1910 S Palmetto Avenue, South Daytona, FL 32119
$810,000
Property Type:
Residential Income
Bedrooms:
36
Square Footage:
19,216
Status:
Closed
Current Price:
$810,000
List Date:
7/18/2013
Last Modified:
9/23/2024
Description
Solid investment property! Beautiful 21 unit solid built apartment building with 13: 2/1 & 1/2 baths, 2: 2/2 Units and 6: 1/1 units. Thirteen of the two bedroom units are large 982 sq/ft townhome apartments! Additional bonus all units are individually metered for water! The property has two on site laundry rooms, and an outside picnic area. The units are large and all have appliances including dishwashers, and all have central heat and air. Many of the units come with additional storage units. Located in a nice area of South Daytona by the river and by the riverfront park with the boat ramps. The building is participating in the crime free program in South Daytona which provides for much better tennants and a more stable occupancy. Now is the time to buy while rents are down from previou
Supplements: s levels. The property provides spacious and affordable living. The 2012 replacement cost is $1,885,059 not including the land. All measurements are approximate.
More Information MLS# 546793
Location, Tax, and Legal
Country: US
Parcel Number: 534416000413
Tax Annual Amount: 8915
Tax Year: 2011
Tax Legal Description: E 225 FT OF N 112 FT OF HOTEL GROUNDS E OF RIDGEWOOD AVE BLA KE DB E PG 150 MB 1 PG 38 PER OR 1645 PG 0007 PER OR 4452 PG 3838 PER OR 6480 PGS 2447-2448
Currently Not Used
Bedrooms Total: 36
Living Area Source: Appraiser
Building Area Total: 19216
Year Built: 1974
New Construction YN: No
Carport YN: No
Pool Private YN: No
Parking Total: 31
General Property Information
Lot Size Dimensions: 112x225
Living Area: 18166
Number Of Units Total: 21
Association YN: No
Directions: Palmetto south of Beville property on the west side of Palmetto.
Public Remarks: Solid investment property! Beautiful 21 unit solid built apartment building with 13: 2/1 & 1/2 baths, 2: 2/2 Units and 6: 1/1 units. Thirteen of the two bedroom units are large 982 sq/ft townhome apartments! Additional bonus all units are individually metered for water! The property has two on site laundry rooms, and an outside picnic area. The units are large and all have appliances including dishwashers, and all have central heat and air. Many of the units come with additional storage units. Located in a nice area of South Daytona by the river and by the riverfront park with the boat ramps. The building is participating in the crime free program in South Daytona which provides for much better tennants and a more stable occupancy. Now is the time to buy while rents are down from previou
Water Body Access YN: No
List Price/SqFt: 49.27
Sold Price/SqFt: 44.59
Bedrooms Total: 36
Year Built: 1974
Appliances
Dishwasher: 1
Electric Range: 1
Refrigerator: 1
Construction Materials
Block: 1
Concrete: 1
Cooling
Central Air: 1
Current Use
Multi-Family: 1
Electric
Fuses: 1
Exterior Features
Other: 1
Heating
Central: 1
Income and Expenses
Gross Income: 12115
Gross Scheduled Income: 145380
Net Operating Income: 87228
Owner Pays
Cable TV: 1
Exterior Maintenance: 1
Grounds Care: 1
Insurance: 1
Pest Control: 1
Taxes: 1
Trash Collection: 1
Parking Features
Parking Lot: 1
Roof
Other: 1
Sewer
Public Sewer: 1
Tenant Pays
Water: 1
Unit 1 Details
Unit ID: 13
Actual Rent: 675
Unit SqFt: 982
Beds Total: 2
Full Baths Total: 1
Half Baths Total: 1
Unit 2 Details
Unit ID: 6
Actual Rent: 550
Unit SqFt: 600
Beds Total: 1
Full Baths Total: 1
Unit 3 Details
Unit ID: 6
Actual Rent: 550
Unit SqFt: 600
Beds Total: 1
Full Baths Total: 1
Unit 4 Details
Unit ID: 2
Actual Rent: 650
Unit SqFt: 900
Beds Total: 2
Full Baths Total: 2
Water Source
Public: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): Multi; Financial Info: Other Annual Inc: 5000; Meters: # Electric Meters: 22, # Water Meters: 22; Road Frontage: 112; Depth: 225; Financial Pkg: Yes; Franchise Opt In: Yes
Contract Information
Current Price: $810,000
Sold Price: $810,000
Status: Closed
Listing Contract Date: 2013-07-18
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 1910
Street Direction Prefix: S
Street Name: Palmetto
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32119
Subdivision Name: Blake
MLS Area Major: 25 - Daytona S of Beville, E of Nova
Status Change Information
Major Change Timestamp: 2013-08-01T18:11:42Z
Major Change Type: Status Change
Purchase Contract Date: 2013-07-18
Close Date: 2013-08-01
Close Price: 810000
Property Features
Appliances: Dishwasher; Electric Range; Refrigerator
Construction Materials: Block; Concrete
Cooling: Central Air
Current Use: Multi-Family
Electric: Fuses
Exterior Features: Other
Heating: Central
Owner Pays: Cable TV; Exterior Maintenance; Grounds Care; Insurance; Pest Control; Taxes; Trash Collection
Parking Features: Parking Lot
Roof: Other
Sewer: Public Sewer
Tenant Pays: Water
Water Source: Public
Listing Office:
RE/MAX Property Centre
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.