Active

$799,000

Features:
  • 9 Bedrooms
  • 5 Bathrooms
  • 3886 sq ft
Overview
  • ID: MFRNS1088114
  • Bedrooms: 9
  • Bathrooms: 5
  • Size: 3886 sq ft
Property Details
Remarks
Rare opportunity to own a solid concrete block 4-plex just minutes from the beach and the Hard Rock Hotel — fully occupied and generating $5,050/month in rental income. Built in 1968 with the durability that only CBS construction delivers, this well-maintained property features one spacious 3BD/2BA unit and three 2BD/1BA units, each with two private entries and its own locked storage unit. All leases are month-to-month with rents currently below market, giving a new owner immediate upside potential. Upper units enjoy private balcony areas, and Unit 3 offers a peek-a-boo ocean view. Additional income streams include an on-site coin laundry (~$200–$300/mo), a rentable one-car garage, and two covered parking spaces. Recent upgrades include 2020 impact windows, storm shutters, new copper A/C refrigerant lines, a new retaining wall, and an irrigation well. Unit 4 (3/2) is fully renovated with all-new vinyl plank flooring and new bathrooms. Units 1 and 2 feature beautiful, durable terrazzo floors. Ideal for the investor seeking immediate cash flow with room to grow, or the savvy buyer who wants to live in the updated 3/2 unit while three rentals help cover the mortgage. Private storage for every tenant, coin laundry on-site, and a coastal location that keeps demand strong year-round. Don't miss this one.
Financial Considerations
Price:
$799,000
HOA Fee:
N/A
Tax Amount:
$11158
Price per SqFt:
$205.61
Tax Legal Description:
LOT 2 BLK 33 EAST DAYTONA MB 2 PG 106 PER OR 5279 PGS 4337-4339 INC PER OR 6979 PGS 3556-3557 PER OR 8131 PG 0082 PER OR 8396 PG 3693
Exterior Features
Lot Size:
10500
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
9
Bathrooms:
5
Heating:
Central
Cooling:
Central Air
Appliances:
Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Carpet, Ceramic Tile, Luxury Vinyl, Terrazzo
Levels:
One
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1968
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, French Doors, Hurricane Shutters, Private Entrance, Storage
Additional Features 2:
N/A
Map
  • Address
    835 N GRANDVIEW AVE
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