708 Intl Speedway BLVD, Daytona Beach, FL 32118
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708 Intl Speedway BLVD, Daytona Beach, FL 32118
708 Intl Speedway BLVD, Daytona Beach, FL 32118
708 Intl Speedway BLVD, Daytona Beach, FL 32118
708 Intl Speedway BLVD, Daytona Beach, FL 32118
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708 Intl Speedway BLVD Daytona Beach, FL 32118

10 Beds

10 Baths

3,195 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,195 sqft

Price per Sqft $302

Subdivision Davis Daytona Beach

MLS Listing ID 1229221

Bedrooms 10

Full Baths 9

Half Baths 1

Year Built 1920

Annual Tax Amount $12,221

Lot Size 4,791 Sqft

Lot Dimensions 0.11

Property Sub-Type Multi Family

Source Daytona Beach Area Association of REALTORS®

Property Description

What happens when you combine strong cash flow with an unbeatable beachside location? You get this fully occupied 9 unit apartment building located just one block from the Atlantic Ocean in Daytona Beach, the World's Most Famous Beach and the birthplace of NASCAR. Generating $9,730 in total monthly rental income, this property offers immediate income from day one with a desirable mix of unit sizes that helps attract a wide range of tenants and keeps rental demand strong.

The heavy lifting has already been addressed with a new roof installed in 2023, along with a new sewer pipe and sewer line. The majority of the units have also been updated with tile flooring, tiled bathrooms, and modern finishes, providing investors with an attractive combination of current income and major property improvements.

Location is everything, and this one puts residents close to the beach, restaurants, shopping, entertainment, nightlife, and everything Daytona Beach has to offer. Opportunities .. CON'T .. to acquire nine income producing units this close to the ocean are increasingly difficult to find. Whether you are expanding your portfolio, entering the multifamily market, or searching for the perfect 1031 exchange property, this is the beachside investment you have been waiting for. Nine units. Fully occupied. Strong monthly income. One block from the Atlantic Ocean. This is the one!

Location

State FL

County Volusia

Community Davis Daytona Beach

Direction From I-95 and ISB take International Speedway Blvd. East. Turn Right at 708 E ISB

Interior

Heating Varies by Unit

Cooling Multi Units, Wall/Window Unit(s)

Exterior

Parking Features Unassigned

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Garage No

Building

Lot Description Flag Lot

Water Public

Structure Type Block

New Construction No

Others

Senior Community No

Tax ID 5309-09-04-0160

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Keller Williams Realty Florida Partners

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Heather DeMuth
Heather DeMuth

Agent | License ID: SL3366875

+1(386) 299-6914

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708 Intl Speedway BLVD