111 S Grandview Avenue, Daytona Beach, FL 32118 (MLS# 1112330)

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

Overview

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.

Listing Details MLS# 1112330

General Property Information

Number Of Units Total: 8
Bedrooms Total: 7
Living Area: 4060
Year Built: 1938
Lot Size Acres: 0.23
Lot Size Dimensions: 10,330
Association YN: Yes
Water Body Access YN: No
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.
List Price/SqFt: 206.65
Sold Price/SqFt: 166.26
Association Fee 2: 0

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

Contract Information

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

Status Change Information

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

Income and Expenses

Gross Income: 6050
Gross Scheduled Income: 72600

More Information

Unit 1 Details

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

Unit 2 Details

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

Unit 3 Details

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

Unit 4 Details

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

Unit 5 Details

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

Unit 6 Details

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

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

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

Appliances

Electric Range: Yes
Refrigerator: Yes

Construction Materials

Block: Yes
Concrete: Yes
Frame: Yes

Cooling

Wall/Window Unit(s): Yes

Current Use

Single Family: Yes

Lot Features

Corner Lot: Yes

Owner Pays

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

Parking Features

Off Street: Yes
Parking Lot: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Utilities

Natural Gas Available: Yes

Water Source

Public: Yes

Listing Office: RE/MAX Signature

Last Updated: September - 23 - 2024

Information deemed reliable but not guaranteed.

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