1450 S Palmetto Avenue, Daytona Beach, FL 32114
$1,590,000
Property Type:
Residential Income
Bedrooms:
20
Square Footage:
14,992
Lot Size (sq. ft.):
31,363
Status:
Closed
Current Price:
$1,590,000
List Date:
9/05/2020
Last Modified:
9/23/2024
Overview
Description
Supplements:
Listing Details MLS# 1075271
General Property Information
- Number Of Units Total
- 20
- Bedrooms Total
- 20
- Living Area
- 13728
- Year Built
- 1987
- Lot Size Acres
- 0.72
- Lot Size Dimensions
- 31500
- Association YN
- Yes
- Water Body Access YN
- No
- Directions
- US1/SR400, go east on SR400 to S Palmetto, make a left.
- Public Remarks
- Concrete Block, 20 Unit Apartment building with a history of keeping close to 100% occupied. All of the apartments are One-Bedroom units with an open kitchen floor plan that the tenants enjoy. Many of the units have updated tile floors and updated kitchen cabinets. In addition most of the central air AC units have been replaced as well. There is an onsite site laundry room that the tenants appreciate and provides further revenue to the owner. Plenty of parking (31 parking spots) as well as a park like setting on the property that tenants like to utilize and relax.
- List Price/SqFt
- 115.82
- Sold Price/SqFt
- 115.82
- Association Fee 2
- 0
Property Features
Appliances:
Electric Range; Refrigerator
Construction Materials:
Block; Concrete
Cooling:
Central Air
Current Use:
Multi-Family
Heating:
Heat Pump
Lot Features:
Wooded
Owner Pays:
Cable TV; Grounds Care; Insurance; Taxes; Trash Collection; Water
Parking Features:
Parking Lot
Roof:
Shingle
Sewer:
Public Sewer
Tenant Pays:
Electricity
Water Source:
Public
Contract Information
- Listing Contract Date
- 2020-09-02
- Property Sub Type
- Multi Family
Location Tax and Legal
- Street Number
- 1450
- Street Direction Prefix
- S
- Street Name
- Palmetto
- Street Suffix
- Avenue
- County
- Volusia
- State
- FL
- Postal Code
- 32114
- Subdivision Name
- Country Club
- MLS Area Major
- 32 - Daytona Beville to ISB, E of 95
Status Change Information
- Major Change Timestamp
- 2020-11-17T00:12:44Z
- Major Change Type
- Status Change
- Purchase Contract Date
- 2020-09-08
- Close Date
- 2020-11-16
- Close Price
- 1590000
Income and Expenses
- Gross Income
- 17150
- Gross Scheduled Income
- 205800
- Net Operating Income
- 158300
More Information
Unit 1 Details
- Unit ID
- 20
- Actual Rent
- 875
- Unit SqFt
- 686
- Full Baths Total
- Yes
- Unit Remarks
- Parking Spaces: 1
Historical Information
- Public Historical Remarks 1
- Property Name: Sprucewood Apts; Meters: # Electric Meters: 21, # Water Meters: 1; Road Frontage: 210; Depth: 150; Financial Pkg: No; Franchise Opt In: No
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 5340-13-00-0150
- Tax Annual Amount
- 21817
- Tax Year
- 2019
- Tax Legal Description
- E 150 FT OF S 216.2 FT OF PLOT 15 COUNTRY CLUB HARBOR REPLAT MB 10 PG 173 PER OR 4514 PG 1027 PER OR 6801 PG 0802 PER OR 7098 PG 0843 PER OR 7596 PG 1344
Currently Not Used
- Bedrooms Total
- 20
- Living Area Source
- Appraiser
- Building Area Total
- 14992
- Year Built
- 1987
- New Construction YN
- No
- Carport YN
- No
- Pool Private YN
- No
- Parking Total
- 31
Appliances
- Electric Range
- Yes
- Refrigerator
- Yes
Construction Materials
- Block
- Yes
- Concrete
- Yes
Cooling
- Central Air
- Yes
Current Use
- Multi-Family
- Yes
Heating
- Heat Pump
- Yes
Lot Features
- Wooded
- Yes
Owner Pays
- Cable TV
- Yes
- Grounds Care
- Yes
- Insurance
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
- Water
- Yes
Parking Features
- Parking Lot
- Yes
Roof
- Shingle
- Yes
Sewer
- Public Sewer
- Yes
Tenant Pays
- Electricity
- Yes
Water Source
- Public
- Yes
Listing Office:
Marlin Realty Group
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.