




6 Beds
7 Baths
2,972 sqft
$407,900
16 S Grandview Avenue, Daytona Beach FL, 32118
Price per sqft$137.25
Built in1910
Property size2,972 sqft
Property typeMulti-family
Overview
Sold
Closed
Listed Jan 27, 2025
Updated Mar 17
HUGE OPPORTUNITY TO MAKE A KILLING! 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. 6 Beds 8 Baths. INCOME AT 3,225.00 PER MONTH EVEN WITH WITH 2 UNITS OWNER OCCUPIED. Walking distance to the Main Street Pier and Beach Access. With 100 occupancy rate (2 Units are owner occupied) this property is producing a NOI of 24,800.00 per year with plenty of room for easy increases. This prime piece of investment property offers One (1) One Bedroom - Two Bathroom Unit. Three (3) One Bedroom - One Bathroom Units and Four Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income Per Square Foot. 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. Inspection Report Done With No Major Repairs Needed.
Additional information
- MLS® ID
- 1123881
Interior Features
- Bedrooms
- 6
- Bathrooms
- 7
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.11 Acres
Other Property Details
- Taxes
- $4,278
- Tax Frequency
- Annually
- Garage
- Yes
Also listed on MFRMLS
Courtesy of LPT Realty, LLC, James McQueen,
Listing Contact:
Information is deemed reliable but not guaranteed. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.
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