Multifamily (5+ units) For Rent

900 S Peninsula Drive, Daytona Beach, FL 32118

$2,350,000
1.38
Property Description

Opportunity to acquire 18 units value-add in a 39-unit building under $150 per sq.ft. Currently at 6% cap with substantial upside. Waterfront property with immediate access to premier beaches and a private boat dock. All units are 2BR 1BA with central AC. New roofs – replaced in 2019. Concrete block product throughout.Situated in the heart of Daytona Beach, this property provides easy access to local attractions, dining establishments, shopping destinations and hospitals. Daytona Beach with its International Airport and vibrant atmosphere is a bustling city with year-round festivals and events, notably the iconic Daytona 500 NASCAR race.

Basic Details
Listing Type : For Rent
Price : $2,350,000
Features
: Central
Central
Carpet,Tile
No
Concrete Tile
Location
US
FL
Volusia
Daytona Beach
32118
900 S Peninsula Drive, Daytona Beach, Fl 32118
Extended Details
Intracoastal
Cash,Conventional,Exchange
Public Sewer,Public Water
18.00
7494.00
18
0400 - CONDO
Yes
2023
$0
FPB Investment Properties, Inc
Roman Fischer
2700000.00
3.0
100.00
23293.13
beachesmls
Property TypeMultifamily (5+ units)
StatusActive
Listing IDRX-10994753
Year Built1972
Lot Area1.38
Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.

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