112 N Peninsula Dr - Apartments FOR SALE


Daytona Beach, FL 32118
$835,000 USD
386-295-0950
112 N Peninsula Dr, Daytona Beach, FL for Sale
$835,000 USD
Apartments - FOR SALE
1/19
null | 8.43% Cap Rate

112 N Peninsula Dr
Daytona Beach, FL 32118


HIGHLIGHTS

  • Beautiful 4 unit short-term approved vacation rental complex
  • Just a few blocks to the OCEAN!
  • Totally rebuilt and remodeled to the T in 2019!

OVERVIEW

INVESTORS!!! Come see this stunning 4 unit complex with complete high end remodel! This is a legal, licensed short term rental. Airbnb approved! Properties like this are extremely hard to find in the HEART of DAYTONA BEACH! Many 5 STAR REVIEWS and just a few blocks to the OCEAN, The Bandshell, Boardwalk, Ocean Walk, Famous Main Street, Convention Center, Peabody Auditorium, Daytona Lagoon Water Park, tons of great restaurants RIGHT THERE! You can also rent long term if you like! One of the units is rented long term for $1500 per month. The rentals brought an 8.3% Cap in 2023! This outstanding quad was totally rebuilt and remodeled to the T in 2019! Brand New Isoboard with modified Bitumen roof in July 2021! This remarkable Beach Side complex has 3 one bed/one bath units and 1 two bed/one bath units. Each apartment has it's own washer/dryer inside unit! The first floor has TWO outdoor patios, the 2nd floor has a spacious and fabulous outdoor deck to enjoy lovely beachy cross breezes!

FOR SALE DETAILS

PRICE

$835,000 USD

PRICE/SF

$278 USD /SF

# OF UNITS

4

PRICE/UNIT

$208,750

CAP RATE

8.43%

% LEASED

20%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,490 SF

ZONING

Multi Family

APN/PARCEL ID

5305-08-13-0052

ASK ABOUT THIS PROPERTY

Team KogutAdams Cameron & Co.More Info
386-295-0950

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Team KogutAdams Cameron & Co.More Info
386-295-0950

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