Kathleen Gongwer - Coldwell Banker Coast
13 S Oleander Avenue
Daytona Beach, FL 32118

Description

Better Hurry!!! Beachside money making investment property! Real 14% CAP rate! Priced to move at under $100 per sq/ft. Walk to the beach! Currently licensed and rented as a seven room rental. Many long term tenants. Some pay weekly, some bi-weekly, and some monthly. Manager on site. Has different size and layouts. Three common restrooms and 2 kitchens. Rooms have a mini fridge and microwave. Four rooms have their own access. Good location on the beachside within walking distance to the beach, bandshell, pier, boardwalk, Ocean Center, and more. The property has been operated the way it is for a long time. If you prefer the property could likely be converted into a duplex or triplex for annual rentals.

Details

MLS#1046798
Sub-TypeResale
StatusActive
Year1936
Days On Site63

Features

SQ Feet2,279
Units6
Building(s)1

Market Activity 32118

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Area Information

StateFL
CountyVolusia
CityDaytona Beach
Zip Code32118
Area14 - Daytona Peninsula S of Seabreeze
Listing VS Median (in 32118)
Price:
$199,900
low | high
Med:
$224,900
37.493746873437% of Average
SqFt:
2,279
low | high
Med:
874
100% of Average
$ / SqFt:
$88
low | high
Med:
$257
100% of Average
On Site:
63
low | high
Med:
133
47.368421052632% of Average
Listing Updated: 10/16/2018
MLS Number: 1046798
Listing Provided By:
Greg Antonich  of  RE MAX Signature