Address: 115 Grandview Avenue, Daytona Beach, FL 32118
Description
INVESTOR ALERT! 2700 HEATED SQUARE FEET! Rare opportunity to own an apartment building just one block from the beach at 115 S Grandview, Daytona Beach! This property is perfectly positioned near shopping and dining, offering convenience and a fantastic coastal lifestyle. The building is well maintained and comprises a mix of units: one 2 bedroom, two 1 bedrooms, and one studio. All units have been remodeled, with the top two featuring full tiling, updated bathrooms, and modern kitchens. The lower level units boast vinyl flooring, renovated kitchens and bathrooms, new light fixtures, and ceiling fans. Each unit is equipped with two window A/C units. With four electric meters in place, tenants cover their own electricity costs. The building has a brand new roof for added peace of mind.
Important Note on Square Footage:
While the property is licensed as a quad, counting the two bottom/back units (one 1 bedroom and one studio), it is zoned as a single family dwelling, which exc square footage count. Officially listed at 1,800 sq ft, the usable space actually totals an impressive 2,700 sq ft. This discrepancy highlights typical local zoning complexities but speaks to the true potential of this property. Don't miss out on this prime investment opportunity!
INVESTOR ALERT! 2700 HEATED SQUARE FEET! Rare opportunity to own an apartment building just one block from the beach at 115 S Grandview, Daytona Beach! This property is perfectly positioned near shopping and dining, offering convenience and a fantastic coastal lifestyle. The building is well maintained and comprises a mix of units: one 2 bedroom, two 1 bedrooms, and one studio. All units have been remodeled, with the top two featuring full tiling, updated bathrooms, and modern kitchens. The lower level units boast vinyl flooring, renovated kitchens and bathrooms, new light fixtures, and ceiling fans. Each unit is equipped with two window A/C units. With four electric meters in place, tenants cover their own electricity costs. The building has a brand new roof for added peace of mind.
Important Note on Square Footage:
While the property is licensed as a quad, counting the two bottom/back units (one 1 bedroom and one studio), it is zoned as a single family dwelling, which exc square footage count. Officially listed at 1,800 sq ft, the usable space actually totals an impressive 2,700 sq ft. This discrepancy highlights typical local zoning complexities but speaks to the true potential of this property. Don't miss out on this prime investment opportunity!
Features
Finance and Tax Information
Possible terms: Cash, Conventional, Private Financing Available
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