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111 S Grandview Avenue, Daytona Beach, FL 32118

$675,000
Property Type: Residential Income Bedrooms: 7 Square Footage: 4,606 Lot Size (sq. ft.): 10,019 Status: Closed
Current Price: $675,000 List Date: 8/04/2023 Last Modified: 9/23/2024

Description

Income property steps from the World's Most Famous Beach! Zoned residential professional, located within the Main Street Redevelopment Zone and Surfside Village National Historic District. Currently being used as a multi-family rental property with 8 units and offers off street parking for 8+ vehicles! Zoning allows for many uses and lot offers road frontage on both S. Grandview Ave. as well as Harvey Ave. Close to Main St. & Boardwalk area, Ocean Center & the Band Shell. Property consists of 2 buildings, each has four units. Front building has four 1 bedroom/1 bathroom units. Carriage house in back has one 2 bedroom/1bathroom unit, one 1 bedroom/1bath unit and two efficiency units. Buildings passed recent State Inspection, has newer roofs & room for increased profitability.

More Information MLS# 1112330

Location, Tax, and Legal

Country: US Parcel Number: 5304-01-09-0150 Tax Annual Amount: 3813 Tax Year: 2022 Zoning Description: Other Tax Legal Description: LOT 15 & LOTS 16 & 17 EXC E 50 FT& EXC N 5 FT BLK 9 ROGERS SEABREEZE PER OR 4407 PG 0446 PER OR 5580 PG 3866

Currently Not Used

Bedrooms Total: 7 Living Area Source: Appraiser Building Area Total: 4606 Year Built: 1938 New Construction YN: No Carport YN: No Pool Private YN: No Parking Total: 8

General Property Information

Lot Size Acres: 0.23 Lot Size Dimensions: 10,330 Living Area: 4060 Number Of Units Total: 8 Association YN: Yes Association Fee 2: 0 Directions: From Main St. & S. Atlantic Ave head South 1 Block to Harvey Ave. make a Right then Left at S. Grandview Ave. Public Remarks: Income property steps from the World's Most Famous Beach! Zoned residential professional, located within the Main Street Redevelopment Zone and Surfside Village National Historic District. Currently being used as a multi-family rental property with 8 units and offers off street parking for 8+ vehicles! Zoning allows for many uses and lot offers road frontage on both S. Grandview Ave. as well as Harvey Ave. Close to Main St. & Boardwalk area, Ocean Center & the Band Shell. Property consists of 2 buildings, each has four units. Front building has four 1 bedroom/1 bathroom units. Carriage house in back has one 2 bedroom/1bathroom unit, one 1 bedroom/1bath unit and two efficiency units. Buildings passed recent State Inspection, has newer roofs & room for increased profitability. Water Body Access YN: No List Price/SqFt: 206.65 Sold Price/SqFt: 166.26 Bedrooms Total: 7 Year Built: 1938

Status Change Information

Contingent Date: 2024-01-29 Major Change Timestamp: 2024-05-24T17:33:13Z Major Change Type: Status Change Price Change Timestamp: 2023-09-26T16:15:25Z Purchase Contract Date: 2024-01-29 Close Date: 2024-05-24 Close Price: 675000

Appliances

Electric Range: 1 Refrigerator: 1

Construction Materials

Block: 1 Concrete: 1 Frame: 1

Cooling

Wall/Window Unit(s): 1

Current Use

Single Family: 1

Income and Expenses

Gross Income: 6050 Gross Scheduled Income: 72600

Lot Features

Corner Lot: 1

Owner Pays

Exterior Maintenance: 1 Gas: 1 Grounds Care: 1 Taxes: 1 Water: 1

Parking Features

Off Street: 1 Parking Lot: 1

Roof

Shingle: 1

Sewer

Public Sewer: 1

Tenant Pays

Cable TV: 1 Electricity: 1

Unit 1 Details

Unit ID: 1 Actual Rent: 700 Unit SqFt: 250 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Description: Efficiency, Parking Spaces: 1

Unit 2 Details

Unit ID: 1 Actual Rent: 750 Unit SqFt: 250 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Description: Efficiency, Parking Spaces: 1

Unit 3 Details

Unit ID: 1 Actual Rent: 900 Unit SqFt: 312 Beds Total: 1 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Parking Spaces: 1

Unit 4 Details

Unit ID: 1 Actual Rent: 1000 Unit SqFt: 550 Beds Total: 1 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Parking Spaces: 1

Unit 5 Details

Unit ID: 3 Actual Rent: 900 Unit SqFt: 550 Beds Total: 1 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Parking Spaces: 1

Unit 6 Details

Unit ID: 1 Actual Rent: 0 Unit SqFt: 868 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Parking Spaces: 2

Utilities

Natural Gas Available: 1

Water Source

Public: 1

Historical Information

Public Historical Remarks 1: Zoning (Text): RP; Meters: # Electric Meters: 7, # Gas Meters: 1, # Water Meters: 1; Road Frontage: 140; Depth: 100; Financial Pkg: No; Homestead Exempt: Yes; Franchise Opt In: Yes

Contract Information

Current Price: $675,000 Sold Price: $675,000 Status: Closed Listing Contract Date: 2023-08-04 Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 111 Street Direction Prefix: S Street Name: Grandview Street Suffix: Avenue County: Volusia State: FL Postal Code: 32118 Subdivision Name: Rogers Seabreeze MLS Area Major: 14 - Daytona Peninsula S of Seabreeze

Property Features

Appliances: Electric Range; Refrigerator Construction Materials: Block; Concrete; Frame Cooling: Wall/Window Unit(s) Current Use: Single Family Lot Features: Corner Lot Owner Pays: Exterior Maintenance; Gas; Grounds Care; Taxes; Water Parking Features: Off Street; Parking Lot Roof: Shingle Sewer: Public Sewer Tenant Pays: Cable TV; Electricity Utilities: Natural Gas Available Water Source: Public
Listing Office: RE/MAX Signature
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.

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