Active

$960,000

Features:
  • 11 Bedrooms
  • 8 Bathrooms
  • 5194 sq ft
Overview
  • ID: MFRTB8396339
  • Bedrooms: 11
  • Bathrooms: 8
  • Size: 5194 sq ft
Property Details
Remarks
Crosscreek Apartments, is a 8-unit multifamily investment located at 601 State Ave, Daytona Beach, Florida. Built in 1973, the property spans 5,194 square feet on a 0.14-acre lot, offering a turnkey opportunity with immediate upside potential through rental increases. The unit mix includes three 2-bedroom/1-bath units and five 1-bedroom/1-bath units, catering to a wide range of renter profiles. All units are equipped with central air conditioning and separately metered electric, while the landlord is responsible for city water, sewer, and trash services. The property is constructed with block exterior walls on slab foundations, ensuring long-term durability and reduced maintenance. Strategically located in the heart of Daytona Beach, the property is surrounded by major thoroughfares, employment centers, and coastal amenities, making it a desirable location for tenants and a promising value-add opportunity for investors.
Financial Considerations
Price:
$960,000
HOA Fee:
N/A
Tax Amount:
$9158
Price per SqFt:
$184.83
Tax Legal Description:
LOT 76 PINE CREST ADD HOLLY HILL MB 6 PG 56 PER OR 4665 PG 1288 PER OR 7901 PG 2079 PER OR 7901 PG 4177
Exterior Features
Lot Size:
6161
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
11
Bathrooms:
8
Heating:
Electric
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1973
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony
Additional Features 2:
N/A
Map
  • Address
    601 STATE AVE
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