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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

Overview

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.

Listing Details MLS# 1094215

General Property Information

Number Of Units Total
8
Building Area Total
7456
Year Built
1929
Lot Size Acres
0.21
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!''
Lot Size Dimensions
75x125
List Price/SqFt
111.19
Sold Price/SqFt
104.61

Property Features

Business Type: Commercial Current Use: Commercial; Multi-Family Sale Includes: Building & Land

Contract Information

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

Historical Information

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

More Information

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
Yes
Multi-Family
Yes

Business Type

Commercial
Yes

Sale Includes

Building & Land
Yes
Listing Office: SVN Alliance Commercial Real Estate Advisors
Last Updated: April - 25 - 2025
Information deemed reliable but not guaranteed.

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