112 N Peninsula Drive, Daytona Beach, FL 32118 (MLS# 1075629)

112 N Peninsula Drive, Daytona Beach, FL 32118

$657,000

Virtual Tour

https://www.corelistingmachine.com/home2/A8PN6Z

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

Overview

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.

Listing Details MLS# 1075629

General Property Information

Number Of Units Total: 4
Bedrooms Total: 5
Living Area: 3000
Year Built: 1958
Lot Size Acres: 0.15
Lot Size Dimensions: 6750
Association YN: Yes
Water Body Access YN: No
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.
List Price/SqFt: 266.67
Sold Price/SqFt: 219
Association Fee 2: 0

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

Contract Information

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

Status Change Information

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

Income and Expenses

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

More Information

Unit 1 Details

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

Unit 2 Details

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

Unit 3 Details

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

Unit 4 Details

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

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

Appliances

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

Construction Materials

Block: Yes
Concrete: Yes
Frame: Yes

Cooling

Central Air: Yes
Multi Units: Yes

Current Use

Multi-Family: Yes

Electric

Fuses: Yes

Exterior Features

Balcony: Yes
Other: Yes

Heating

Central: Yes
Electric: Yes
Heat Pump: Yes

Laundry Features

In Unit: Yes

Listing Terms

FHA: Yes
VA Loan: Yes

Lot Features

Other: Yes

Parking Features

On Street: Yes
Parking Lot: Yes

Roof

Other: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Office: Adams, Cameron & Co., Realtors

Last Updated: May - 04 - 2025

Information deemed reliable but not guaranteed.

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