Active

$830,000

Features:
  • 5 Bedrooms
  • 4 Bathrooms
  • 2880 sq ft
Overview
  • ID: MFRV4950727
  • Bedrooms: 5
  • Bathrooms: 4
  • Size: 2880 sq ft
Property Details
Remarks
RARE 4-PLEX INVESTMENT OPPORTUNITY IN DAYTONA BEACH! Opportunities like this don’t come around often! Welcome to 424 Daytona St, a fully leased, income-producing 4-unit multifamily property offering the perfect combination of immediate cash flow, recent upgrades, and long-term investment potential. All four units are currently rented, allowing a new owner to step into an established income-producing property from day one. Even better, the property has already had the big updates taken care of. Appliances, A/Cs, flooring, and lighting were all updated approximately two years ago, and the roof is only about three years old. And the location? One of the best parts. Just steps off Beach Street, you can walk to restaurants, bars, shopping, baseball games, and more—all while being just minutes from the beach. The property is also convenient to Brown & Brown Insurance, transportation, major employment centers, and everything happening around Downtown Daytona Beach. With new luxury apartment development nearby and continued investment throughout the area, this location offers even more reason to be excited about its long-term potential. Whether you’re an experienced investor looking to add another cash-flowing property to your portfolio or a first-time buyer ready to get into multifamily real estate, this 4-plex deserves attention. Buyers using FHA or VA financing may also have the opportunity to explore an owner-occupied multifamily strategy, subject to lender and program requirements. 4 units. Fully leased. Recently renovated. 3-year-old roof. Steps from Beach Street. First Time Home Buyer - Or First Time Home Investors great news, this qualifies for FHA/VA!!! A true turnkey Daytona Beach investment opportunity in one of Central Florida’s most recognizable coastal communities. Don’t miss this one!
Financial Considerations
Price:
$830,000
HOA Fee:
N/A
Tax Amount:
$7547
Price per SqFt:
$288.19
Tax Legal Description:
38-15-33 LOT 2 & E 40 FT OF LOT 3 GORDON COURT MB 6 PG 190 MB 18 PG 109 OF D D ROGERS DB C PG 700 MB 14 PG 110 INC PER OR 4178 PG 3672 PER OR 8420 PG 0937
Exterior Features
Lot Size:
8960
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
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:
Other
Additional Features 2:
Check with the city,
Map
  • Address
    424 DAYTONA ST
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