UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $224
MLS Listing ID 1229686
Bedrooms 5
Full Baths 4
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
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
NEARBY SCHOOL & BUSINESS
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