325 8th St

$925,000, 20 Beds 9,792 Sqft .32 Acres

About This Property

Excellent stabilized investment property. Professionally managed apartment building with historically 100% occupancy. Building is in excellent shape and has no deferred maintenance, 7 of the 12 units have been updated with new kitchens, vanities, doors, lighting fixtures and tile. Building is concrete block construction with shingle pitched roof, which is ideal for holding this building long term. 10 of the 12 units have all tile floors, 2 have a mix of tile and carpet. 8 units are 2 bed 1 bath units with a nice open kitchen living room concept. 4 units are 1 bed 1 bath units, that also feature a nice floor plan. Plenty of parking spots for the tenants. Building is located near public transportation and an ideal location near many sources of employment. Building is approximately 1600 feetfeet from the Halifax River, 6 minutes to the beach. The Daytona Beach area is home to numerous colleges and flight schools, all of which are in close proximity to this building, which provides for an increased number of potential tenants. Additional details and financials can be released with signed non-disclosure agreement.

Essential Information

MLS® #1059691
Price$925,000
Bedrooms20
Square Footage9,792
Acres0.32
Year Built1973
TypeMultifamily
Sub-Type5+ Units
StyleApartment Building
StatusActive

Community Information

Address325 8th St
Area35 - Mason to LPGA E of 95
SubdivisionPine Crest
CityHolly Hill
CountyVolusia
StateFL
Zip Code32117

Amenities

Utilities208/220 Volt Svc., 200 Amp
ParkingOff Street, Parking Lot

Interior

Interior FeaturesCable TV, Smoke Detector
AppliancesRange, Refrigerator
HeatingCentral, Electric
CoolingCentral, Multiple Units

Exterior

Exterior FeaturesCurb/Sidewalks
Lot Description13804
RoofComposition Shingle
ConstructionConcrete Block

Listing Details

Office24/7 Florida Realty

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© 2019 Daytona Beach Area Association of REALTORS®

Information Courtesy of Daytona Beach Area Association of REALTORS® Multiple Listing Service

IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and data is deemed reliable but is not guaranteed accurate by the MLS.

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