$1,650,000
3738 S Atlantic Avenue
Daytona Beach Shores, FL 32118
MLS# 1058448
6696 sqft

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3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118
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3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118 3738 S Atlantic Avenue, Daytona Beach Shores, FL 32118

Property Description
This property is located in the highly sought after Daytona Beach Shores. 19 rented units that have all been renovated, the ground floor has new tile, while the rest of the units have new carpet. All units have new appliances, interior and exterior paint and light fixtures have been added as well. Most units feature beautiful Ocean & Intracoastal views. Onsite fenced in pool for your privacy and enjoyment. The beach is right across the street and it's only a 5 Minute ride to Ponce Inlet. The options for entertainment are endless. Each unit brings in a minimum of $1,000 per month for a true 9% cap rate. The area is booming with new business and new projects do not miss out on your opportunity.

Details
Maps
Contract Information
Listing Date: 2019-06-05
List Price: $1,650,000
Current Price: $1,650,000
List Price/SqFt: 246.42
As Is Cond: Yes
Location, Tax & Legal
Area: 12 - S Dunlawton to N Ponce Inlet
Street #: 3738
Compass: S
Street Name: Atlantic
Street Suffix: Avenue
County: Volusia
State/Province: FL
Zip Code: 32118
Year Built: 1954
Style: Comm-Land & Bldg Incl
Tax ID: 6302-05-08-0180
Homestead Exempt: No
General Property Description
Commercial Property Type: Multi-Family-Commercial
Per Month $: 19000
Business Income/Oppty: Multi Family
Commercial Property Name: Famous Shores
Financial Package: Yes
% Occupancy: 100
Total # Units: 19
# Parking: 20
Living Area: 6696
SqFt Source: Appraisal
Lot Size: 100x205
Zoning: Multi-Family
Road Frontage: 100
Depth: 205
Current # Tenant: 19
Franchise Opt In: Yes
Status Change Info
Status: Active
Income/Operating Inc
Gross Income: 228000
Meters
# Electric Meters: 19
Property Features
Bldg Type/Location: Commercial; Condo; Hotel/Motel
Construction: Concrete Block
Air Conditioning: Wall/Window Units
Interior Improvement: Private Restrooms
Roof: Rolled
Parking: Lot
Included in Lease: Electricity Exterior; Electricity Interior; Lawn Care; Trash Removal; Water
Special Conditions: None
Condo Fees Include: Cable/Satellite; Electric; Pest Control; Trash; Water

Listing Office: Keller Williams Realty Florida Partners

Last Updated: August - 01 - 2019

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.

Sunday 18th of August 2019 06:06 PM