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311 S Palmetto Avenue

Daytona Beach, FL 32114
  • $520,000
  • STATUS: Closed
  • ON SITE: 397 Days
  • MLS #: FC289997
Sold - 09/15/2023
$520,000
SOLD - 09/15/2023
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,752
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Description

Rare Investment opportunity to own a triplex building in the heart of Daytona Beach in a prime location. This building is one of a kind, boasting a commercial unit on the main level with the original hardwood floors. The commercial space has a large spacious floor plan with two separate rooms, a kitchenette, one handicap accessible bathroom, a back storage utility space with a washer and dryer hookup. Upstairs there are two separate apartments. Apartment A has a open concept living, with one bedroom, one bathroom, and full kitchen. Apartment B has two bedrooms, one bathroom, a full kitchen and eat-in nook. New Plumbing, New electrical throughout, Freshly painted, New HVAC in the commercial unit, New Window units with heating and cooling in the upstairs apartments. High income generating leases already in place. Located near many restaurants, shops, and the marina. Daytona Beach is in a redevelopment phase, with a new scenic park within walking distance. This area is booming with all the new businesses and remodeling going on. Commercial building, can only be financed with a commercial loan, cash, or private money loan. Owner financing available with 50% down 3/5 year balloon at 7.5% interest rate.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-04-19T11:22:25.2.
www.theduncanduo.com/homes/137833102
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311 S Palmetto Avenue Daytona Beach, FL 32114

  • Price: $540,000
  • Status: Closed
  • On Site: 397 Days
  • Updated: 48 min ago
  • MLS #: FC289997
0
Beds
0
Baths
0
½ Baths
0.14
Acres
2,752
SQFT
$0
$/SQFT
1940
Built
Neighborhood:
Balcom Blk 4 Daytona
County:
Volusia
Area:
Daytona Beach
Property Description
Rare Investment opportunity to own a triplex building in the heart of Daytona Beach in a prime location. This building is one of a kind, boasting a commercial unit on the main level with the original hardwood floors. The commercial space has a large spacious floor plan with two separate rooms, a kitchenette, one handicap accessible bathroom, a back storage utility space with a washer and dryer hookup. Upstairs there are two separate apartments. Apartment A has a open concept living, with one bedroom, one bathroom, and full kitchen. Apartment B has two bedrooms, one bathroom, a full kitchen and eat-in nook. New Plumbing, New electrical throughout, Freshly painted, New HVAC in the commercial unit, New Window units with heating and cooling in the upstairs apartments. High income generating leases already in place. Located near many restaurants, shops, and the marina. Daytona Beach is in a redevelopment phase, with a new scenic park within walking distance. This area is booming with all the new businesses and remodeling going on. Commercial building, can only be financed with a commercial loan, cash, or private money loan. Owner financing available with 50% down 3/5 year balloon at 7.5% interest rate.
Exterior Features

Carport Yn No Construction Materials BlockStucco Covered Spaces 0 Exterior Features Lighting Foundation Details Slab Open Parking YN No Parking Features On Street Pool Private Yn No Road Surface Type Paved Roof Other Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling Central AirOther Cooling YN Yes Fireplace Yn No Heating CentralOther Heating YN Yes Interior Features Ninguno Levels Two Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 37000 Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code Ae Garage Yn No Homestead Yn No Listing Terms CashConventionalPrivate Financing Available New Construction Yn No Ownership Fee Simple Property Sub Type Triplex Realtor Info As-Is Senior Community Yn No Special Listing Conditions None Tax Annual Amount 3768 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableElectricity ConnectedPublicSewer ConnectedWater Connected Zoning Rdd2


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of KW REALTY ATLANTIC PARTNERS ST AUGUSTINE: 904-797-7442.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-04-19T11:22:25.2.
 
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