one property at a time.

🏠🤑 6 Units in PRIME Daytona Beach Location! âž¡ï¸ğŸ¡

Price
$659,900
Est. Resale Value
$870,000
46 S Oleander Ave, Daytona Beach, FL 32118, USA, ,

Overview

  • 10 Bedrooms
  • 6 Bathrooms
  • 2,861 ft
  • Year Built: 1950

Description

Photos
https://drive.google.com/drive/folders/1uO1XRWcQAW29rCG_i-dh2WhkitBS00Fr?usp=drive_link
Location, Location, Location!!!!!!

Sandwiched between Main St, and the well-known International Speedway Blvd, the subject property sits exactly where you want to be as an investor in Daytona Beach. It is centrally located only a few blocks from iconic Daytona Beach landmarks, activities, and tourist attractions such as:- Daytona Beach: “World’s Most Famous Beach”- Daytona Beach Main Street Pier- Daytona Lagoon: Amusement / Waterpark & go-karts- Daytona Beach Racing Memorial- Daytona Beach Bandshell- Hyde Park- Daytona Boardwalk Amusement center- Daytona Sling Shot- Historic Coquina Clock Tower- Peabody Auditorium- Ocean Center: Convention Center- Sun Splash Park
Breakdown of the 6 Units: 4 Units are 2/1’s with comps $2,100-$3,000 monthly- 2 Units are 1/1’s with comps $1,050-$1,150 monthly

This deal is priced to sell at ONLY $110k per door!Nearby multi unit buildings that are older like this one, regularly range from $140k-$186k per door, and many of them are wood frame. While our subject property isn’t new construction, it is concrete block, just like the newer built multi units, which can range from $230k-250k per door!!
Irreplaceable! The cheapest available property nearby is a 900 sq ft wood frame house 2/2 asking $300k! Meanwhile, our subject is only asking $110k per door!

International Speedway Blvd (SR92) is being upscaled w Bike Paths, wider sidewalks, medians, and more in April 2024!
You can walk to Main St for Bike Week & Biketoberfest!
Reroofed in 2021 with permit
CBS construction

Address: 46 S Oleander Ave, Daytona Beach, FL 32118, USA
State:
Zip: 32118
Country: United States
Open In Google Maps
Property Id : 65653
Price: $ 659,900
Property Size: 2,861 ft
Bedrooms: 10
Bathrooms: 6
ARV: $870,000
Property Type: Multifamily
Parking: Unassigned
Year Built: 1950
Lot Size: 0.086 acres

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