16 South Grandview Avenue

Daytona Beach, FL 32118

$499,999
Price
—
Beds
2,972 Sq. Ft.
$168 / Sq. Ft.
2,972
Sq. Ft.
$168
per Sq. Ft.

Description

Huge opportunity to make a killing! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 6 unit Multi-Family property that could be your next cash cow. 6 Beds 8 Baths. Income at 3,225.00+ per month even with 2 units owner occupied. Opportunity to double rents immediately. Walking distance to the Main Street Pier and Beach Access. With 100 occupancy rate (2 Units are owner occupied) this property is producing a NOI of 24,800.00 per year with plenty of room...Huge opportunity to make a killing! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 6 unit Multi-Family property that could be your next cash cow. 6 Beds 8 Baths. Income at 3,225.00+ per month even with 2 units owner occupied. Opportunity to double rents immediately. Walking distance to the Main Street Pier and Beach Access. With 100 occupancy rate (2 Units are owner occupied) this property is producing a NOI of 24,800.00 per year with plenty of room for easy increases. This prime piece of investment property offers One (1) One Bedroom - Two Bathroom Unit. Three (3) One Bedroom - One Bathroom Units and Four Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income Per Square Foot. A truly turnkey property that has plenty of income potential that has yet to be tapped into. Not In A Flood Zone And Did Great With The Hurricanes. 2018 Updated Roof. Each Unit Is Air Conditioned Via Window Unit. A Pre-Listing Inspection Has Been Performed Without Any Major Repairs Needed. Unit is on One Electric Meter. Solid electrical and plumbing. Invest into a growing Area In Florida. Long term tenants are in place and have been in place for multiple years. Owner occupies two units and will be an opportunity for instant income increase. Monthly leases are in place for maximum flexibility for the new owner to do any wanted renovations. However tenants are in place now for instant return on investment. This is the multi family property you've been waiting to acquire to your investment portfolio! 70K Per Door. Call today to inquire more information.
  1. Listed by James McQueen • LPT REALTY

Property Details for 16 South Grandview Avenue

Subdivision Name
ROGERS SEABREEZE
Township
15
Waterfront
No
LISTING UPDATED: 11/17/2024 08:45 AM

Property Details for 16 South Grandview Avenue

StatusActive
MLS #NS1081584
Days on Market94
Taxes$4,278 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family
Year Built1910
Lot Size0.11 AC / 5,000 SF
CountyVolusia County

Building Information for 16 South Grandview Avenue

Stories-Residences-Year Built1910Building Size-Lot Size0.11 AC / 5,000 SF

Property Information for 16 South Grandview Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2972.0
  • Building Area Units: Square Feet
  • Directions: TAKE INTERNATIONAL SPEEDWAY TO GRANDVIEW TURN LEFT.
  • Mls Major Change Type: Back On Market
  • Major Change Type: Back On Market
  • Listing Service: Full Service
  • Road Frontage Type: Access Road, Alley, City Street
  • Unit Number: No
  • Street Number: 16
  • Street Direction Prefix: S
  • Street Name: GRANDVIEW
  • Street Suffix: AVENUE
  • State: FL
  • City: DAYTONA BEACH
  • Between US 1 River YN: Yes
Parking
  • Parking Features: 1 to 5 Spaces
Taxes and HOA Information
  • Tax Block: 11
  • Tax Book Number: MB14-80
  • Tax Legal Description: LOT 5 BLK 11 ROGERS SEABREEZE PER OR 3987 PG 0600
  • Tax Lot: 5
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: N/A
  • Additional Parcels: Yes
  • Parcel Number: 5304-01-11-0050
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: 02BR1
  • Living Area: 2972
Property and Assessments
  • Year Built Numeric: 1910
  • Flood Zone Code: 125099
  • Flood Zone Date: 09-29-2017
  • Flood Zone Panel: 12127C0357J
  • Net Operating Income: $21,828
  • New Construction: No
  • Number Of Lots: 1
  • Property Condition: Completed
  • Public Survey Range: 33
  • Public Survey Section: 04
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Wood Siding
  • Foundation Details: Slab
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $13,872
  • Annual Income Type: Actual

Property History for 16 South Grandview Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16 South Grandview Avenue

Taxable ValueLand$73,600Additions$171,725Total$245,325
Tax Record2023$4,278 ($357 / month)
Home Facts
Baths4.5Total Finished SqFt2,972 SqFtAbove Grade Finished SqFt2,972 SqFtStories1Lot Size5,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1910Year Renovated1990ZoningBR1CountyVOLUSIAAPN5304-01-11-0050

Schools near 16 South Grandview Avenue

This home is within Volusia.
Rating
School
Type
Grades
Distance
R. J. Longstreet Elementary School
Public - PK to 5
Campbell Middle School
Public - 6 to 8
Mainland High School
Public - 9 to 12
Riverview Learning Center
Public - K to 12
Rating
School
Distance
R. J. Longstreet Elementary School
PublicPK to 5

Campbell Middle School
Public6 to 8

Mainland High School
Public9 to 12

Riverview Learning Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 16 South Grandview Avenue, Daytona Beach, FL 32118

16 South Grandview Avenue is a multi-family home for sale in Daytona Beach, FL 32118. This property was listed for sale on May 20, 2024 by LPT REALTY, it's currently listed at $499,999. This listing's school district is Volusia. Nearby schools include R. J. Longstreet Elementary School, Campbell Middle School and Mainland High School. 16 South Grandview Avenue is a 0-bed, 0-bath, 2,972 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LPT REALTY, James McQueen

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/17/2024 08:45 AM