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1410 Lpga Boulevard, Daytona Beach, FL 32117

$2,100,000
Property Type: Commercial Sale Square Footage: 14,960 Status: Closed
Current Price: $2,100,000 List Date: 4/25/2019 Last Modified: 9/28/2024

Description

Amazing Investment Property with Huge Upside!!New 12 year lease of 60% of building and 5 year lease on the balance with stable tenants. 2019 CAP Rate: 6.52% - 2023 CAP Rate: 8.18% - Extra buildable lot, too! Daytona Beach is exploding with new development - this property is located just east of the new Jimmy Buffett Latitude Margaritaville Community, New Tomoka Town Center Mall, New Sam's Club and Tangers Outlets.

More Information MLS# 1047500

General Property Information

Association YN: No Water Body Access YN: No Waterfront YN: No Public Remarks: Amazing Investment Property with Huge Upside!!New 12 year lease of 60% of building and 5 year lease on the balance with stable tenants. 2019 CAP Rate: 6.52% - 2023 CAP Rate: 8.18% - Extra buildable lot, too! Daytona Beach is exploding with new development - this property is located just east of the new Jimmy Buffett Latitude Margaritaville Community, New Tomoka Town Center Mall, New Sam's Club and Tangers Outlets. Building Area Total: 14960 Lot Size Dimensions: 395x331 List Price/SqFt: 160.43 Sold Price/SqFt: 140.37 Year Built: 2004

Location, Tax, and Legal

Country: US Parcel Number: 5202-22-00-0010 Tax Annual Amount: 26000 Tax Year: 2017 Tax Legal Description: LOT 1 HALIFAX HABITAT VILLAGE MB 50 PGS 74 THRU 76 INC PER OR 5208 PG 3482

Currently Not Used

Year Built: 2004

Construction Materials

Block: 1 Concrete: 1

Current Use

Office: 1

Road Frontage Type

Highway: 1 Other: 1

Building Features

Kitchen Facilities: 1 Private Restroom: 1 Showroom: 1

Business Type

Church: 1 Commercial: 1 Professional Service: 1 Professional/Office: 1 Restaurant: 1 Retail: 1

Sale Includes

Building & Land: 1

Historical Information

Public Historical Remarks 1: Zoning (Text): PCD Retail Office; Parking: Paved; SqFt - Total: 14960.00; Confidential Listing: N; Franchise Opt In: No

Contract Information

Current Price: $2,100,000 Sold Price: $2,100,000 Status: Closed Listing Contract Date: 2018-08-31 Property Sub Type: Business

Location Tax and Legal

Street Number: 1410 Street Name: Lpga Street Suffix: Boulevard County: Volusia State: FL Postal Code: 32117 MLS Area Major: 35 - Mason to LPGA E of 95

Status Change Information

Major Change Timestamp: 2020-01-23T15:58:44Z Major Change Type: Status Change Purchase Contract Date: 2019-10-21 Close Date: 2020-01-10 Close Price: 2100000

Property Features

Building Features: Kitchen Facilities; Private Restroom; Showroom Business Type: Church; Commercial; Professional Service; Professional/Office; Restaurant; Retail Construction Materials: Block; Concrete Current Use: Office Road Frontage Type: Highway; Other Sale Includes: Building & Land
Listing Office: Realty Pros Commercial
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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