$1,300,000
299 Roosevelt Park
Ormond Beach, FL 32174
MLS# 1036822
45 beds  |  15191 sqft


299 Roosevelt Park, Ormond Beach, FL 32174
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299 Roosevelt Park, Ormond Beach, FL 32174 299 Roosevelt Park, Ormond Beach, FL 32174 299 Roosevelt Park, Ormond Beach, FL 32174 299 Roosevelt Park, Ormond Beach, FL 32174 299 Roosevelt Park, Ormond Beach, FL 32174 299 Roosevelt Park, Ormond Beach, FL 32174 299 Roosevelt Park, Ormond Beach, FL 32174

Property Description
Once in a lifetime opportunity to invest in an entire block of Ormond Beach rental homes on a total of 1.98 acres. Future use could be building your dream home walking distance from the river with the collection of monthly rental income in the interim. This is an ugly, yet high performing portfolio. 20 Rental units; 19 units occupied, 1 unit used as owner maintenance/storage, includes vacant corner lot, and one additional vacant parcel. Re: President's Square, 000 Roosevelt, Ormond Beach, Florida, Proof of funds; $250,000, 48 notice required.

Details
Maps
Contract Information
List Price: $1,300,000
List Price/SqFt: 85.58
Current Price: $1,300,000
Location, Tax & Legal
Street #: 299
Street Name: Roosevelt Park
County: Volusia
State/Province: FL
Zip Code: 32174
Area: 41 - LPGA to Granada, E of Nova
Style: 5+ Units
Tax ID: 4222-20-00-0180
Homestead Exempt: No
General Property Description
Total # Units: 20
Bedrooms: 45
Supra: No
Living Area: 15191
SqFt - Total: 16661
SqFt Source: Property Appraiser
Year Built: 1958
New Builder Home: No
As Is Cond: Yes
Special Contingency: No
Zoning: Multi-Family
Zoning (Text): R-3c
Subdivision: Roosevelt Park
Property Name: President's Square
Maint Fee Paid: N/A
Lot SqFt: 86310
Road Frontage: irregular
Depth: irregular
Franchise Opt In: No
Status Change Info
Status: Active
Financial Info
Gross Monthly Rent: 12083
Gross Income: 145000
Net Operating Income: 119000
Meters
# Electric Meters: 20
# Water Meters: 20
Property Features
Building Type: Combination
Construction: Concrete Block
Land Type: 1 - 5
Waterfront: None
Air Conditioning: Wall/Window Units
Heating: Wall/Window Units
Appliances: Range; Refrigerator
Parking: Off Street
Roof: Built-Up
Tenant Pays: Electric; Gas; Water
Owner Pays: Lawn Care; Management Fees; Real Estate Taxes
Sewer: Public Sewer
Supplements
274 Roosevelt Drive A, Ormond Beach, FL 32174 Duplex 2 1 occupied 540 274 Roosevelt Drive B, Ormond Beach, FL 32174 Duplex 2 1 occupied 540 278 Roosevelt Drive A, Ormond Beach, FL 32174 Duplex 2 1 occupied 635 278 Roosevelt Drive B, Ormond Beach, FL 32174 Duplex 2 1 occupied 525 279 Roosevelt Drive, Ormond Beach, FL 32174 SFR 3 1 occupied 905 283 Roosevelt Drive, Ormond Beach, FL 32174 SFR 3 1 occupied 850 288 Roosevelt Drive, Ormond Beach, FL 32174 Vacant Land 0 0 299 Roosevelt Drive, Ormond Beach, FL 32174 SFR 3 2 occupied 875 300 Roosevelt Drive, Ormond Beach, FL 32174 SFR 3 1 vacant 0 305 Roosevelt Drive, Ormond Beach, FL 32174 SFR 3 1 occupied 895 306 Roosevelt Drive, Ormond Beach, FL 32174 SFR 2 1 Occupied 795 134 Fairview Avenue A, Ormond Beach, FL 32174 Duplex 2 1 occupied $725 134 Fairview Avenue B, Ormond Beach, FL 32174 Duplex 2 1 occupied $725 290 Grove Street, Ormond Beach, FL 32174 Duplex 2 1 occupied 750 292 Grove Street, Ormond Beach, FL 32174 Duplex 2 1 occupied 700 265 S Washington Street, Ormond Beach, FL 32174 Vacant Land 0 275 S Washington Street A, Ormond Beach, FL 32174 Duplex 2 1 occupied 530 275 S Washington Street B, Ormond Beach, FL 32174 Duplex 2 1 occupied 560 279 S Washington Street A, Ormond Beach, FL 32174 Duplex 2 1 occupied 695 279 S Washington Street B, Ormond Beach, FL 32174 Duplex 2 1 occupied 710 283 S Washington Street A, Ormond Beach, FL 32174 Duplex 2 1 occupied 550 283 S Washington Street B, Ormond Beach, FL 32174 Duplex 2 1 occupied 598

Listing Office: DLP Realty

Last Updated: January - 10 - 2018

Listing data provided by the Daytona Beach Area Association of REALTORS®' Internet Data Exchange (IDX) program. Data is believed to be accurate but not warranted.

Friday 19th of January 2018 03:53 AM