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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

Overview

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.

Listing Details MLS# 1112865

General Property Information

Number Of Units Total
15
Bedrooms Total
30
Living Area
14400
Year Built
1970
Lot Size Acres
0.64
Association YN
Yes
Water Body Access YN
No
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.
List Price/SqFt
177.08
Sold Price/SqFt
158.33
Association Fee 2
0

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

Contract Information

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

Status Change Information

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

Income and Expenses

Gross Income
240000
Gross Scheduled Income
288000

More Information

Unit 1 Details

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

Historical Information

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

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

Appliances

Electric Range
Yes
Refrigerator
Yes

Construction Materials

Block
Yes
Concrete
Yes

Cooling

Central Air
Yes

Current Use

Multi-Family
Yes

Electric

Underground
Yes

Heating

Central
Yes

Lot Features

Sprinklers In Front
Yes
Sprinklers In Rear
Yes
Other
Yes

Owner Pays

Trash Collection
Yes

Parking Features

Parking Lot
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Tenant Pays

Electricity
Yes
Water
Yes

Water Source

Public
Yes
Listing Office: Home Pro Realty Corp
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.

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