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1201 KENNEDY Road, Daytona Beach, FL 32117

$1,325,000
Property Type: Residential Income Bedrooms: 78 Square Footage: 33,600 Status: Closed
Current Price: $1,325,000 List Date: 9/01/2015 Last Modified: 9/23/2024

Overview

Description

INVESTOR ALERT!! 100% Occupancy (3)Concrete Block buildings with 14 Units each for a total of 42 Units. The buildings are located at 1201,1209 & 1229 Kennedy Rd in Daytona Beach.Many units have been renovated. The math is easy $500 a month x 42 units x 12 months Seller may consider owner financing with substantial down payment. All measurements are approximate. Won't last long.

Listing Details MLS# 1005970

General Property Information

Number Of Units Total
42
Bedrooms Total
78
Living Area
33600
Year Built
1984
Association YN
No
Water Body Access YN
No
Directions
West of Nova Between 4th & 6th St
Public Remarks
INVESTOR ALERT!! 100% Occupancy (3)Concrete Block buildings with 14 Units each for a total of 42 Units. The buildings are located at 1201,1209 & 1229 Kennedy Rd in Daytona Beach.Many units have been renovated. The math is easy $500 a month x 42 units x 12 months Seller may consider owner financing with substantial down payment. All measurements are approximate. Won't last long.
List Price/SqFt
46.13
Sold Price/SqFt
39.43

Property Features

Appliances: Electric Range; Refrigerator Construction Materials: Block; Concrete; Stucco Cooling: Central Air Current Use: Multi-Family Lot Features: Corner Lot Parking Features: Parking Lot Roof: Shingle

Contract Information

Listing Contract Date
2015-08-10
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
1201
Street Name
KENNEDY
Street Suffix
Road
County
Volusia
State
FL
Postal Code
32117
Subdivision Name
Holly Hill
MLS Area Major
35 - Mason to LPGA E of 95

Status Change Information

Major Change Timestamp
2015-10-22T22:54:59Z
Major Change Type
Status Change
Contingent Date
2015-10-16
Purchase Contract Date
2015-09-19
Close Date
2015-10-21
Close Price
1325000

Income and Expenses

Gross Income
21000
Gross Scheduled Income
252000

More Information

Historical Information

Public Historical Remarks 1
Meters: # Electric Meters: 45, # Water Meters: 3; Financial Pkg: Yes; Franchise Opt In: No

Location, Tax, and Legal

Country
US
Parcel Number
4244-01-20-0088
Tax Annual Amount
9230.56
Tax Year
2014
Tax Legal Description
E 125 FT OF W 312.45 FT EXC N 498 FT OF LOT 8 BLK 20 M & C HOLLY HILL PER OR 5021 PG 1396 PER OR 6993 PG 2403

Currently Not Used

Bedrooms Total
78
Living Area Source
Other
Building Area Total
33600
Year Built
1984
New Construction YN
No
Carport YN
No
Pool Private YN
No
Parking Total
84

Appliances

Electric Range
Yes
Refrigerator
Yes

Construction Materials

Block
Yes
Concrete
Yes
Stucco
Yes

Cooling

Central Air
Yes

Current Use

Multi-Family
Yes

Lot Features

Corner Lot
Yes

Parking Features

Parking Lot
Yes

Roof

Shingle
Yes
Listing Office: Gaff's Realty Company
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.

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