1910 S Palmetto Avenue, South Daytona, FL 32119 (MLS# 546793)

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

Overview

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.

Listing Details MLS# 546793

General Property Information

Number Of Units Total: 21
Bedrooms Total: 36
Living Area: 18166
Year Built: 1974
Lot Size Dimensions: 112x225
Association YN: No
Water Body Access 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
List Price/SqFt: 49.27
Sold Price/SqFt: 44.59

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

Contract Information

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

Income and Expenses

Gross Income: 12115
Gross Scheduled Income: 145380
Net Operating Income: 87228

More Information

Unit 1 Details

Unit ID: 13
Actual Rent: 675
Unit SqFt: 982
Full Baths Total: Yes
Half Baths Total: Yes

Unit 2 Details

Unit ID: 6
Actual Rent: 550
Unit SqFt: 600
Full Baths Total: Yes

Unit 3 Details

Unit ID: 6
Actual Rent: 550
Unit SqFt: 600
Full Baths Total: Yes

Unit 4 Details

Unit ID: 2
Actual Rent: 650
Unit SqFt: 900
Full Baths Total: 2

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

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

Appliances

Dishwasher: Yes
Electric Range: Yes
Refrigerator: Yes

Construction Materials

Block: Yes
Concrete: Yes

Cooling

Central Air: Yes

Current Use

Multi-Family: Yes

Electric

Fuses: Yes

Exterior Features

Other: Yes

Heating

Central: Yes

Owner Pays

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

Parking Features

Parking Lot: Yes

Roof

Other: Yes

Sewer

Public Sewer: Yes

Tenant Pays

Water: Yes

Water Source

Public: Yes

Listing Office: RE/MAX Property Centre

Last Updated: September - 23 - 2024

Information deemed reliable but not guaranteed.

Search