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225 N Flagler Avenue, Flagler Beach, FL 32136

$915,000
Property Type: Residential Income Bedrooms: 10 Square Footage: 7,304 Status: Closed
Current Price: $915,000 List Date: 1/02/2020 Last Modified: 9/23/2024

Overview

Description

Investment opportunity, Waterfront multi family w/water views, luxurious FL living w/income potential. Own direct canal front property on 1 of the widest canal in Flagler Beach. 100' on water w/concrete seawall installed along canal frontage in 2008 (cost $21,000). Waterfront apt building located 3 blocks to the ocean & short distance to downtown Flagler Beach, restaurant, Flagler Pier, Veterans Park, & more. Endless possibilities. Live in main unit, 2400 sq ft completely updated while receiving income from the other 5 units, which offers a quiet retreat for tenants 3 blocks from beach. The lg ground floor unit offers 4BR,4BA, updated kitchen w/granite countertops, lg pantry, stainless appliances. All new windows. Sit back & relax in lg living room overlooking canal.

Supplements: Building is solid masonry construction. New roof(2003). New windows(Apt 1&5, 2018). 5 units have a patio or open deck overlooking canal. Ample parking. Sm coin operated laundry rm for tenant use & extra income.

Listing Details MLS# 1049692

General Property Information

Number Of Units Total
6
Bedrooms Total
10
Living Area
5968
Year Built
1975
Lot Size Dimensions
12000
Association YN
Yes
Water Body Access YN
No
Directions
St Road 100-left on N Flagler Ave, make u-turn at N 5th St on to N Flagler Ave - 225 N Flagler Ave on right.
Public Remarks
Investment opportunity, Waterfront multi family w/water views, luxurious FL living w/income potential. Own direct canal front property on 1 of the widest canal in Flagler Beach. 100' on water w/concrete seawall installed along canal frontage in 2008 (cost $21,000). Waterfront apt building located 3 blocks to the ocean & short distance to downtown Flagler Beach, restaurant, Flagler Pier, Veterans Park, & more. Endless possibilities. Live in main unit, 2400 sq ft completely updated while receiving income from the other 5 units, which offers a quiet retreat for tenants 3 blocks from beach. The lg ground floor unit offers 4BR,4BA, updated kitchen w/granite countertops, lg pantry, stainless appliances. All new windows. Sit back & relax in lg living room overlooking canal.
Association Fee 2
0
List Price/SqFt
196.88
Sold Price/SqFt
153.32

Property Features

Appliances: Dishwasher; Disposal; Electric Range; Microwave; Refrigerator Construction Materials: Block; Concrete Cooling: Central Air Exterior Features: Balcony Heating: Central; Electric Owner Pays: Water Parking Features: Parking Lot Roof: Other Sewer: Public Sewer Tenant Pays: Cable TV; Electricity; Pest Control View: Canal Water Source: Public Waterfront Features: Canal Front

Contract Information

Listing Contract Date
2018-10-24
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
225
Street Direction Prefix
N
Street Name
Flagler
Street Suffix
Avenue
County
Flagler
State
FL
Postal Code
32136
Subdivision Name
Not In Subdivision
MLS Area Major
50 - Flagler Beach

Status Change Information

Major Change Timestamp
2020-07-10T21:41:01Z
Major Change Type
Status Change
Price Change Timestamp
2019-03-02T16:49:22Z
Purchase Contract Date
2020-04-27
Close Date
2020-07-10
Close Price
915000

Unit 1 Details

Unit ID
Yes
Full Baths Total
4
Furnished
Unfurnished
Actual Rent
0

More Information

Unit 2 Details

Unit ID
6
Actual Rent
1200
Full Baths Total
2
Furnished
Unfurnished

Unit 3 Details

Unit ID
4
Actual Rent
510
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Description: Efficiency

Unit 4 Details

Unit ID
3
Actual Rent
670
Full Baths Total
Yes
Furnished
Unfurnished

Unit 5 Details

Unit ID
5
Actual Rent
700
Full Baths Total
Yes
Furnished
Unfurnished

Unit 6 Details

Unit ID
2
Actual Rent
750
Full Baths Total
Yes
Furnished
Unfurnished

Historical Information

Public Historical Remarks 1
Franchise Opt In: No

Location, Tax, and Legal

Country
US
Parcel Number
12-12-31-2425-00630-0080
Tax Annual Amount
8806
Tax Year
2017
Tax Legal Description
FLAGLER HARBOR SUB DIV BLOCK 63 LOTS 8 & 9 OR BOOK 39 PAGE 311 OR BOOK 106 PAGE 516 OR 234 PG 651 OR 400 PG 709 OR 403 PG 49 (CD)

Currently Not Used

Bedrooms Total
10
Living Area Source
Appraiser
Building Area Total
7304
Year Built
1975
Carport YN
No
Pool Private YN
No

View

Canal
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes

Construction Materials

Block
Yes
Concrete
Yes

Cooling

Central Air
Yes

Exterior Features

Balcony
Yes

Heating

Central
Yes
Electric
Yes

Owner Pays

Water
Yes

Parking Features

Parking Lot
Yes

Roof

Other
Yes

Sewer

Public Sewer
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Pest Control
Yes

Water Source

Public
Yes

Waterfront Features

Canal Front
Yes
Listing Office: Tavolacci Realty, Inc
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.

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