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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

Overview

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.

Listing Details MLS# 1010890

General Property Information

Number Of Units Total
12
Bedrooms Total
16
Living Area
8460
Year Built
1984
Lot Size Dimensions
23,000
Association YN
Yes
Water Body Access YN
No
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.
List Price/SqFt
90.9
Sold Price/SqFt
86.29
Association Fee 2
0

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

Contract Information

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

Income and Expenses

Gross Income
7900
Gross Scheduled Income
94800

More Information

Unit 1 Details

Unit ID
12
Actual Rent
7900

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

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

Construction Materials

Block
Yes
Concrete
Yes
Stucco
Yes

Cooling

Central Air
Yes
Multi Units
Yes

Current Use

Multi-Family
Yes

Heating

Central
Yes
Electric
Yes

Lot Features

Corner Lot
Yes

Owner Pays

Exterior Maintenance
Yes
Grounds Care
Yes
Insurance
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Parking Features

Off Street
Yes
Parking Lot
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes

Water Source

Public
Yes
Listing Office: Prudential Commercial Real Estate FL
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.

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