420 N Oleander Avenue, Daytona Beach, FL 32118 (MLS# 1106695)

420 N Oleander Avenue, Daytona Beach, FL 32118

$1,099,500

Virtual Tour

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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

Overview

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!

Listing Details MLS# 1106695

General Property Information

Number Of Units Total: 8
Bedrooms Total: 16
Living Area: 5928
Year Built: 1924
Lot Size Acres: 0.43
Lot Size Dimensions: 18700
Association YN: Yes
Water Body Access YN: No
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!
Association Fee 2: 0
List Price/SqFt: 185.48
Sold Price/SqFt: 185.48

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

Contract Information

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

Status Change Information

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

Income and Expenses

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

More Information

Unit 1 Details

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

Unit 2 Details

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

Unit 3 Details

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

Unit 4 Details

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

Unit 5 Details

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

Unit 6 Details

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

Unit 7 Details

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

Unit 8 Details

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

Historical Information

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

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

Appliances

Electric Range: Yes
Refrigerator: Yes

Construction Materials

Stucco: Yes

Current Use

Multi-Family: Yes
Single Family: Yes

Exterior Features

Balcony: Yes

Lot Features

Sprinklers In Front: Yes
Sprinklers In Rear: Yes

Owner Pays

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

Parking Features

Off Street: Yes
Parking Lot: Yes

Roof

Shingle: Yes
Other: Yes

Sewer

Public Sewer: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Utilities

Natural Gas Available: Yes

Water Source

Public: Yes

Listing Office: Adams, Cameron & Co., Realtors

Last Updated: May - 04 - 2025

Information deemed reliable but not guaranteed.

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