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2322 S Palmetto Avenue, South Daytona, FL 32119

$2,280,000
Property Type: Residential Income Bedrooms: 30 Square Footage: 15,120 Lot Size (sq. ft.): 27,878 Status: Closed
Current Price: $2,280,000 List Date: 8/18/2023 Last Modified: 9/23/2024

Description

This is a completely renovated apartment Building. It has three 5 unit buildings. All units are 2bed 1.5 bth with inside washer and dryer. New roof,kitchen.plumbing,windows,doors,landscape, sprinklers,flooring,paint, parking lot. Nothing left to do but collect rent. 5 units are rented at $1600 a month. Seller just started renting out units.

More Information MLS# 1112865

Location, Tax, and Legal

Country: US Parcel Number: 5344-11-00-0260 Tax Annual Amount: 8854.68 Tax Year: 2022 Tax Legal Description: LOTS 26 & 29 WEST SHORE PARK SEC 2 MB 9 PG 287 PER OR 4741 PG 3982 PER OR 7069 PG 3650 PER OR 7652 PG 3450 PER OR 8161 PG 3939

Currently Not Used

Bedrooms Total: 30 Living Area Source: Appraiser Building Area Total: 15120 Year Built: 1970 New Construction YN: No Carport YN: No Pool Private YN: No Parking Total: 25

General Property Information

Lot Size Acres: 0.64 Living Area: 14400 Number Of Units Total: 15 Association YN: Yes Association Fee 2: 0 Directions: 400 east to us 1 south to east on range to south on palmetto Public Remarks: This is a completely renovated apartment Building. It has three 5 unit buildings. All units are 2bed 1.5 bth with inside washer and dryer. New roof,kitchen.plumbing,windows,doors,landscape, sprinklers,flooring,paint, parking lot. Nothing left to do but collect rent. 5 units are rented at $1600 a month. Seller just started renting out units. Water Body Access YN: No List Price/SqFt: 177.08 Sold Price/SqFt: 158.33 Bedrooms Total: 30 Year Built: 1970

Status Change Information

Contingent Date: 2023-12-15 Major Change Timestamp: 2024-02-17T23:07:03Z Major Change Type: Status Change Price Change Timestamp: 2023-09-06T16:41:35Z Purchase Contract Date: 2023-09-15 Close Date: 2024-02-16 Close Price: 2280000

Appliances

Electric Range: 1 Refrigerator: 1

Construction Materials

Block: 1 Concrete: 1

Cooling

Central Air: 1

Current Use

Multi-Family: 1

Electric

Underground: 1

Heating

Central: 1

Income and Expenses

Gross Income: 240000 Gross Scheduled Income: 288000

Lot Features

Sprinklers In Front: 1 Sprinklers In Rear: 1 Other: 1

Owner Pays

Trash Collection: 1

Parking Features

Parking Lot: 1

Roof

Shingle: 1

Sewer

Public Sewer: 1

Tenant Pays

Electricity: 1 Water: 1

Unit 1 Details

Unit ID: 15 Actual Rent: 1600 Unit SqFt: 960 Beds Total: 2 Full Baths Total: 1 Half Baths Total: 1 Furnished: Unfurnished Unit Remarks: Parking Spaces: 2

Water Source

Public: 1

Historical Information

Public Historical Remarks 1: Zoning (Text): 0300; Property Name: PALMETTO TOWNHOUSES; Meters: # Electric Meters: 16; Financial Pkg: No; Franchise Opt In: No

Contract Information

Current Price: $2,280,000 Sold Price: $2,280,000 Status: Closed Listing Contract Date: 2023-08-18 Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 2322 Street Direction Prefix: S Street Name: Palmetto Street Suffix: Avenue County: Volusia State: FL Postal Code: 32119 Subdivision Name: West Shore Park MLS Area Major: 25 - Daytona S of Beville, E of Nova

Property Features

Appliances: Electric Range; Refrigerator Construction Materials: Block; Concrete Cooling: Central Air Current Use: Multi-Family Electric: Underground Heating: Central Lot Features: Sprinklers In Front; Sprinklers In Rear; Other Owner Pays: Trash Collection Parking Features: Parking Lot Roof: Shingle Sewer: Public Sewer Tenant Pays: Electricity; Water Water Source: Public
Listing Office: Home Pro Realty Corp
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.

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