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Key Details
Sold Price $295,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,208 sqft
Price per Sqft $244
Subdivision Dixie Park
MLS Listing ID 1122969
Sold Date 05/28/24
Bedrooms 3
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1939
Annual Tax Amount $2,345
Lot Size 3,920 Sqft
Lot Dimensions 0.09
Property Description
Short Term Rental (STR) and Multi-Family Investors, this is what you have been looking for! Income producing two-unit property which is a legal STR. Currently the main house is rented on AirBnB and the secondary unit is long-term at $750/mo. Property is performing at an est. 19.8 - 23+% CAP, based on current numbers. Main house has been completely renovated through 2023 to include: 2022 Roof (both bldgs), 2022 Water Heater (both), electrical updates, HVAC 2020, foundation work, drywall updates, new paint inside and out, full kitchen & bathroom renovation, new flooring, new doors and windows, all new furnishings and decor, updated landscape, etc. Property currently averaging $6,400+ monthly gross. Turn key ready and sold with all furniture and decor as shown in listing. more... Amazingly performing property you must see. Seller will also supply all original marketing photos, ad copy, and other materials for buyer to set up STR accounts exactly the same. Cleaner and maintenance worker information will also be supplied. The rear unit, rented long-term, has not been renovated and would need updated flooring, interior paint, kitchen and bath in order to demand higher market rents. Information deemed to be accurate, buyer to perform own due diligence.
Location
State FL
County Volusia
Community Dixie Park
Direction US 1 North from LPGA, Right on 13th, Left on Woodward. Home on Right.
Interior
Heating Central, Electric, Heat Pump
Cooling Central Air
Exterior
Garage Guest, Off Street
Roof Type Shingle
Building
Water Public
Structure Type Frame
New Construction No
Others
Senior Community No
Tax ID 4242-45-02-0090
Acceptable Financing FHA, VA Loan
Listing Terms FHA, VA Loan
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