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For more information on this property, contact Mark Ramey at 407-956-6165 or team@themarkrameygroup.com

516 Phoenix Avenue
Daytona Beach, Florida FL 32118-4797
Price: $699,000
Listing ID O6059496
Status Active
SqFt 2,888
Acres 0.150
Subdivision Carew
Year Built 1935

Property Description:

Rare opportunity to own a 6-unit Apartment building just one block from Daytona Beach. Tenants are responsible for Lawn Care and Tenants pay for their own electricity. No trash collection or common electric costs to the landlord. The owner pays for water & gas for common water heater of approximately $350 per month. Shared Washer/Dryer for the building (Coin Operated). The unit mix consists of, One 2 bed with 1 bath unit, Three 1 bed with 1 bath units, and Two studios. Total potential gross monthly income of $7,850.

Primary Features

County: Volusia
Price Reduction Date: 2024-01-09T15:29:21+00:00
Property Sub Type: Multi-Family
Property Type: Residential Income
Subdivision: Carew
Year Built: 1935

Interior

Building Area Units: Square Feet
Cooling Type: Central Air
Fireplace: no
Heating Type: Central
Interior Features: Ninguno
Living Area Meters: 268.30
Living Area Source: Public Records
Living Area Units: Square Feet

External

Carport: no
Construction Materials: Other
Exterior Features: Other
Foundation Details: Slab
Garage: no
Lot Size Dimensions: 81x80
Lot Size SqFt: 6480
Lot Size Square Meters: 602
Number Of Units Total: 6
Pool Private: no
Road Surface Type: Other
Roof: Other
Sewer: Public Sewer
Total Acreage: 0 to less than 1/4
Total Number of Buildings: 1
Unit Count: 3
Utilities: Electricity Available, Water Available
Water Access: no
Water Extras: no
Water Source: Public
Water View: no
Waterfront: no

Location

Association: no
Community Development District: no
Country: US
MLS Area Major: 32118 - Daytona Beach/Holly Hill
Township: 15S

Financial

Annual Net Income: 81360.00
Current Price: 699000.00
Listing Terms: Cash, Conventional
Ownership: Fee Simple
Special Listing Conditions: None
Tax Annual Amount: 4615.1
Tax Book Number: 8-145
Tax Lot: 17
Tax Year: 2021

Zoning Info


Listed by: Sloane Realty, Llc 407-829-2418.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2024. 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 consumer 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties displayed may be listed or sold by various participants in the MLS. Data last updated on Friday, March 29th, 2024 at 12:35:35 AM.

Contact - Listing ID O6059496

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Mark Ramey

Orlando, FL 32819
Phone: 407-956-6165
Phone Alt: 407-421-9653

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