321 Clifton Avenue, Holly Hill, FL 32117 (MLS# 534665)

321 Clifton Avenue, Holly Hill, FL 32117

$795,000

Property Type: Residential Income Bedrooms: 44 Square Footage: 24,968 Status: Closed

Current Price: $795,000 List Date: 8/13/2012 Last Modified: 9/23/2024

Overview

Description

**RENOVATED** Apartments Ready For Occupancy! Most Of The Units Have Updated Kitchen, Tile, & Some Have Updated Baths. Complex Has A Courtyard Configuration With 2 L Shaped Buildings & Grilling Area For Tenants. Ample Parking In The Front & Back Of Building. Located On A Quiet Street In The Heart Of Holly Hill / Border Of Daytona Beachs Busiest Business District: International Speedway & Mason Ave. Only Minutes To The Interstate, Beach, Schools, Malls, & All Area Attractions. Walking Distance To Shopping & Businesses. Currently Only 15 Out of 26 Units Are Occupied (or %58)Because Owner Is Retired & Not Motivated To Lease Units Since He Manages It Himself. Annual Potential Gross Income Of $202,707.43! If Occupancy Rate Increases Owner Will Increase Price Accordingly. This Building Has Had

Supplements: A Full Inspection In August 2012 & No Major Issue Have Been Discovered. Owner Has Recently Painted, Landscaped, Replaced 7 AC Units, & Pressure Washed.DON'T WAIT - MAKE OFFER.*BACKUPS WELCOME*

Listing Details MLS# 534665

General Property Information

Number Of Units Total: 26
Bedrooms Total: 44
Living Area: 21980
Year Built: 1974
Lot Size Dimensions: 207x194
Association YN: No
Water Body Access YN: No
Directions: E On International Speedway To N On Nova Rd. E On 3RD St. N On Clifton Ave - Oakwood Apartments. Parking In Front & Rear
Public Remarks: **RENOVATED** Apartments Ready For Occupancy! Most Of The Units Have Updated Kitchen, Tile, & Some Have Updated Baths. Complex Has A Courtyard Configuration With 2 L Shaped Buildings & Grilling Area For Tenants. Ample Parking In The Front & Back Of Building. Located On A Quiet Street In The Heart Of Holly Hill / Border Of Daytona Beachs Busiest Business District: International Speedway & Mason Ave. Only Minutes To The Interstate, Beach, Schools, Malls, & All Area Attractions. Walking Distance To Shopping & Businesses. Currently Only 15 Out of 26 Units Are Occupied (or %58)Because Owner Is Retired & Not Motivated To Lease Units Since He Manages It Himself. Annual Potential Gross Income Of $202,707.43! If Occupancy Rate Increases Owner Will Increase Price Accordingly. This Building Has Had
List Price/SqFt: 40.95
Sold Price/SqFt: 36.17

Property Features

Appliances: Disposal; Electric Range; Microwave; Refrigerator Construction Materials: Block; Concrete; Stucco Cooling: Central Air Current Use: Single Family Exterior Features: Other Heating: Central Lot Features: Sprinklers In Front; Sprinklers In Rear; Other Owner Pays: Exterior Maintenance; Grounds Care; Hot Water; Insurance; Management; Pest Control; Taxes; Trash Collection; Water Parking Features: Assigned; Guest; On Street; Parking Lot Sewer: Public Sewer Tenant Pays: Cable TV; Insurance Water Source: Public

Contract Information

Listing Contract Date: 2012-08-13
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 321
Street Name: Clifton
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32117
Subdivision Name: Fitch Grant
MLS Area Major: 35 - Mason to LPGA E of 95

Status Change Information

Major Change Timestamp: 2012-09-25T18:11:14Z
Major Change Type: Status Change
Contingent Date: 2012-08-14
Close Date: 2012-09-25
Close Price: 795000

Income and Expenses

Gross Income: 9133

More Information

Unit 1 Details

Unit ID: 8
Actual Rent: 549
Unit SqFt: 732
Full Baths Total: Yes

Unit 2 Details

Unit ID: 8
Actual Rent: 549
Unit SqFt: 732
Full Baths Total: Yes

Unit 3 Details

Unit ID: 8
Actual Rent: 549
Unit SqFt: 732
Full Baths Total: Yes

Unit 4 Details

Unit ID: 18
Actual Rent: 661
Unit SqFt: 900
Full Baths Total: Yes

Historical Information

Public Historical Remarks 1: Unit ID: 8, Furnished: Appliances; Unit ID: 8, Furnished: Appliances; Unit ID: 8, Furnished: Appliances; Unit ID: 18, Furnished: Appliances; Zoning (Text): MF; Financial Info: Other Annual Inc: 3600; Property Name: Oakwood Apartments; Meters: # Electric Meters: 28, # Water Meters: 2; Road Frontage: 207; Depth: 194; Financial Pkg: Yes; Franchise Opt In: Yes

Location, Tax, and Legal

Country: US
Parcel Number: 424240050020
Tax Annual Amount: 11367.1
Tax Year: 2011
Tax Legal Description: N 206.93 FT OF S 390.20 FT MEAS ON W/L OF LOT 5 E OF CLISTON ST HOPKINS MAP FITCH GRANT PER OR 4577 PG 1213

Currently Not Used

Bedrooms Total: 44
Living Area Source: Appraiser
Building Area Total: 24968
Year Built: 1974
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Parking Total: 39

Appliances

Disposal: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes

Construction Materials

Block: Yes
Concrete: Yes
Stucco: Yes

Cooling

Central Air: Yes

Current Use

Single Family: Yes

Exterior Features

Other: Yes

Heating

Central: Yes

Lot Features

Sprinklers In Front: Yes
Sprinklers In Rear: Yes
Other: Yes

Owner Pays

Exterior Maintenance: Yes
Grounds Care: Yes
Hot Water: Yes
Insurance: Yes
Management: Yes
Pest Control: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Parking Features

Assigned: Yes
Guest: Yes
On Street: Yes
Parking Lot: Yes

Sewer

Public Sewer: Yes

Tenant Pays

Cable TV: Yes
Insurance: Yes

Water Source

Public: Yes

Listing Office: NON ACTIVE FIRM

Last Updated: September - 23 - 2024

Information deemed reliable but not guaranteed.

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