Price Reduced 12.96%

$2,350,000

Est. Mortgage $12,038/mo *

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Price History

$2,700,000
6/8/2024

$2,350,000
8/5/2024

900 S Peninsula Drive, Daytona Beach, FL, 32118

900 S Peninsula Drive, Daytona Beach, FL, 32118
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1972

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.

Status:

Active

Type:

Commercial

Units:

18

Zoning:

0400 - CONDO

Building Type:

Condo

Heating:

Central

Cooling:

Central

Levels:

3

Acreage:

1.38

Est. Taxes:

$23,293

Current Use

Income

Utilities

Public Sewer,Public Water

Waterfront:

Yes

Lease Term Type:

Annual

Owner Pays:

Electric

MLS #:

RX-10994753

Community Info

School Info

Walk Score

Yelp

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