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Daytona Beach Shores Multi-family 42 Bedrooms For Sale Peninsula
| MLS #450569 | Daytona Beach Shores Multi-family 42 Bedrooms For Sale Peninsula | 140 Cascade Ter
Daytona Beach Shores, FL 32118 |
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$1,650,000.00
($110.00/sqft) | Daytona Beach Shores Multi-family For Sale
42 beds, 15000 living sqft |
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Price reduced $40,000.00 since 10/20/09 | MOTIVATED SELLER! TURNKEY CONDO PROJECT WITH CONDO DOCS!! ENGINEERING WORK COMPLETED, BUY IMMEDIATE AT WHOLESALE, NEW STUCCO AND FRESH PAINT ON BLDG EXTERIOR, 17 INCH WALL TO WALL TILE, NEW ROOF, 21 NEW AC UNITS, GRANITE COUNTERS IN KITCHEN, KOHLER FIXTURES, NEW BATHROOMS, CODE APPROVED SLIDING GLASS DOORS, APPROVED BY THE CITY, 21 UNIT APARTMENT COMPLEX WITH WASHER AND DRYER ON PREMISES, IN A MUCH SOUGHT AFTER AREA OF DAYTONA BEACH SHORES, DIRECTLY ACROSS THE STREET FROM THE WORLD`S MOST FAMOUS BEACH. WITHIN EASY WALKING DISTANCE TO ALL AMENITIES. GREAT INVESTMENT POTENTIAL ***CURRENTLY GROSSING $20,000 IN MONTHLY RENTAL INCOME!!POTENTIAL TO SELL CONDOS AT $5MILLION GROSS SALES!!!!
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Top Features: for sale , Subdivision: Peninsula , Lot SQFT: 15000sqft , Built in 1970
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This listing was first listed on this web site on October 20, 2009 and it was last updated on March 1, 2010
Detail Property Information
| state: | FL |
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| property type: | MULTIFAMILY |
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| county: | Volusia |
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| heating: | Central |
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| road frontage: | 200 |
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| pool: | None |
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| subdivision: | Peninsula |
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| outside features: | Balcony/Decking |
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| building type: | Apartment Bldg. |
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| construction: | Concrete Block |
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| roof: | Built Up |
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| road frontage depth: | 200 |
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| appliances: | Range, Refrigerator, Dishwasher, Disposal |
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| air conditioning: | Central |
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Unit or Room Information |
| efficiency desc: | 2 Bedroom |
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| efficiency halfbaths: | 1 |
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| bedroom units 1: | 10 |
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| inside features: | Coin-Op |
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| efficiency units: | 11 |
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| units: | 21 |
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| bedroom furnishings 1: | Unfurnished |
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| efficiency rooms: | 6 |
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| bedroom baths 1: | 1 |
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| bedroom desc 1: | 2 Bedroom |
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| efficiency furnishings: | Unfurnished |
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| bedroom rooms 1: | 5 |
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| efficiency baths: | 1 |
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| bedroom rent 1: | 825 |
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| efficiency rentals: | 900 |
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SQFT and Dimensions |
| sqft living area: | 15000 |
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| efficiency sqft: | 961 |
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| lot size: | X 40000 |
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| sqft total: | 15000 |
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| sqft 1 bedroom unit: | 845 |
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Parking |
| parking spaces: | 35 |
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| parking: | On Street, Off Street |
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Financing & Sale Information |
| owner pays: | Lawn Care, Insurance Exterior, Real Estate Taxes, Management Fees, Water |
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| tenant pays: | Cooling, Heating, Cable TV |
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| other income: | 6000 |
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| parcel number: | 533501050120 |
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| annual rent: | 217200 |
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| annual noi: | 144148 |
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Utilities |
| water: | Public |
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| sewer: | Public |
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| electricity meters: | 21 |
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Legal, Zoning & Restrictions |
| zoning: | COMMERCIAL |
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| legal desc: | LONG LEGAL |
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| directions: | ATLANTIC AVE ACROSS FROM THE HOLIDAY INN IN THE SHORES |
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| asis condition: | Yes |
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All Available Photos
Listing courtesy of Century 21 Executive Prop.
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