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16 S Grandview Avenue, Daytona Beach, FL 32118
$499,999
16 S Grandview Avenue, Daytona Beach, FL 32118View this property at 16 S Grandview Avenue, Daytona Beach, FL 32118
16 S Grandview AvenueDaytona BeachFL32118
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Property Description
HUGE OPPORTUNITY! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 7 unit Multi-Family property that could be your next cash cow. Walking distance to the Main Street Pier and Beach Access. With a 70% occupancy rate this property is still producing a NOI of $22,0000 per year with plenty of room for easy increases. This prime piece of investment property offers Three (3) One Bedroom - One Bathroom Units and Four Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income. A truly turnkey property that has plenty of income potential that has yet to be tapped into. Not In A Flood Zone And Did Great With The Hurricanes. 2018 Updated Roof. Each Unit Is Air Conditioned Via Window Unit. A Pre-Listing Inspection Has Been Performed Without Any Major Repairs Needed. Solid electrical and plumbing. Invest into a growing Area In Florida. Long term tenants are in place and have been in place for multiple years. Owner occupies two units and will be an opportunity for instant income increase. Monthly leases are in place for maximum flexibility for the new owner to do any wanted renovations. However tenants are in place now for instant return on investment.This is the multi family property you've been waiting to acquire to your investment portfolio! 70K Per Door. Call today to inquire more information.
Full Property Details
Full Property Details for 16 S Grandview Ave
General
- Price: $499,999
- Taxes: $4,278 (2023)
- Status: Active
- Type: Commercial Multi-Family
- MLS ID: NS1081584
- Updated: 5/21/2024
- Added to Site: 14 day(s) ago
Parking
- Parking Features: 1 to 5 Spaces
Location
- Area: 32118 - Daytona Beach/Holly Hill
- County: Volusia
- Development Name: 32118 - Daytona Beach/Holly Hill
- Subdivision: ROGERS SEABREEZE
- Driving Directions: TAKE INTERNATIONAL SPEEDWAY TO GRANDVIEW TURN LEFT.
Community
- Community Name: 32118 - Daytona Beach/Holly Hill
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame, Wood Siding
- Basement Desc.: Crawl Space
- Square Feet: 2,972
- Sq. Ft. Source: Public Records
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 5,000
- Lot Size: 5000
- Frontage: Access Road, Alley, City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $4,278
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Sole Proprietor
- Special Conditions: None
- Legal Description: LOT 5 BLK 11 ROGERS SEABREEZE PER OR 3987 PG 0600
- Flood Zone Info: 125099
- Disclosures/Reports: Lead Paint, Seller Property Disclosure
- APN: 530401110050
- Property ID: 530401110050
- Block/Lot/Section: 11
Listed by Lpt Realty
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Schools
Schools serving 16 S Grandview Ave
School District:Volusia County School District
Rating | Name | Grades | Distance |
---|---|---|---|
2745 S Peninsula Dr, Daytona Beach, FL 32118 | PK-5 | 3.6 mi | |
625 S Keech St, Daytona Beach, FL 32114 | 6-8 | 2.5 mi | |
1255 W Intl Speedwy Blvd, Daytona Beach, FL 32114 | 9-12 | 3.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16 S Grandview Ave
Date
Details
Price
Change
Source
5/20/2024
Listed
$499,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16 S Grandview Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,278
67%
$245,325
54%
2021
$2,567
-34%
$159,206
-26%
2022
$3,895
52%
$214,318
36%
2021
$2,567
20%
$157,752
20%
2019
$2,136
—
$131,080
3%
2018
$2,145
46%
$127,385
35%
2017
$1,469
32%
$94,283
2%
2016
$1,114
-4%
$92,344
1%
2015
$1,155
—
$91,702
1%
2014
$1,150
1%
$90,974
1%
2013
$1,134
—
$89,630
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16 S Grandview Ave
16 S Grandview Avenue, Daytona Beach, FL 32118 (MLS# NS1081584) is a Commercial Multi-Family property. 16 S Grandview Avenue is currently listed for $499,999 and was received on May 20, 2024. Want to learn more about 16 S Grandview Avenue? Do you have questions about finding other Commercial Multi-Family real estate for sale in Daytona Beach? You can browse all Daytona Beach real estate or contact a Coldwell Banker agent to request more information.