900 S Peninsula DR, Daytona Beach, FL 32118
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Joshua Billings

Joshua Billings

+1(727) 221-6830
$ 2,350,000
Est. payment /mo
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Active

900 S Peninsula DR Daytona Beach, FL 32118

18 Baths

1.38 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID R11094772

HOA Fees $7,494/ann

HOA Y/N No

Year Built 1972

Annual Tax Amount $23,293

Tax Year 2023

Lot Size 1.380 Acres

Acres 1.38

Property Sub-Type Multi Family

Property Description

Opportunity to acquire 18 units value-add in a 39-unit building under $150 per sq.ft. Currently at 6% cap with substantial upside. Waterfront property with immediate access to premier beaches and a private boat dock. All units are 2BR 1BA with central AC. New roofs - replaced in 2019. Concrete block product throughout.
Situated in the heart of Daytona Beach, this property provides easy access to local attractions, dining establishments, shopping destinations and hospitals. Daytona Beach with its International Airport and vibrant atmosphere is a bustling city with year-round festivals and events, notably the iconic Daytona 500 NASCAR race.

Location

State FL

County Volusia

Area 5940 - Other Florida County

Zoning 0400 - CONDO

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Carpet, Tile

Fireplace No

Exterior

Water Access Desc Public

Roof Type Concrete

Building

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Others

Tax ID 530958000250

Security Features Fire Alarm

Acceptable Financing Cash, Conventional, Trade

Listing Terms Cash, Conventional, Trade

BeachesMLS, Inc. (FLR) IDX
Listed by Roman Fischer FPB Investment Properties, Inc
Joshua Billings

Joshua Billings

Mortgage Loan Officer, Sales Associate & Veteran | License ID: NMLS 2738664

+1(727) 221-6830

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900 S Peninsula DR