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420 N Oleander Avenue, Daytona Beach, FL 32118

$1,099,500
Property Type: Residential Income Bedrooms: 16 Square Footage: 6,524 Lot Size (sq. ft.): 18,731 Status: Closed
Current Price: $1,099,500 List Date: 4/06/2023 Last Modified: 5/04/2025

Description

Wow! Absolutely magnificent architecture and captivating curb appeal in this Mediterranean style 8 unit apartment building just 3 blocks to the OCEAN in Daytona Beach! All units are fully occupied and are 2 Bed/1 Ba...each having a fireplace, hardwood flooring, arched doorways. Upstairs units have vaulted ceilings with wood beams...Some units have balconies and 4 of the units have washer/dryer hookup! This tropical stately complex really stands out and was originally an Abbey. ''The Abbey'' has separate entrance/exit to the back parking lot which is huge land! Electric and roof were new in 2013. Don't miss the opportunity to have for yourself, one of the most amazing apartment buildings and pieces of property on the Beachside! Close to restaurants, shops, all of the fun you ever have!

More Information MLS# 1106695

Location, Tax, and Legal

Country: US Parcel Number: 5305-06-00-0070 Tax Annual Amount: 10602 Tax Year: 2022 Tax Legal Description: LOTS 7 & 8 BENNETT SUB IN BLK 27 EAST DAYTONA PER OR 5252 PG 4882 PER OR 5755 PG 0193 PER OR 6828 PG 3842 PER OR 7366 PG 1649 PER OR 7694 PG 1813

Currently Not Used

Bedrooms Total: 16 Living Area Source: Appraiser Building Area Total: 6524 Year Built: 1924 Carport YN: No Pool Private YN: No

General Property Information

Lot Size Acres: 0.43 Lot Size Dimensions: 18700 Living Area: 5928 Number Of Units Total: 8 Association YN: Yes Association Fee 2: 0 Directions: From Halifax and Oakridge head east on Oakridge. Right on Oleander. Public Remarks: Wow! Absolutely magnificent architecture and captivating curb appeal in this Mediterranean style 8 unit apartment building just 3 blocks to the OCEAN in Daytona Beach! All units are fully occupied and are 2 Bed/1 Ba...each having a fireplace, hardwood flooring, arched doorways. Upstairs units have vaulted ceilings with wood beams...Some units have balconies and 4 of the units have washer/dryer hookup! This tropical stately complex really stands out and was originally an Abbey. ''The Abbey'' has separate entrance/exit to the back parking lot which is huge land! Electric and roof were new in 2013. Don't miss the opportunity to have for yourself, one of the most amazing apartment buildings and pieces of property on the Beachside! Close to restaurants, shops, all of the fun you ever have! Water Body Access YN: No List Price/SqFt: 185.48 Sold Price/SqFt: 185.48 Bedrooms Total: 16 Year Built: 1924

Status Change Information

Contingent Date: 2023-04-27 Major Change Timestamp: 2023-05-08T16:36:00Z Major Change Type: Status Change Price Change Timestamp: 2023-03-10T16:50:39Z Purchase Contract Date: 2023-04-07 Close Date: 2023-05-05 Close Price: 1099500

Appliances

Electric Range: 1 Refrigerator: 1

Construction Materials

Stucco: 1

Current Use

Multi-Family: 1 Single Family: 1

Exterior Features

Balcony: 1

Income and Expenses

Gross Income: 7985 Gross Scheduled Income: 95820 Net Operating Income: 71341

Lot Features

Sprinklers In Front: 1 Sprinklers In Rear: 1

Owner Pays

Electricity: 1 Gas: 1 Grounds Care: 1 Insurance: 1 Taxes: 1 Water: 1

Parking Features

Off Street: 1 Parking Lot: 1

Roof

Shingle: 1 Other: 1

Sewer

Public Sewer: 1

Tenant Pays

Cable TV: 1 Electricity: 1

Unit 1 Details

Unit ID: 2 Actual Rent: 1000 Unit SqFt: 702 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Parking Spaces: 2

Unit 2 Details

Unit ID: 3 Actual Rent: 1050 Unit SqFt: 702 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Parking Spaces: 2

Unit 3 Details

Unit ID: 4 Actual Rent: 1075 Unit SqFt: 702 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Parking Spaces: 2

Unit 4 Details

Unit ID: 5 Actual Rent: 950 Unit SqFt: 702 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Parking Spaces: 2

Unit 5 Details

Unit ID: 6 Actual Rent: 950 Unit SqFt: 702 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Parking Spaces: 2

Unit 6 Details

Unit ID: 8 Actual Rent: 950 Unit SqFt: 702 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Parking Spaces: 2

Unit 7 Details

Unit ID: 1 Actual Rent: 975 Unit SqFt: 702 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Parking Spaces: 2

Unit 8 Details

Unit ID: 7 Actual Rent: 975 Unit SqFt: 702 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Parking Spaces: 2

Utilities

Natural Gas Available: 1

Water Source

Public: 1

Historical Information

Public Historical Remarks 1: Property Name: The Abbey; Meters: # Electric Meters: 9, # Gas Meters: 2, # Water Meters: 2; Franchise Opt In: No

Contract Information

Current Price: $1,099,500 Sold Price: $1,099,500 Status: Closed Listing Contract Date: 2023-03-09 Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 420 Street Direction Prefix: N Street Name: Oleander Street Suffix: Avenue County: Volusia State: FL Postal Code: 32118 Subdivision Name: Not In Subdivision MLS Area Major: 13 - Beachside, N of Dunlawton & S Silver

Property Features

Appliances: Electric Range; Refrigerator Construction Materials: Stucco Current Use: Multi-Family; Single Family Exterior Features: Balcony Lot Features: Sprinklers In Front; Sprinklers In Rear Owner Pays: Electricity; Gas; Grounds Care; Insurance; Taxes; Water Parking Features: Off Street; Parking Lot Roof: Shingle; Other Sewer: Public Sewer Tenant Pays: Cable TV; Electricity Utilities: Natural Gas Available Water Source: Public
Listing Office: Adams, Cameron & Co., Realtors
Last Updated: May - 04 - 2025
Information deemed reliable but not guaranteed.

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