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112 N Peninsula Drive, Daytona Beach, FL 32118

$657,000
Property Type: Residential Income Bedrooms: 5 Square Footage: 3,616 Lot Size (sq. ft.): 6,534 Status: Closed
Current Price: $657,000 List Date: 9/16/2020 Last Modified: 5/04/2025

Description

Beautiful 4 unit short-term approved vacation rental complex walking distance to the Daytona Beach Convention Center, Boardwalk, Peabody Auditorium and the world's most famous beach! This gorgeous structure was totally remodeled in 2019 from new electrical to plumbing, drywall, flooring, ect! Too many updates to list! The roof was installed in 2018. 3 units consist of one bedroom, one bath with a full size open kitchen and living room. The fourth unit is a two-bedroom one-bath, full size open kitchen and living room. Both floors have plenty of entertaining space inside and out and each unit comes with a stackable washer and dryer. Units are on separate electric and air-conditioning/heat. On-site parking for four vehicles plus permitted street parking.

More Information MLS# 1075629

Location, Tax, and Legal

Country: US Parcel Number: 5305-08-13-0052 Tax Annual Amount: 1729 Tax Year: 2019 Tax Legal Description: N 50 FT OF W 1/2 OF LOT 5 BLK 13 MEMENTO PER OR 2187 PG 1088 PER OR 7483 PG 4931

Currently Not Used

Bedrooms Total: 5 Living Area Source: Appraiser Building Area Total: 3616 Year Built: 1958 New Construction YN: No Garage YN: No Carport YN: No Pool Private YN: No

General Property Information

Lot Size Acres: 0.15 Lot Size Dimensions: 6750 Living Area: 3000 Number Of Units Total: 4 Association YN: Yes Association Fee 2: 0 Directions: From A1A, turn onto Auditorium Blvd to Peninsula. Right on Peninsula. Property on right. Public Remarks: Beautiful 4 unit short-term approved vacation rental complex walking distance to the Daytona Beach Convention Center, Boardwalk, Peabody Auditorium and the world's most famous beach! This gorgeous structure was totally remodeled in 2019 from new electrical to plumbing, drywall, flooring, ect! Too many updates to list! The roof was installed in 2018. 3 units consist of one bedroom, one bath with a full size open kitchen and living room. The fourth unit is a two-bedroom one-bath, full size open kitchen and living room. Both floors have plenty of entertaining space inside and out and each unit comes with a stackable washer and dryer. Units are on separate electric and air-conditioning/heat. On-site parking for four vehicles plus permitted street parking. Water Body Access YN: No List Price/SqFt: 266.67 Sold Price/SqFt: 219 Bedrooms Total: 5 Year Built: 1958

Status Change Information

Contingent Date: 2021-02-09 Major Change Timestamp: 2021-04-26T18:20:34Z Major Change Type: Status Change Purchase Contract Date: 2021-02-09 Close Date: 2021-04-26 Close Price: 657000

Appliances

Dishwasher: 1 Dryer: 1 Electric Range: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Construction Materials

Block: 1 Concrete: 1 Frame: 1

Cooling

Central Air: 1 Multi Units: 1

Current Use

Multi-Family: 1

Electric

Fuses: 1

Exterior Features

Balcony: 1 Other: 1

Heating

Central: 1 Electric: 1 Heat Pump: 1

Income and Expenses

Gross Income: 12000 Gross Scheduled Income: 144000 Net Operating Income: 125040

Laundry Features

In Unit: 1

Listing Terms

FHA: 1 VA Loan: 1

Lot Features

Other: 1

Parking Features

On Street: 1 Parking Lot: 1

Roof

Other: 1

Sewer

Public Sewer: 1

Unit 1 Details

Unit ID: 3 Actual Rent: 3000 Unit SqFt: 660 Beds Total: 1 Full Baths Total: 1 Furnished: Negotiable Unit Remarks: Parking Spaces: 1

Unit 2 Details

Unit ID: 4 Actual Rent: 3000 Unit SqFt: 660 Beds Total: 1 Full Baths Total: 1 Furnished: Negotiable Unit Remarks: Parking Spaces: 1

Unit 3 Details

Unit ID: 1 Actual Rent: 3000 Unit SqFt: 800 Beds Total: 1 Full Baths Total: 1 Furnished: Negotiable Unit Remarks: Parking Spaces: 1

Unit 4 Details

Unit ID: 2 Actual Rent: 4000 Unit SqFt: 880 Beds Total: 2 Full Baths Total: 1 Furnished: Negotiable Unit Remarks: Parking Spaces: 1

Water Source

Public: 1

Historical Information

Public Historical Remarks 1: Zoning (Text): Zoned as short term; Financial Info: % Vacancy: 80; Property Name: Daytona Beach Villas; Meters: # Electric Meters: 4, # Water Meters: 4; Road Frontage: 50; Depth: 135; Financial Pkg: No; Franchise Opt In: No

Contract Information

Current Price: $657,000 Sold Price: $657,000 Status: Closed Listing Contract Date: 2020-09-16 Property Sub Type: Quadruplex

Location Tax and Legal

Street Number: 112 Street Direction Prefix: N Street Name: Peninsula Street Suffix: Drive County: Volusia State: FL Postal Code: 32118 Subdivision Name: Memento MLS Area Major: 14 - Daytona Peninsula S of Seabreeze

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Construction Materials: Block; Concrete; Frame Cooling: Central Air; Multi Units Current Use: Multi-Family Electric: Fuses Exterior Features: Balcony; Other Heating: Central; Electric; Heat Pump Laundry Features: In Unit Listing Terms: FHA; VA Loan Lot Features: Other Parking Features: On Street; Parking Lot Roof: Other Sewer: Public Sewer Water Source: Public
Listing Office: Adams, Cameron & Co., Realtors
Last Updated: May - 04 - 2025
Information deemed reliable but not guaranteed.

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