Active

900 S Peninsula Drive

Daytona Beach FL, 32118

$2,350,000


Active

Commercial

Built in 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.

R10994753

MLS ID

June 9, 2024

Listed

September 17, 2024

Updated

Map

900 S Peninsula Drive
Daytona Beach FL, 32118

Interior Features

Total Stories

3


Floor Description

Carpet, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

1.38 Acres


Roof

Concrete


Sewer

Public Sewer

Other Property Details

Area Name

5940


Taxes

$23,293


Tax Frequency

Annually


Days on Market

84


Garage

No


View

No


County

Volusia County


Water Source

Public


Pool

No


Waterfront

Yes

Listing History

Date

Event

Price

8/5/2024

Price change

$2,350,000

-13%

Listed by: FPB Investment Properties, Inc
Listing Contact: (954) 852-9426 

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Data last updated 4:24 PM UTC, 9/17/2024

 

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