299 Roosevelt Park, Ormond Beach, FL 32174
$1,020,000
Property Type:
Residential Income
Bedrooms:
45
Square Footage:
16,661
Status:
Closed
Current Price:
$1,020,000
List Date:
12/07/2017
Last Modified:
9/23/2024
Listing Details MLS# 1036822
General Property Information
- Number Of Units Total
- 20
- Bedrooms Total
- 45
- Living Area
- 15191
- Year Built
- 1958
- Lot Size Dimensions
- 86310
- Association YN
- Yes
- Water Body Access YN
- No
- Directions
- Granada S on s ridgewood and then right on fairway then left on roosevelt
- Public Remarks
- Once in a lifetime opportunity to invest in an entire block of Ormond Beach rental homes on a total of 1.98 acres. Future use could be building your dream home walking distance from the river with the collection of monthly rental income in the interim. This is an ugly, yet high performing portfolio. 20 Rental units; 19 units occupied, 1 unit used as owner maintenance/storage, includes vacant corner lot, and one additional vacant parcel. Re: President's Square, 000 Roosevelt, Ormond Beach, Florida, Proof of funds; $250,000, 48 notice required.
- List Price/SqFt
- 85.58
- Sold Price/SqFt
- 67.15
- Association Fee 2
- 0
Property Features
Appliances:
Electric Range; Refrigerator
Construction Materials:
Block; Concrete
Cooling:
Wall/Window Unit(s)
Current Use:
Mixed Use
Lot Features:
Other
Owner Pays:
Grounds Care; Management; Taxes
Parking Features:
Off Street
Roof:
Other
Sewer:
Public Sewer
Tenant Pays:
Electricity; Gas; Water
Water Source:
Public
Contract Information
- Listing Contract Date
- 2017-12-06
- Property Sub Type
- Multi Family
Location Tax and Legal
- Street Number
- 299
- Street Name
- Roosevelt Park
- County
- Volusia
- State
- FL
- Postal Code
- 32174
- Subdivision Name
- Roosevelt Park
- MLS Area Major
- 41 - LPGA to Granada, E of Nova
Status Change Information
- Major Change Timestamp
- 2018-03-30T18:33:07Z
- Major Change Type
- Status Change
- Contingent Date
- 2018-01-23
- Purchase Contract Date
- 2018-01-18
- Close Date
- 2018-03-29
- Close Price
- 1020000
Income and Expenses
- Gross Income
- 12083
- Gross Scheduled Income
- 145000
- Net Operating Income
- 119000
More Information
Unit 1 Details
- Unit ID
- 15
- Full Baths Total
- Yes
- Furnished
- Unfurnished
Unit 2 Details
- Unit ID
- 4
- Full Baths Total
- Yes
- Furnished
- Unfurnished
Unit 3 Details
- Unit ID
- Yes
- Full Baths Total
- 2
- Furnished
- Unfurnished
Historical Information
- Public Historical Remarks 1
- Zoning (Text): R-3c; Property Name: President's Square; Meters: # Electric Meters: 20, # Water Meters: 20; Road Frontage: irregular; Depth: irregular; Franchise Opt In: No
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 4222-20-00-0180
- Tax Annual Amount
- 14600
- Tax Year
- 2017
- Tax Legal Description
- Lengthy legal; inquire L/O
Currently Not Used
- Bedrooms Total
- 45
- Living Area Source
- Appraiser
- Building Area Total
- 16661
- Year Built
- 1958
- New Construction YN
- No
- Carport YN
- No
- Pool Private YN
- No
Appliances
- Electric Range
- Yes
- Refrigerator
- Yes
Construction Materials
- Block
- Yes
- Concrete
- Yes
Cooling
- Wall/Window Unit(s)
- Yes
Current Use
- Mixed Use
- Yes
Lot Features
- Other
- Yes
Owner Pays
- Grounds Care
- Yes
- Management
- Yes
- Taxes
- Yes
Parking Features
- Off Street
- Yes
Roof
- Other
- Yes
Sewer
- Public Sewer
- Yes
Tenant Pays
- Electricity
- Yes
- Gas
- Yes
- Water
- Yes
Water Source
- Public
- Yes
Listing Office:
DLP Realty
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.