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607 Riverview Boulevard, Daytona Beach, FL 32118

$780,000
Property Type: Commercial Sale Square Footage: 7,456 Lot Size (sq. ft.): 9,148 Status: Closed
Current Price: $780,000 List Date: 3/30/2022 Last Modified: 4/25/2025

Description

Excellent beachside investment opportunity! Eight unit multifamily complex located a few minutes walk to the beach, with strong cashflow. This parcel contains two buildings with a total of six one bedroom apartments and two studio apartments. Situated less than one block west of A1A, this location is minutes from major roadways, shopping areas and the entertainment venues that make Daytona Beach ''The World's Most Famous Beach!''

Supplements: Two Buildings, one three story 6 unit and one duplex. Both buildings individually metered for electric. Owner pays water. Below market rents leave room for upside.

More Information MLS# 1094215

General Property Information

Lot Size Acres: 0.21 Number Of Units Total: 8 Association YN: No Water Body Access YN: No Waterfront YN: No Directions: One block west of A1A Public Remarks: Excellent beachside investment opportunity! Eight unit multifamily complex located a few minutes walk to the beach, with strong cashflow. This parcel contains two buildings with a total of six one bedroom apartments and two studio apartments. Situated less than one block west of A1A, this location is minutes from major roadways, shopping areas and the entertainment venues that make Daytona Beach ''The World's Most Famous Beach!'' Building Area Total: 7456 Lot Size Dimensions: 75x125 List Price/SqFt: 111.19 Sold Price/SqFt: 104.61 Year Built: 1929

Location, Tax, and Legal

Country: US Parcel Number: 5305-01-42-0090 Tax Annual Amount: 7464 Tax Year: 2021 Tax Legal Description: LOT 9 BLK 42 EAST DAYTONA PER OR 4426 PG 3069 PER OR 6790 PG 1024 PER OR 6790 PG 1388 PER OR 6937 PG 3053

Currently Not Used

Year Built: 1929

Current Use

Commercial: 1 Multi-Family: 1

Business Type

Commercial: 1

Sale Includes

Building & Land: 1

Historical Information

Public Historical Remarks 1: SqFt - Total: 7456.00; Confidential Listing: N; Commercial Property Name: 8 Unit; Franchise Opt In: No

Contract Information

Current Price: $780,000 Sold Price: $780,000 Status: Closed Listing Contract Date: 2022-03-10 Property Sub Type: Business

Location Tax and Legal

Street Number: 607 Street Name: Riverview Street Suffix: Boulevard County: Volusia State: FL Postal Code: 32118 MLS Area Major: 15 - Daytona Peninsula N of Seabreeze

Status Change Information

Major Change Timestamp: 2023-02-15T15:13:54Z Major Change Type: Status Change Purchase Contract Date: 2022-04-05 Close Date: 2022-05-23 Close Price: 780000

Property Features

Business Type: Commercial Current Use: Commercial; Multi-Family Sale Includes: Building & Land
Listing Office: SVN Alliance Commercial Real Estate Advisors
Last Updated: April - 25 - 2025
Information deemed reliable but not guaranteed.

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