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$ 799,000

Est. payment | -/mo

5 Beds

5 Baths

3,700 SqFt

Save

$ 799,000

Est. payment | -/mo

Save

5 Beds

5 Baths

3,700 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,700 sqft

Price per Sqft $215

MLS Listing ID 1229686

Bedrooms 5

Full Baths 5

Year Built 1973

Annual Tax Amount $7,546

Acres 0.2

Lot Dimensions 64.0 ft x 140.0 ft

Property Sub-Type Quadruplex

Source Daytona Beach Area Association of REALTORS®

Property Description

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!

Location

State FL

County Volusia

Area 34 - Daytona Isb To Mason, E Of 95

Direction Head South on W International Speedway Blvd, Turn left to N Ridgewood Ave, Make a right turn to Fairview Ave, Turn Right to Daytona St. House on the left

Region Daytona Beach

City Region Daytona Beach

Rooms

Primary Bedroom Level One

Interior

Heating Central

Cooling Central Air

Flooring Tile

Appliance Refrigerator, Electric Range

Heat Source Central

Exterior

Parking Features Parking Lot

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Shingle

Road Frontage City Street

Garage No

Building

Lot Description Corner Lot

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Structure Type Block,Cement Siding

New Construction No

Others

Tax ID 5338-37-00-0020

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Listed by Cheryl Gray • Oceans Luxury Realty Full Service LLC

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(386) 264-3557

makolodzik@gmail.com

Learn More About LPT Realty

424 Daytona ST Daytona Beach, FL 32114