820 State Ave - Apartments FOR SALE


Daytona Beach, FL 32117- Greater Daytona
$519,000 USD
407-758-3166
820 State Ave, Daytona Beach, FL for Sale
$519,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

820 State Ave
Daytona Beach, FL 32117
Greater Daytona


HIGHLIGHTS

  • solid concrete-and-masonry | No HOA or condo fees
  • large lot with ample parking
  • upgraded owner’s suite
  • Tile floors throughout
  • Four electric meters and one shared water meter
  • New roof (2017) & upgraded electrical (2024)

OVERVIEW

Welcome to 820 State Ave in Daytona Beach. Exceptional Investment Opportunity This solid concrete-and-masonry building offers spacious two-bedroom apartments on a large lot with ample parking. The property includes an upgraded owner’s suite with a recently remodeled kitchen, and two full bathrooms—perfect for an owner/operator to live rent-free while collecting income from the remaining units. Property Highlights: Tile floors throughout for easy, low-maintenance living Centrally located in the Daytona Beach Metro area. Four electric meters (tenants pay electric) and one shared water meter (landlord pays water) New roof (2017) and upgraded electrical (2024) No HOA or condo fees Unit Mix: 3 units are 2 Bed / 1 Bath, approximately 850 sq ft living area and 1 unit is a 2 Bed / 2 Bath approximately 900 sq ft living area. Whether you're seeking a hands-on investment or a property to live and earn, 820 State Ave combines immediate income with long-term growth potential. PLEASE DO NOT DISTURB TENANTS IN APT 4. Two units are currently leased at $1,370 per month and the other two units have recently been vacated in preprartion for the sale.PLEASE DO NOT DISTURB TENANTS IN APT 2 & 4.

FOR SALE DETAILS

PRICE

$519,000 USD

PRICE/SF

$140 USD /SF

# OF UNITS

4

PRICE/UNIT

$129,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

09R3

APN/PARCEL ID

5337-37-02-0040

ASK ABOUT THIS PROPERTY

Matt WhiteSloane Realty, LLC / Matthew WhiteMore Info
407-758-3166

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Matt WhiteSloane Realty, LLC / Matthew WhiteMore Info
407-758-3166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.