1625 Espanola Avenue, Holly Hill, FL 32117
$1,060,000
Property Type:
Commercial Sale
Square Footage:
12,284
Status:
Closed
Current Price:
$1,060,000
List Date:
4/01/2019
Last Modified:
9/28/2024
Description
This 16 unit garden style apartment complex offers an excellent investment opportunity in the Holly Hill section of Daytona Beach. The location is one block from Ridgewood Avenue and intersects with Flomich St providing easy access to major roadways and public transportation. The property is conveniently within walking distance to shopping areas and offers excellent amenities for tenants. The owner has made major renovations in 2017 and 2018 and many unit interiors have been fully redone.
Six 2bed/1bath units; Ten 1bed/1bath units.
Located within an Opportunity Zone
Concrete block construction
Many unit interiors have been completely renovated
Appliances and HVAC systems have been repaired and kept up to date
French drain installed in 2018
More Information MLS# 1055747
General Property Information
Number Of Units Total: 16
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Located one block west of Ridgewood avenue and intersects with Flomich Avenue
Public Remarks: This 16 unit garden style apartment complex offers an excellent investment opportunity in the Holly Hill section of Daytona Beach. The location is one block from Ridgewood Avenue and intersects with Flomich St providing easy access to major roadways and public transportation. The property is conveniently within walking distance to shopping areas and offers excellent amenities for tenants. The owner has made major renovations in 2017 and 2018 and many unit interiors have been fully redone.
Six 2bed/1bath units; Ten 1bed/1bath units.
Located within an Opportunity Zone
Concrete block construction
Many unit interiors have been completely renovated
Appliances and HVAC systems have been repaired and kept up to date
French drain installed in 2018
Building Area Total: 12284
List Price/SqFt: 97.69
Sold Price/SqFt: 86.29
Year Built: 1973
Location, Tax, and Legal
Country: US
Parcel Number: 4242-20-10-0130
Tax Annual Amount: 13011
Tax Year: 2018
Tax Legal Description: LOTS 13 & 14 BLK 10 RIO VISTA MB 6 PG 150 PER OR 4375 PG 3082 PER OR 7442 PG 2418
Currently Not Used
Year Built: 1973
Status Change Information
Contingent Date: 2019-04-18
Major Change Timestamp: 2019-08-14T19:38:14Z
Major Change Type: Status Change
Purchase Contract Date: 2019-04-25
Close Date: 2019-08-01
Close Price: 1060000
Construction Materials
Block: 1
Concrete: 1
Current Use
Commercial: 1
Multi-Family: 1
Roof
Shingle: 1
Water Source
Public: 1
Business Type
Commercial: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): Multifamily; Confidential Listing: N; % Occupancy: 95.00; Franchise Opt In: No
Contract Information
Current Price: $1,060,000
Sold Price: $1,060,000
Status: Closed
Listing Contract Date: 2019-04-01
Property Sub Type: Business
Location Tax and Legal
Street Number: 1625
Street Name: Espanola
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32117
MLS Area Major: 99 - Other
Property Features
Business Type: Commercial
Construction Materials: Block; Concrete
Current Use: Commercial; Multi-Family
Roof: Shingle
Sale Includes: Building & Land
Water Source: Public
Listing Office:
SVN Alliance Commercial Real Estate Advisors
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.