1825 N Atlantic Avenue, Daytona Beach, FL 32118 (MLS# 540360)

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

Overview

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)

Listing Details MLS# 540360

General Property Information

Number Of Units Total: 32
Bedrooms Total: 57
Living Area: 28192
Year Built: 1972
Lot Size Dimensions: 39556
Association YN: No
Water Body Access 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
List Price/SqFt: 88.68
Sold Price/SqFt: 74.49

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

Contract Information

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

Status Change Information

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

Income and Expenses

Gross Scheduled Income: 280560
Net Operating Income: 197831

More Information

Unit 1 Details

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

Unit 2 Details

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

Unit 3 Details

Unit ID: 6
Unit SqFt: 744
Full Baths Total: Yes

Unit 4 Details

Unit ID: 16
Unit SqFt: 957
Full Baths Total: Yes

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

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: Yes

Appliances

Electric Range: Yes
Refrigerator: Yes

Construction Materials

Block: Yes
Concrete: Yes

Cooling

Central Air: Yes

Current Use

Multi-Family: Yes

Exterior Features

Other: Yes

Heating

Central: Yes
Electric: Yes
Natural Gas: Yes

Lot Features

Other: Yes

Owner Pays

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

Parking Features

Assigned: Yes
Guest: Yes

Roof

Other: Yes

Sewer

Public Sewer: Yes

Tenant Pays

Cable TV: Yes
Insurance: Yes

Utilities

Natural Gas Available: Yes

Water Source

Public: Yes

Listing Office: City Realty Company

Last Updated: September - 23 - 2024

Information deemed reliable but not guaranteed.

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