$385,000

725 N Peninsula Drive

Daytona Beach FL, 32118

Description

Have you been looking for an incredible real estate investment? THIS IS IT! The owners have given considerable investment into this property (125,000 since they bought it and into the stuff that actually matters, some you can see and some you can't) and can have it ready for any VA or FHA buyer. The upgrades are too many to list! Here is a property, that over the last 12 months, brought in $74,000 in gross revenue EVEN DURING THE PANDEMIC....I dare you to find that anywhere else at this price. Go ahead.......I'm waiting.....that's what I thought. Then you tell yourself, but if I move in, I won't make that kind of money occupying a unit there. But that wouldn't be entirely true if you were fine with living in the basement, with its own private steps and entrance. The ACTUAL CAP Rate for the

Details

MLS#1074814
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1921
Days On Site59

Features

SQ Feet2,988
Units3
Building(s)1

Market Activity 32118

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Area Information
StateFL
CountyVolusia
CityDaytona Beach
Zip Code32118
Area15 - Daytona Peninsula N of Seabreeze
Listing VS Median (in 32118)
Price:
$385,000
low | high
Med:
$220,000
92.857142857143% of Average
SqFt:
2,988
low | high
Med:
1,395
100% of Average
$ / SqFt:
$129
low | high
Med:
$158
27.603686635945% of Average
On Site:
59
low | high
Med:
39
100% of Average
Listing Updated: 10/22/2020
Maxwell Van Noppen LogoMLS Number: 1074814
Listing Provided By:
Maxwell Van Noppen  of  EXP Realty LLC