$2,350,000
166 Days On Market

Courtesy of FPB Investment Properties, Inc

Status: Active
Property Type: Multifamily (5+ Units)
Year Built: 1972
Days On Website: 166

Property Details for 900 Peninsula Drive, Daytona Beach, FL 32118

Opportunity to acquire 18 units value-add in a 39-unit building under $150 per sq.ft. Currently at 6% cap with substantial upside. Waterfront property with immediate access to premier beaches and a private boat dock. All units are 2BR 1BA with central AC. New roofs - replaced in 2019. Concrete block product throughout.Situated in the heart of Daytona Beach, this property provides easy access to local attractions, dining establishments, shopping destinations and hospitals. Daytona Beach with its International Airport and vibrant atmosphere is a bustling city with year-round festivals and events, notably the iconic Daytona 500 NASCAR race.

Listing

  • Source: Palm Beach
  • List price: $2,350,000
  • MLS ID: 20121115220811115022000000
  • Listing ID: RX-10994753
  • Listing date: 2024-06-08
  • Status: Active
  • For lease?: No
  • Annual

Bathrooms

  • 18 total bathrooms

Building

  • Built in 1972
  • 3 stories
  • 18 units in build
  • Square footage source: SimpleTemplate
  • 18 tenants
  • Smoke Alarm
  • Condo

Cooling

  • Central

Floors

  • Carpet
  • Tile

Heating

  • Central

Home Owner's Association

  • Annual association/condo dues: $7,494

Location

  • County: Volusia

Lot

  • 1 acres

Miscellaneous

  • Electric
  • Cash
  • Conventional
  • Exchange

Property

  • Property type: E
  • Zoning: 0400 - CONDO
  • Waterfront: Yes
  • Intracoastal

Roof

  • Concrete Tile

Taxes

  • Real estate taxes: $23,293
  • Year: 2023

Utilities

  • 18.00 meter
  • Public Sewer
  • Public Water

Map View


$2,350,000 - 900 Peninsula Drive, Daytona Beach, FL 32118

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900 Peninsula Drive
Daytona Beach, FL 32118
County: Volusia

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