1370 S PALMETTO Avenue, Daytona Beach, FL 32114
$730,000
Property Type:
Residential Income
Bedrooms:
16
Square Footage:
8,460
Status:
Closed
Current Price:
$730,000
List Date:
1/06/2016
Last Modified:
9/23/2024
Description
There are eight (8) one bedroom, one bath units, and four (4) two bedroom, 1 bath units. Major renovation to the building and apartments occurred over the past two years. New tile, paint, lighting and a number A/C units which have been upgraded. Exterior security cameras installed as well. LED exterior wall lamps. Landscaping was upgraded with the addition of a fountain. 100% leased making this well kept building a nice investment opportunity.
More Information MLS# 1010890
Location, Tax, and Legal
Country: US
Parcel Number: 5340-27-00-1010
Tax Annual Amount: 9469
Tax Year: 2015
Tax Legal Description: UNITS 101 THRU 106 & 201 THRU 206 SEMINOLE COUNTRY CLUB APTS PER CERT OF TERMINATION OF CONDOMINIUM PER OR 4057 PG 4221 PER OR 6054 PGS 2813-2815 INC PER OR 6201 PGS 4154-4155 PER OR 7010 PG 1291 PER OR 7031 PG 1326 PER OR 7086 PG 4162
Currently Not Used
Bedrooms Total: 16
Living Area Source: Appraiser
Building Area Total: 8460
Year Built: 1984
New Construction YN: No
Carport YN: No
Pool Private YN: No
General Property Information
Lot Size Dimensions: 23,000
Living Area: 8460
Number Of Units Total: 12
Association YN: Yes
Association Fee 2: 0
Directions: Ridgewood Ave to Seminole Blvd, turn east at stop sign property is on the left.
Public Remarks: There are eight (8) one bedroom, one bath units, and four (4) two bedroom, 1 bath units. Major renovation to the building and apartments occurred over the past two years. New tile, paint, lighting and a number A/C units which have been upgraded. Exterior security cameras installed as well. LED exterior wall lamps. Landscaping was upgraded with the addition of a fountain. 100% leased making this well kept building a nice investment opportunity.
Water Body Access YN: No
List Price/SqFt: 90.9
Sold Price/SqFt: 86.29
Bedrooms Total: 16
Year Built: 1984
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Multi Units: 1
Current Use
Multi-Family: 1
Heating
Central: 1
Electric: 1
Income and Expenses
Gross Income: 7900
Gross Scheduled Income: 94800
Lot Features
Corner Lot: 1
Owner Pays
Exterior Maintenance: 1
Grounds Care: 1
Insurance: 1
Taxes: 1
Trash Collection: 1
Water: 1
Parking Features
Off Street: 1
Parking Lot: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Unit 1 Details
Unit ID: 12
Actual Rent: 7900
Water Source
Public: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): T-2; Meters: # Electric Meters: 12, # Water Meters: 1; Road Frontage: 142; Depth: 162; Franchise Opt In: No
Contract Information
Current Price: $730,000
Sold Price: $730,000
Status: Closed
Listing Contract Date: 2016-01-05
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 1370
Street Direction Prefix: S
Street Name: PALMETTO
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32114
Subdivision Name: Not In Subdivision
MLS Area Major: 25 - Daytona S of Beville, E of Nova
Status Change Information
Major Change Timestamp: 2016-06-03T18:41:54Z
Major Change Type: Status Change
Price Change Timestamp: 2016-01-13T19:45:13Z
Purchase Contract Date: 2016-05-01
Close Date: 2016-06-01
Close Price: 730000
Property Features
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air; Multi Units
Current Use: Multi-Family
Heating: Central; Electric
Lot Features: Corner Lot
Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Taxes; Trash Collection; Water
Parking Features: Off Street; Parking Lot
Roof: Shingle
Sewer: Public Sewer
Tenant Pays: Cable TV; Electricity
Water Source: Public
Listing Office:
Prudential Commercial Real Estate FL
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.