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1825 N Atlantic Avenue, Daytona Beach, FL 32118

$2,100,000
Property Type: Residential Income Bedrooms: 57 Square Footage: 31,700 Status: Closed
Current Price: $2,100,000 List Date: 1/30/2013 Last Modified: 9/23/2024

Description

**30 UNIT APARTMENT COMPLEX + OFFICE BUILDING**ACROSS FROM THE OCEAN**APPROX. 1 ACRE OF LAND**Beautiful 2 Parcel Property**Reaching from Euclid to Hartford Ave**Most units have OCEAN VIEWS **Apartments are right infront of a BEACH ENTRANCE**THE BUS STOP is infront of the COMPLEX**Office Building is a 2 Bed.2 Bath Home with another Garage Apartment and 2 Car Garage**All Units have separate Central Air and Heat**Laundry Room has 3 Washers and 3 Dryers**Apartments have been renovated in 2008/2009**Everything is in TIP TOP Condition**A wonderful opportunity for an owner to live in the home right next door to the Apartment Complex** 2 ATTRACTIVE BUILDINGS ACROSS FROM THE BEACH**A VERY WELL MANAGED COMPLEX WITH GREAT CURB APPEAL**SELLER WILL CONSIDER TO HOLD FINANCINGWITH 50% DOWN AND TERM

Supplements: S EXCEPTABLE TO SELLER. (all measurements are approx)

More Information MLS# 540360

Location, Tax, and Legal

Country: US Parcel Number: 422505060010 Tax Annual Amount: 26000 Tax Year: 2013 Tax Legal Description: Lots 1 2 3 6 & E 1/2 of LOT 7 BLK F Ortona MB 5 Pg32 MB 22 PG 43 EXC RD R/W PER OR 3929 PGS 0156-0157 PER OR 6097 PGGS 4

Currently Not Used

Bedrooms Total: 57 Living Area Source: Appraiser Building Area Total: 31700 Year Built: 1972 New Construction YN: No Carport YN: No Pool Private YN: No Parking Total: 48

View

Ocean: 1

General Property Information

Lot Size Dimensions: 39556 Living Area: 28192 Number Of Units Total: 32 Association YN: No Directions: From Seabreeze Beachside, North on AIA Corner of Euclid and Hartford.1825 and 1805 N Atlantic Public Remarks: **30 UNIT APARTMENT COMPLEX + OFFICE BUILDING**ACROSS FROM THE OCEAN**APPROX. 1 ACRE OF LAND**Beautiful 2 Parcel Property**Reaching from Euclid to Hartford Ave**Most units have OCEAN VIEWS **Apartments are right infront of a BEACH ENTRANCE**THE BUS STOP is infront of the COMPLEX**Office Building is a 2 Bed.2 Bath Home with another Garage Apartment and 2 Car Garage**All Units have separate Central Air and Heat**Laundry Room has 3 Washers and 3 Dryers**Apartments have been renovated in 2008/2009**Everything is in TIP TOP Condition**A wonderful opportunity for an owner to live in the home right next door to the Apartment Complex** 2 ATTRACTIVE BUILDINGS ACROSS FROM THE BEACH**A VERY WELL MANAGED COMPLEX WITH GREAT CURB APPEAL**SELLER WILL CONSIDER TO HOLD FINANCINGWITH 50% DOWN AND TERM Water Body Access YN: No List Price/SqFt: 88.68 Sold Price/SqFt: 74.49 Bedrooms Total: 57 Year Built: 1972

Status Change Information

Contingent Date: 2013-06-05 Major Change Timestamp: 2013-08-08T18:10:51Z Major Change Type: Status Change Purchase Contract Date: 2013-07-09 Close Date: 2013-08-07 Close Price: 2100000

Appliances

Electric Range: 1 Refrigerator: 1

Construction Materials

Block: 1 Concrete: 1

Cooling

Central Air: 1

Current Use

Multi-Family: 1

Exterior Features

Other: 1

Heating

Central: 1 Electric: 1 Natural Gas: 1

Income and Expenses

Gross Scheduled Income: 280560 Net Operating Income: 197831

Lot Features

Other: 1

Owner Pays

Exterior Maintenance: 1 Grounds Care: 1 Insurance: 1 Pest Control: 1 Taxes: 1 Trash Collection: 1 Water: 1

Parking Features

Assigned: 1 Guest: 1

Roof

Other: 1

Sewer

Public Sewer: 1

Tenant Pays

Cable TV: 1 Insurance: 1

Unit 1 Details

Unit ID: 6 Unit SqFt: 1032 Beds Total: 2 Full Baths Total: 2

Unit 2 Details

Unit ID: 2 Unit SqFt: 1112 Beds Total: 2 Full Baths Total: 2

Unit 3 Details

Unit ID: 6 Unit SqFt: 744 Beds Total: 1 Full Baths Total: 1

Unit 4 Details

Unit ID: 16 Unit SqFt: 957 Beds Total: 2 Full Baths Total: 1

Utilities

Natural Gas Available: 1

Water Source

Public: 1

Historical Information

Public Historical Remarks 1: Unit ID: 6, Furnished: Appliances; Zoning (Text): T 1; Financial Info: Other Annual Inc: 8000; Property Name: Ocean View Aptm.; Meters: # Electric Meters: 33, # Gas Meters: 2, # Water Meters: 2; Financial Pkg: Yes; Franchise Opt In: No

Contract Information

Current Price: $2,100,000 Sold Price: $2,100,000 Status: Closed Listing Contract Date: 2013-01-30 Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 1825 Street Direction Prefix: N Street Name: Atlantic Street Suffix: Avenue County: Volusia State: FL Postal Code: 32118 Subdivision Name: Ortona MLS Area Major: 15 - Daytona Peninsula N of Seabreeze

Property Features

Appliances: Electric Range; Refrigerator Construction Materials: Block; Concrete Cooling: Central Air Current Use: Multi-Family Exterior Features: Other Heating: Central; Electric; Natural Gas Lot Features: Other Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Pest Control; Taxes; Trash Collection; Water Parking Features: Assigned; Guest Roof: Other Sewer: Public Sewer Tenant Pays: Cable TV; Insurance Utilities: Natural Gas Available View: Ocean Water Source: Public
Listing Office: City Realty Company
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.

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