1060 3rd Street, Daytona Beach, FL 32117
$950,000
Property Type:
Residential Income
Bedrooms:
16
Square Footage:
7,296
Lot Size (sq. ft.):
23,958
Status:
Closed
Current Price:
$950,000
List Date:
9/17/2021
Last Modified:
9/23/2024
Overview
Description
Listing Details MLS# 1088642
General Property Information
- Number Of Units Total
- 8
- Bedrooms Total
- 16
- Living Area
- 5704
- Year Built
- 1972
- Lot Size Acres
- 0.55
- Association YN
- Yes
- Water Body Access YN
- No
- Directions
- Nova Rd to 3rd St
- Public Remarks
- TURNKEY WITH EXCELLENT TENANTS! This 8-unit apartment complex is made up of two concrete buildings with ample tenant parking in a central part of town close to everything. Each unit has 2 beds and 1 bath + nice sized living room and kitchen, independent electric AND water meters, central AC units (some new, none older than 8yrs), backyard space, and most units have been updated. There is a separate laundry area with coin-operated washer and dryer for some ancillary income. Agent is related to the owner.
- List Price/SqFt
- 170.93
- Sold Price/SqFt
- 166.55
- Association Fee 2
- 0
Property Features
Appliances:
Electric Range; Refrigerator
Construction Materials:
Block; Concrete
Cooling:
Central Air; Multi Units
Current Use:
Multi-Family
Owner Pays:
Grounds Care; Insurance; Taxes
Parking Features:
Parking Lot
Roof:
Other
Sewer:
Public Sewer
Tenant Pays:
Electricity; Water
Water Source:
Public
Contract Information
- Listing Contract Date
- 2021-09-16
- Property Sub Type
- Multi Family
Location Tax and Legal
- Street Number
- 1060
- Street Name
- 3rd
- Street Suffix
- Street
- County
- Volusia
- State
- FL
- Postal Code
- 32117
- Subdivision Name
- Magnolia Gardens
- MLS Area Major
- 35 - Mason to LPGA E of 95
Status Change Information
- Major Change Timestamp
- 2021-10-23T15:21:44Z
- Major Change Type
- Status Change
- Purchase Contract Date
- 2021-09-20
- Close Date
- 2021-10-22
- Close Price
- 950000
Income and Expenses
- Gross Income
- 6500
- Gross Scheduled Income
- 78000
- Net Operating Income
- 58618
More Information
Unit 1 Details
- Unit ID
- Yes
- Unit SqFt
- 713
- Full Baths Total
- Yes
- Actual Rent
- 0
Unit 2 Details
- Unit ID
- 5
- Actual Rent
- 900
- Unit SqFt
- 713
- Full Baths Total
- Yes
Unit 3 Details
- Unit ID
- 8
- Actual Rent
- 900
- Unit SqFt
- 713
- Full Baths Total
- Yes
Unit 4 Details
- Unit ID
- 2
- Actual Rent
- 925
- Unit SqFt
- 713
- Full Baths Total
- Yes
Unit 5 Details
- Unit ID
- 4
- Actual Rent
- 925
- Unit SqFt
- 713
- Full Baths Total
- Yes
Unit 6 Details
- Unit ID
- 6
- Actual Rent
- 925
- Unit SqFt
- 713
- Full Baths Total
- Yes
Unit 7 Details
- Unit ID
- 3
- Actual Rent
- 950
- Unit SqFt
- 713
- Full Baths Total
- Yes
Unit 8 Details
- Unit ID
- 7
- Actual Rent
- 975
- Unit SqFt
- 713
- Full Baths Total
- Yes
Historical Information
- Public Historical Remarks 1
- Meters: # Electric Meters: 9, # Water Meters: 9; Franchise Opt In: No
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 5237-13-00-0560
- Tax Annual Amount
- 4788
- Tax Year
- 2020
- Tax Legal Description
- LOT 56 MAGNOLIA GARDENS SEC 1 HOLLY HILL MB 23 PG 124 & ADJ VACATED TOMOKA RD & VAC PARK PER OR 4656 PGS 2131-2132 PER OR 6299 PGS 0530-0531
Currently Not Used
- Bedrooms Total
- 16
- Living Area Source
- Appraiser
- Building Area Total
- 7296
- Year Built
- 1972
- Carport YN
- No
- Pool Private YN
- No
Appliances
- Electric Range
- Yes
- Refrigerator
- Yes
Construction Materials
- Block
- Yes
- Concrete
- Yes
Cooling
- Central Air
- Yes
- Multi Units
- Yes
Current Use
- Multi-Family
- Yes
Owner Pays
- Grounds Care
- Yes
- Insurance
- Yes
- Taxes
- Yes
Parking Features
- Parking Lot
- Yes
Roof
- Other
- Yes
Sewer
- Public Sewer
- Yes
Tenant Pays
- Electricity
- Yes
- Water
- Yes
Water Source
- Public
- Yes
Listing Office:
Florida Beaches Real Estate Company
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.