$1,100,000

706 S Martin Luther King Boulevard

DAYTONA BEACH FL, 32114

Description

Excellent stabilized investment property. Professionally managed apartment building with 100% occupancy. Building is in excellent shape and has no deferred maintenance . It features split floor levels with living area on the bottom floor in bedrooms are on the second level. All units have been totally renovated with new appliances, new electrical, new central heat and air, New plumbing, New Blinds, Renovated bathrooms, vanities and fixtures, New kitchen cabinets and counter tops for most. The entire building has been painted fresh with ample outside lighting, Great landscaping, Parking and Proper fence. The roof has also been freshly coated with Latex to make it water proof. These units are practically brand new. It also has Washers and Dryers on premises (coin operated). The building is also equipped with security cameras throughout the building for your safety and comfortable environment. It have plenty of storage space and small office space available if needed for extra storage or Property Manager. Building is close to the Halifax River, and minutes to the beach. The Daytona Beach area is home to numerous colleges and flight schools, all of which are in close proximity to this building, which provides for an increased number of potential tenants. Additional details and financials can be released with signed non-disclosure agreement.

Details

MLS#O5876440
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1968
Days On Site89

Features

SQ Feet8,772
ZoningRESIDENTIA
Acreage0.40

Market Activity 32114

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Area Information
StateFL
CountyVolusia
CityDAYTONA BEACH
Zip Code32114
Area32114 - Daytona Beach
Listing VS Median (in 32114)
Price:
$1,100,000
low | high
Med:
$171,325
100% of Average
SqFt:
8,772
low | high
Med:
1,699
100% of Average
$ / SqFt:
$125
low | high
Med:
$112
60.593383092063% of Average
On Site:
89
low | high
Med:
49.500000
100% of Average
Listing Updated: 09/27/2020
Maria Vega LogoMLS Number: O5876440
Listing Provided By:
Maria Vega  of  THE EXPERTS TEAM REALTY INC

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.