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767 ESPANOLA Avenue, Ormond Beach, FL 32174

$750,000
Property Type: Commercial Sale Status: Closed
Current Price: $750,000 List Date: 4/12/2016 Last Modified: 9/28/2024

Description

Income property in the path of progress. 2.2 +/- Acres with US Highway 1 frontage. Front and back portions included. 36 rental units. 2014 Net profit $76,000. Highest and best use is future commercial development.

More Information MLS# 1014797

General Property Information

Number Of Units Total: 36 Association YN: No Water Body Access YN: No Waterfront YN: No Directions: Just north of the Publix at US1 and Calle Grande Public Remarks: Income property in the path of progress. 2.2 +/- Acres with US Highway 1 frontage. Front and back portions included. 36 rental units. 2014 Net profit $76,000. Highest and best use is future commercial development. Year Built: 1960

Location, Tax, and Legal

Country: US Parcel Number: 4242-20-26-0040 Tax Annual Amount: 10591 Tax Year: 2015 Tax Legal Description: LOTS 4 TO 7 INC & LOTS 20 & 21 EXC ST RD BLK 26 & INC LOTS 41 TO 44 INC BLK 29 RIO VISTA MB 6 PG 25 INC PER OR 5300 PG 3124

Currently Not Used

Year Built: 1960

Current Use

Commercial: 1 Multi-Family: 1

Income and Expenses

Gross Income: 11055

Business Type

Commercial: 1

Sale Includes

Building & Land: 1

Historical Information

Public Historical Remarks 1: Zoning (Text): MH1 R5; # Parking: 40; SqFt - Total: 95200.00; Confidential Listing: N; % Occupancy: 90.00; Commercial Property Name: Perrywood Villas; Franchise Opt In: No

Contract Information

Current Price: $750,000 Sold Price: $750,000 Status: Closed Listing Contract Date: 2016-04-12 Property Sub Type: Business

Location Tax and Legal

Street Number: 767 Street Name: ESPANOLA Street Suffix: Avenue County: Volusia State: FL Postal Code: 32174 MLS Area Major: 41 - LPGA to Granada, E of Nova

Status Change Information

Major Change Timestamp: 2016-09-15T19:19:17Z Major Change Type: Status Change Price Change Timestamp: 2016-07-28T14:59:13Z Purchase Contract Date: 2016-08-01 Close Date: 2016-09-15 Close Price: 750000

Property Features

Business Type: Commercial Current Use: Commercial; Multi-Family Sale Includes: Building & Land
Listing Office: DLP Realty
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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