UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $288
Subdivision Gordon Court
MLS Listing ID V4950727
Bedrooms 5
Construction Status Completed
HOA Y/N No
Year Built 1973
Annual Tax Amount $7,547
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
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
Community Gordon Court
Area 32114 - Daytona Beach
Zoning RESI
Interior
Interior Features Other
Heating Central
Cooling Central Air
Fireplace false
Laundry Other
Exterior
Exterior Feature Other
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Construction Status Completed
Others
Pets Allowed Cats OK, Dogs OK, Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
NEARBY SCHOOL & BUSINESS
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