplex is located in the heart of Daytona's Historic district on an oversized lot. Fully Occupied with a gross monthly rent of $3,350. Value Add opportunity with capitalizing on untapped income potential with renting the 2 car garage for a minimum of $700 total, $350 each side. 1st floor unit is 3 bedrooms 1 full bath featuring hardwood flooring throughout & freshly painted. Updated kitchen and the formal dining room has crown molding. The 3 bedrooms have large closets, the bathroom includes a walk-in tiled shower and claw foot tub. 2nd floor unit features 3 bed / 1 bath with brand new LVP flooring throughout & freshly painted. Both units have their own laundry area. Walking distance to the Halifax Harbor Marina

Location

State FL

County Volusia

Community 3459 - Downtown Daytona Multi-Family

Zoning MFR

Interior

Interior Features Ceiling Fans(s), Eat-in Kitchen

Heating Central, Electric

Cooling Wall/Window Unit(s)

Flooring Vinyl, Wood

Fireplace true

Laundry Other

Exterior

Exterior Feature Balcony, Sidewalk

Garage Spaces 2.0

Utilities Available Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected

Waterfront false

Roof Type Shingle

Attached Garage false

Garage true

Private Pool No

Building

Foundation Pillar/Post/Pier

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Stucco,Wood Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Listed by O'BRIEN REAL ESTATE LLC

Jose Mejia

Broker Associate | License ID: 3222624

+1(727) 271-6900

Jose Mejia

618 S PALMETTO AVE Daytona Beach, FL 32114

Key Details

Location

Interior

Exterior

Building

Others

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618 S PALMETTO AVE