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900 S Peninsula Drive, Daytona Beach, FL 32118

$2,350,000

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Property Description

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.

900 S Peninsula Drive | MLS# R11094772

This commercial property located at 900 S Peninsula Drive, Daytona Beach, FL 32118 is currently listed for sale with an asking price of $2,350,000. Search Daytona Beach real estate on www.signwithsanford.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Heating: Central
Lot Size: 1.38 Acres
Roof Type: Concrete
Stories: 3.0
Taxes: $23,293
Year Built: 1972

Feature Descriptions

Days on Site: 327
Flooring: Carpet, Tile
HOA Fee: $7494/ Annually
Parcel#: 530958000250
Security: Fire Alarm
Sewer: Public Sewer
Units: 18
Water: Public

Listed By / Shown By

Listed By

Agency Name: FPB Investment Properties, Inc
Agency Phone: 561-566-6651

Shown By

Agent Name: The Sanford Group
Agent Phone: Cell: (904) 868-9651
Agency Title: Watson Realty Corp., REALTORS ®

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