124 Live Oak Avenue, Daytona Beach, FL 32114
$1,100,000
Property Type:
Commercial Sale
Status:
Closed
Current Price:
$1,100,000
List Date:
8/10/2016
Last Modified:
9/28/2024
Description
Listed on the National Register of Historic Places, The Wellington is in Daytona Beach's historic district with view of the Halifax River. Circa 1934, all brick construction. Spacious studios (13) and (6) one bedrooms. Current owner has refinished all hardwood floors, replaced all appliances (gas stoves), updated all kitchen and baths. 7 kitchens full remodel, 7 baths full remodel, community laundry room, walk core 87. very walkable! Neighborhood offers library, ball park, riverfront parks, downtown stores, restaurants, nightlife, art shows and markets all in walking distance. Short trip to the beach. Easy to rent, variety of age groups, low vacancy rate, good income.
More Information MLS# 1016422
General Property Information
Number Of Units Total: 19
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Ridgewood to Live Oak Avenue, turn east toward river
Public Remarks: Listed on the National Register of Historic Places, The Wellington is in Daytona Beach's historic district with view of the Halifax River. Circa 1934, all brick construction. Spacious studios (13) and (6) one bedrooms. Current owner has refinished all hardwood floors, replaced all appliances (gas stoves), updated all kitchen and baths. 7 kitchens full remodel, 7 baths full remodel, community laundry room, walk core 87. very walkable! Neighborhood offers library, ball park, riverfront parks, downtown stores, restaurants, nightlife, art shows and markets all in walking distance. Short trip to the beach. Easy to rent, variety of age groups, low vacancy rate, good income.
Lot Size Dimensions: 17000
Year Built: 1934
Location, Tax, and Legal
Country: US
Parcel Number: 5339-01-04-0011
Tax Annual Amount: 12115
Tax Year: 2015
Tax Legal Description: E 104.5 FT OF W 304.5 FT ON S/S OF LOT 1 & OF S 35 FT OF LOT 2 & N 6.75 FT OF S 41.75 FT OF E 30.4FT OF W 230.4 FT OFLOT 2 BLK 4 DAYTONA PER OR 4518 PG 2706 PER OR 5348 PG 4950-4951 PER OR 6688 PG 4444
Currently Not Used
Year Built: 1934
Status Change Information
Contingent Date: 2016-12-15
Major Change Timestamp: 2016-12-15T18:59:38Z
Major Change Type: Status Change
Price Change Timestamp: 2016-05-23T15:23:37Z
Purchase Contract Date: 2016-11-09
Close Date: 2016-12-15
Close Price: 1100000
Construction Materials
Brick: 1
Cooling
Wall/Window Unit(s): 1
Current Use
Mixed Use: 1
Multi-Family: 1
Heating
Natural Gas: 1
Income and Expenses
Gross Income: 143521
Owner Pays
Water: 1
Road Frontage Type
City Street: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Utilities
Separate Electric Meters: 1
Water Source
Public: 1
Building Features
Ceiling Eve Height: 7 - 10 Feet High
Maximum Ceiling Height: 10
Business Type
Commercial: 1
Mixed: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Road Type: Paved; Zoning (Text): M1 Mixed Use; # Parking: 19; Lease Provisions: Year - Year; Meters: # Electric Meters: 20; Parking: Paved; Site Improvements: Curb/Sidewalks, Gutters, Waterview; Confidential Listing: N; Highway Access: NO; % Occupancy: 100.00; Financial Package: No; Franchise Opt In: No; Current # Tenant: 19.0000
Contract Information
Current Price: $1,100,000
Sold Price: $1,100,000
Status: Closed
Listing Contract Date: 2016-05-23
Property Sub Type: Business
Location Tax and Legal
Street Number: 124
Street Name: Live Oak
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32114
MLS Area Major: 32 - Daytona Beville to ISB, E of 95
Property Features
Business Type: Commercial; Mixed
Construction Materials: Brick
Cooling: Wall/Window Unit(s)
Current Use: Mixed Use; Multi-Family
Heating: Natural Gas
Owner Pays: Water
Road Frontage Type: City Street
Roof: Shingle
Sale Includes: Building & Land
Sewer: Public Sewer
Utilities: Separate Electric Meters
Water Source: Public
Listing Office:
Collado Real Estate
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.