700 DAYTONA AVE Active Save Request In-Person Tour Request Virtual Tour
Daytona Beach,FL 32117
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,372 sqft
Price per Sqft $146
Subdivision Mason & Carswells Holly Hill
MLS Listing ID OM684774
HOA Y/N No
Originating Board Stellar MLS
Year Built 1923
Annual Tax Amount $4,259
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 100x180
Property Description
OPPORTUNITY AWAITS!! THIS AMAZING CASH COW RENTAL PROPERTY IS EXACTLY WHAT INVESTORS DREAM OF.. LOCATED 1 BLOCK FROM THE HALIFAX RIVER/INTRACOASTAL WATERWAYS. IT IS RIGHT IN THE HEART OF DAYTONA BEACH AND GREATER BEACHES AREA.. THIS PROPERTY CHECKS OFF ALL THE BELLS AND WHISTLES.. IT IS A HISTORIC PROPERTY AND HAS A RICH HISTORY AS THE FIRST HOSPITAL IN TO BE ERECTED IN HOLLY HILL FL. IT WAS BUILT IN 1935 AND LATER TURNED INTO A ELDERLY NURSING FACILITY IN 1950. HOLLY HILLS FL IS A SUBDIVISION WITH A RICH HISTORY IN THE GREATER DAYTONA BEACH AREA.. IF YOU GOOGLE MEAHL HOSPITAL HOLLY HILL FL. THERE ARE TONS OF ARTICLE COMMEMORATING THE AREA AND THIS PROPERTY.. IT IS ALSO PART OF THE NATIONAL HISTORIC SOCIETY AND PART OF FLORIDA'S HISTORY.. THE PROPERTY CURRENTLY HAS 3 STRUCTURES ONSITE AND IS USED AS A ROOMING HOUSE.. THE MAIN BUILDING IS OVER 2740 SQFT. WITH 7 BEDROOMS AND 2 1/2 BATHROOMS.. EACH ROOM IS RENTED OUT AND IS CURRENTLY BRINGING IN $4520 MONTHLY.. ALSO THERE IS A TINY HOUSE AND A COTTAGE. THE TINY HOUSE WAS BUILT IN 2018 AND IS BEING USED AS AN OFFICE/ LIVING QUARTERS FOR THE PROPERTY MANAGER.. THE TINY HOUSE HAS A FULL KITCHEN, FULL BATHROOM, LIVING ROOM AND LOFT FOR A SLEEPING AREA.. THE COTTAGE NEEDS SOME TLC BUT HAS TONS OF POTENTIAL. THE OWNER PUT ON A NEW METAL ROOF IN 2018, NEW EXTERIOR PAINT AND NEW HURRICANE IMPACT WINDOWS ON THE COTTAGE, IT IS CURRENTLY VACANT BUT WITH SOME UPGRADES THE COTTAGE COULD BE OPERATIONAL AND BRINGING IN MORE INCOME.. BETWEEN THE COTTAGE AND THE TINY HOUSE YOU COULD ADD AN ADDITIONAL $2000-2200 A MONTH IN GROSS INCOME.. THE MAIN BUILDING ALSO HAS SOME RECENT UPGRADES A NEW ROOF, NEW GUTTERS, NEW PAINT, 1/3 OF THE BUILDING HAS HURRICANE IMPACT WINDOWS AND NEW TILE FLOORING... THERE IS TONS OF POTENTIAL, YOU COULD POSSIBLY CONVERT THE PROPERTY BACK TO A HOSPITAL/ASSISTED LIVING FACILITY BASED ON THE ZONING AND ITS HISTORIC DESIGNATION. CURRENTLY THE OWNER PAYS FOR WATER, ELECTRICITY AND GAS WHICH OPERATES THE DRYER, STOVE AND WATER HEATER.. THIS PROPERTY IS CENTRALLY LOCATED AND CLOSE TO THE BEACH, HARD ROCK HOTEL AND EVERYTHING DAYTONA BEACH HAS TO OFFER. THIS SERENE ATMOSPHERE AND BEAUTIFUL WEATHER IS EXACTLY WHAT THE DOCTOR ORDERED. DON'T LET THIS AMAZING OPPORTUNITY PASS YOU BY. CALL NOW....
Location
State FL
County Volusia
Community Mason & Carswells Holly Hill
Zoning 09R3
Interior
Interior Features Other
Heating Electric,Gas
Cooling Central Air
Fireplace false
Laundry Common Area
Exterior
Exterior Feature Other
Utilities Available Cable Connected,Electricity Connected,Fiber Optics,Natural Gas Connected,Public,Sewer Connected,Water Connected
Waterfront false
Roof Type Metal,Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Membership Fee Required None
Special Listing Condition None