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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

Overview

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.

Listing Details MLS# 1093851

General Property Information

Number Of Units Total
9
Bedrooms Total
13
Living Area
5000
Year Built
1948
Lot Size Acres
0.12
Association YN
Yes
Water Body Access YN
No
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.
List Price/SqFt
162
Sold Price/SqFt
141
Association Fee 2
0

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

Contract Information

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

Income and Expenses

Gross Income
8000

More Information

Unit 1 Details

Unit ID
9
Actual Rent
1500
Full Baths Total
Yes

Unit 2 Details

Unit ID
Yes
Actual Rent
750
Full Baths Total
Yes
Unit Remarks
Description: Efficiency

Unit 3 Details

Unit ID
3
Actual Rent
800
Full Baths Total
Yes

Unit 4 Details

Unit ID
2
Actual Rent
800
Full Baths Total
Yes
Unit Remarks
Description: Efficiency

Unit 5 Details

Unit ID
7
Actual Rent
800
Full Baths Total
Yes
Unit Remarks
Description: Efficiency

Unit 6 Details

Unit ID
8
Actual Rent
800
Full Baths Total
Yes
Unit Remarks
Description: Efficiency

Unit 7 Details

Unit ID
4
Actual Rent
850
Full Baths Total
Yes

Unit 8 Details

Unit ID
5
Actual Rent
850
Full Baths Total
Yes

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

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

Appliances

Electric Range
Yes
Refrigerator
Yes

Construction Materials

Block
Yes
Concrete
Yes
Frame
Yes

Cooling

Wall/Window Unit(s)
Yes

Current Use

Multi-Family
Yes

Owner Pays

Exterior Maintenance
Yes
Gas
Yes
Trash Collection
Yes
Water
Yes

Parking Features

Off Street
Yes
Parking Lot
Yes

Sewer

Public Sewer
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes

Water Source

Public
Yes
Listing Office: Marlin Realty Group
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.

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