515 Silver Beach Avenue, Daytona Beach, FL 32118
$1,250,000
Property Type:
Residential Income
Bedrooms:
18
Square Footage:
8,878
Lot Size (sq. ft.):
13,504
Status:
Closed
Current Price:
$1,250,000
List Date:
1/28/2020
Last Modified:
9/23/2024
Description
14 Units. ONE Of the BEST, RENOVATED, BEACHSIDE, Concrete Apartment Buildings,STEPS TO BEACH ACCESS at Silver Beach Entrance. Such a property as this, is rarely offered for sale. All are Large, Spacious Apartments. Some of the recent upgrades include; Newer Roof, extensive interior renovations, appliances,electrical updating, and Quality Flooring. New Silver Beach Ave. Veteran's Bridge and park due to open early March, bringing thousands of cars past this building on the way to the Beach. Parking in both Front and Rear. Storage Units on site. Additional spaces for motorcycles, scooters, and bicycles. Professionally managed with high occupancy. Sidewalk in front leads directly to the public Beach. More Interior photos to come soon.
More Information MLS# 1067117
Location, Tax, and Legal
Country: US
Parcel Number: 5309-35-00-0070
Tax Annual Amount: 14761
Tax Year: 2019
Tax Legal Description: 9 15 33 LOTS 7 & 8 BEACON REALTY CO SUB PER OR 2122 PG 0899 PER OR 7046 PG 0195
Currently Not Used
Bedrooms Total: 18
Living Area Source: Appraiser
Building Area Total: 8878
Year Built: 1970
Carport YN: No
Pool Private YN: No
General Property Information
Lot Size Acres: 0.31
Lot Size Dimensions: 13,300
Living Area: 8818
Number Of Units Total: 14
Association YN: Yes
Association Fee 2: 0
Directions: From the Beach on A1A Atlantic Blvd., west 100 feet on Silver Beach Blvd., on the Right two Buildings.
Public Remarks: 14 Units. ONE Of the BEST, RENOVATED, BEACHSIDE, Concrete Apartment Buildings,STEPS TO BEACH ACCESS at Silver Beach Entrance. Such a property as this, is rarely offered for sale. All are Large, Spacious Apartments. Some of the recent upgrades include; Newer Roof, extensive interior renovations, appliances,electrical updating, and Quality Flooring. New Silver Beach Ave. Veteran's Bridge and park due to open early March, bringing thousands of cars past this building on the way to the Beach. Parking in both Front and Rear. Storage Units on site. Additional spaces for motorcycles, scooters, and bicycles. Professionally managed with high occupancy. Sidewalk in front leads directly to the public Beach. More Interior photos to come soon.
Water Body Access YN: No
List Price/SqFt: 158.77
Sold Price/SqFt: 141.76
Bedrooms Total: 18
Year Built: 1970
Status Change Information
Contingent Date: 2020-11-27
Major Change Timestamp: 2020-12-04T21:15:07Z
Major Change Type: Status Change
Purchase Contract Date: 2020-10-27
Close Date: 2020-12-01
Close Price: 1250000
Appliances
Electric Range: 1
Microwave: 1
Refrigerator: 1
Construction Materials
Block: 1
Concrete: 1
Cooling
Central Air: 1
Current Use
Multi-Family: 1
Exterior Features
Other: 1
Heating
Central: 1
Electric: 1
Income and Expenses
Gross Income: 10950
Gross Scheduled Income: 137400
Owner Pays
Exterior Maintenance: 1
Gas: 1
Grounds Care: 1
Insurance: 1
Management: 1
Pest Control: 1
Taxes: 1
Water: 1
Parking Features
Parking Lot: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Insurance: 1
Unit 1 Details
Unit ID: 10
Actual Rent: 795
Beds Total: 1
Full Baths Total: 1
Unit 2 Details
Unit ID: 4
Actual Rent: 875
Beds Total: 2
Full Baths Total: 1
Water Source
Public: 1
Historical Information
Public Historical Remarks 1: Financial Info: % Vacancy: 5; Property Name: Silver Beach Apartments; Meters: # Electric Meters: 14, # Gas Meters: 1, # Water Meters: 1; Road Frontage: 100; Depth: 133; Franchise Opt In: Yes
Contract Information
Current Price: $1,250,000
Sold Price: $1,250,000
Status: Closed
Listing Contract Date: 2020-01-28
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 515
Street Name: Silver Beach
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32118
Subdivision Name: Not In Subdivision
MLS Area Major: 14 - Daytona Peninsula S of Seabreeze
Property Features
Appliances: Electric Range; Microwave; Refrigerator
Construction Materials: Block; Concrete
Cooling: Central Air
Current Use: Multi-Family
Exterior Features: Other
Heating: Central; Electric
Owner Pays: Exterior Maintenance; Gas; Grounds Care; Insurance; Management; Pest Control; Taxes; Water
Parking Features: Parking Lot
Roof: Shingle
Sewer: Public Sewer
Tenant Pays: Cable TV; Electricity; Insurance
Water Source: Public
Listing Office:
RE/MAX Signature
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.