Residential Property - Single Family Residence in Daytona Beach
Listing Price: $225,000
Description of Property
This property offers a remarkable approximate 14% annual ROI. Currently operating as a residential income duplex, it is also grandfathered for commercial use. The front unit features 2 bedrooms, 1 bath, and an open kitchen/living area, while the back unit includes 1 bedroom, 1 bath, a spacious living area, and a kitchen. One unit is currently rented, with the second unit recently vacated. Combined, the units generate a gross monthly income of $2,000, or $24,000 annually. Both units have been recently renovated, with upgrades to the HVAC, roof, flooring, water heater, walls, doors, and fixtures. The property offers two separate driveways for parking on the east side, along with a large parking area on the west side, accessible via Edwards Street. With its commercial zoning, this property offers flexible opportunities for various uses, such as residential income, conversion to commercial office space for additional income, or as a primary residence or commercial establishment. Don't miss this exceptional investment opportunity!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Daytona Beach
County: Volusia
Subdivision: Frst Park
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,318
Sq. Ft. Living Area: 1,216
Cost per (heated) sqare foot: $185
Year built: 1950
Annual Tax: $1,684
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Range, Refrigerator
Accessibility Features:
Fireplace: Yes
Fireplace Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring:
- Carpet
- Slate
- Tile
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Concrete
Foundation: Slab
Roof: Shingle
Exterior Features: Garden
Parking Features:
Floors Total:
Floors in Unit: Multi/Split
Cooling: Central Air, Wall/Window Unit(s)
Heating & Fuel: Central, Wall Units / Window Unit
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
Lot Size (acres): 0.4
Lot Size (sq. ft.): 7,813 square feet
Front Exposure: East
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 533860000060
Zoning: RES
Tax Legal Desc.: LOT 6 FOREST PARK BLK 16 KINGSTON MB 19 PG 17 PER OR 5143 PG 0174 PER OR 6529 PG 3888 PER OR 6565 PG 2319 PER OR 7754 PG 1062 PER OR 7754 PG 3594 PER OR 8371 PG 3105
Section: 38
Range: 33
Listing courtesy of EXP REALTY LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This 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. The data is deemed reliable but is not guaranteed accurate by the MLS.
