117 S Grandview Avenue, Daytona Beach, FL 32118
$705,000
Property Type:
Residential Income
Bedrooms:
13
Square Footage:
5,784
Lot Size (sq. ft.):
5,227
Status:
Closed
Current Price:
$705,000
List Date:
3/01/2022
Last Modified:
9/23/2024
Description
Beach-Side 9 unit apartment building located one block from the beach that is a value-add property. Proforma of a 10-12% CAP. Walk to the Ocean Deck and Daytona Beach Pier. Consisting of 2 Buildings. Front Building has 4 ''One Bedroom/One Bath units and 2 ''nice studio units with a large room and eat in kitchen''. Back building has a 1 ''Three Bedroom/One Bath unit'' and 2 ''Studio/1 Bath units''. Separate electric meters. All information deemed to be true but not guaranteed and must be verified by the potential buyer.
More Information MLS# 1093851
Location, Tax, and Legal
Country: US
Parcel Number: 5304-01-09-0130
Tax Annual Amount: 7755
Tax Year: 2021
Tax Legal Description: LOT 13 BLK 9 ROGERS SEABREEZE DB O PG 301 PER OR 5116 PG 2257 PER OR 5481 PGS 2726-2727 PER OR 5765 PG 4160 PER OR 6918 PG 2102 PER OR 7476 PGS 0838-0839 PER OR 7716 PG 2350 PER OR 8046 PG 4588
Currently Not Used
Bedrooms Total: 13
Living Area Source: Appraiser
Building Area Total: 5784
Year Built: 1948
Carport YN: No
Pool Private YN: No
General Property Information
Lot Size Acres: 0.12
Living Area: 5000
Number Of Units Total: 9
Association YN: Yes
Association Fee 2: 0
Directions: International Speedway ''US 92'' east over bridge to beach-side, left on S Grandview, property on right.
Public Remarks: Beach-Side 9 unit apartment building located one block from the beach that is a value-add property. Proforma of a 10-12% CAP. Walk to the Ocean Deck and Daytona Beach Pier. Consisting of 2 Buildings. Front Building has 4 ''One Bedroom/One Bath units and 2 ''nice studio units with a large room and eat in kitchen''. Back building has a 1 ''Three Bedroom/One Bath unit'' and 2 ''Studio/1 Bath units''. Separate electric meters. All information deemed to be true but not guaranteed and must be verified by the potential buyer.
Water Body Access YN: No
List Price/SqFt: 162
Sold Price/SqFt: 141
Bedrooms Total: 13
Year Built: 1948
Appliances
Electric Range: 1
Refrigerator: 1
Construction Materials
Block: 1
Concrete: 1
Frame: 1
Cooling
Wall/Window Unit(s): 1
Current Use
Multi-Family: 1
Income and Expenses
Gross Income: 8000
Owner Pays
Exterior Maintenance: 1
Gas: 1
Trash Collection: 1
Water: 1
Parking Features
Off Street: 1
Parking Lot: 1
Sewer
Public Sewer: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Unit 1 Details
Unit ID: 9
Actual Rent: 1500
Beds Total: 3
Full Baths Total: 1
Unit 2 Details
Unit ID: 1
Actual Rent: 750
Full Baths Total: 1
Unit Remarks: Description: Efficiency
Unit 3 Details
Unit ID: 3
Actual Rent: 800
Beds Total: 1
Full Baths Total: 1
Unit 4 Details
Unit ID: 2
Actual Rent: 800
Full Baths Total: 1
Unit Remarks: Description: Efficiency
Unit 5 Details
Unit ID: 7
Actual Rent: 800
Full Baths Total: 1
Unit Remarks: Description: Efficiency
Unit 6 Details
Unit ID: 8
Actual Rent: 800
Full Baths Total: 1
Unit Remarks: Description: Efficiency
Unit 7 Details
Unit ID: 4
Actual Rent: 850
Beds Total: 1
Full Baths Total: 1
Unit 8 Details
Unit ID: 5
Actual Rent: 850
Beds Total: 1
Full Baths Total: 1
Water Source
Public: 1
Historical Information
Public Historical Remarks 1: Unit ID: 6, Full Baths: 1, Actual Rent: 850, Description: 1; Property Name: Grandview Beach-side Apartment; Meters: # Electric Meters: 9, # Gas Meters: 1, # Water Meters: 1; Franchise Opt In: No
Contract Information
Current Price: $705,000
Sold Price: $705,000
Status: Closed
Listing Contract Date: 2022-03-01
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 117
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: 2022-03-22T20:13:16Z
Major Change Type: Status Change
Purchase Contract Date: 2022-03-07
Close Date: 2022-03-22
Close Price: 705000
Property Features
Appliances: Electric Range; Refrigerator
Construction Materials: Block; Concrete; Frame
Cooling: Wall/Window Unit(s)
Current Use: Multi-Family
Owner Pays: Exterior Maintenance; Gas; Trash Collection; Water
Parking Features: Off Street; Parking Lot
Sewer: Public Sewer
Tenant Pays: Cable TV; Electricity
Water Source: Public
Listing Office:
Marlin Realty Group
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.