624 Braddock Avenue, Daytona Beach, FL 32118
$1,075,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
12,197
Status:
Closed
Current Price:
$1,075,000
List Date:
4/08/2024
Last Modified:
9/28/2024
Description
Extremely unique opportunity to purchase a concrete block construction, beachside apartment complex with big upside.
This unit, two-story, garden style apartment complex has been gutted and needs finishing. Full architectural plans included.
Unit mix consists of fourteen, 1-bedroom/1 bathroom apartments.
Owner installed a new roof in 2022, made concrete repairs, and has purchased many of the fixtures/supplies needed to finish including HVAC units, sheetrock, plumbing and electrical supplies, etc.
Just one property removed from busy A1-A and the World-Famous Daytona Beach, FL! Take advantage of an excellent rental market and GREAT UPSIDE once this property is renovated.
Supplements: Walking distance to restaurants, shopping, beach attractions, and hotels/resorts make easy work commute for tenants or excellent lifestyle for retired inhabitants.
More Information MLS# 1116900
General Property Information
Lot Size Acres: 0.28
Number Of Units Total: 14
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Located one property removed from State Route A1-A in Daytona Beach, FL on Braddock Avenue
Public Remarks: Extremely unique opportunity to purchase a concrete block construction, beachside apartment complex with big upside.
This unit, two-story, garden style apartment complex has been gutted and needs finishing. Full architectural plans included.
Unit mix consists of fourteen, 1-bedroom/1 bathroom apartments.
Owner installed a new roof in 2022, made concrete repairs, and has purchased many of the fixtures/supplies needed to finish including HVAC units, sheetrock, plumbing and electrical supplies, etc.
Just one property removed from busy A1-A and the World-Famous Daytona Beach, FL! Take advantage of an excellent rental market and GREAT UPSIDE once this property is renovated.
Year Built: 1967
Location, Tax, and Legal
Country: US
Parcel Number: 5309-18-00-0310
Tax Annual Amount: 14853
Tax Year: 2022
Tax Legal Description: LOT 31 BRADDOCK PARK DAYTONA BCH MB 20 PG 60 PER OR 4996 PG 4866 PER OR 5608 PG 2754 PER OR 6872 PGS 2178-2181 INC PER OR 6872 PGS 2185-2186 PER OR 7379 PG 527
Currently Not Used
Year Built: 1967
Current Use
Commercial: 1
Multi-Family: 1
Business Type
Commercial: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): SFR-5; SqFt - Total: 7120.00; Confidential Listing: N; Franchise Opt In: No
Contract Information
Current Price: $1,075,000
Sold Price: $1,075,000
Status: Closed
Listing Contract Date: 2023-12-05
Property Sub Type: Business
Location Tax and Legal
Street Number: 624
Street Name: Braddock
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32118
MLS Area Major: 14 - Daytona Peninsula S of Seabreeze
Status Change Information
Major Change Timestamp: 2024-05-31T15:58:28Z
Major Change Type: Status Change
Purchase Contract Date: 2024-04-23
Close Date: 2024-05-31
Close Price: 1075000
Property Features
Business Type: Commercial
Current Use: Commercial; Multi-Family
Sale Includes: Building & Land
Listing Office:
SVN Alliance Commercial Real Estate Advisors
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.