Rare opportunity to own a solid concrete block 4-plex just minutes from the beach and the Hard Rock Hotel - fully occupied and generating $5,050/month in rental income. Built in 1968 with the durability that only CBS construction delivers, this well-maintained property features one spacious 3BD/2BA unit and three 2BD/1BA units, each with two private entries and its own locked storage unit. All leases are month-to-month with rents currently below market, giving a new owner immediate upside potential. Upper units enjoy private balcony areas, and Unit 3 offers a peek-a-boo ocean view. Additional income streams include an on-site coin laundry (~$200-$300/mo), a rentable one-car garage, and two covered parking spaces. Recent upgrades include 2020 impact windows, storm shutters, new copper A/C refrigerant lines, a new retaining wall, and an irrigation well. Unit 4 (3/2) is fully renovated with all-new vinyl plank flooring and new bathrooms. Units 1 and 2 feature beautiful, durable terrazzo floors. Ideal for the investor seeking immediate cash flow with room to grow, or the savvy buyer who wants to live in the updated 3/2 unit while three rentals help cover the mortgage. Private storage for every tenant, coin laundry on-site, and a coastal location that keeps demand strong year-round. Don't miss this one.
| MLS # | NS1088114 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1968 |
| Days On Site | 170 |
| Listing Provided By | EXP REALTY LLC | Robin Hart |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 3,886 |
| Garage | 1 |
| Car Port | Yes |
| Story(s) | 1 |
| Zoning | 0804-IMP |
| Acreage | 0.24 |
| Property | 11158 |
|---|
| State | FL |
|---|---|
| County | Volusia |
| City | DAYTONA BEACH |
| Zip Code | 32118 |
| Area | 32118 Daytona Beach | Holly Hill |
| Community Name | EAST DAYTONA |
| School District | Mainland High School |
| Elementary School | Beachside Elementary School |
| High School | Mainland High School |
| Listing VS Median (in EAST DAYTONA) | |
Price: $799,000 low | high Med: $467,450 sqft: 3,886 low | high Med: 2,989 $ / sqft: $206 low | high Med: $181 On site: 170 low | high Med: 422.5 | |
| State | FL |
|---|---|
| County | Volusia |
| City | DAYTONA BEACH |
| Zip Code | 32118 |
| Area | 32118 Daytona Beach | Holly Hill |
| Community Name | EAST DAYTONA |
| School District | Mainland High School |
| Elementary School | Beachside Elementary School |
| High School | Mainland High School |
| Listing VS Median (in EAST DAYTONA) | |
Price: $799,000 low | high Med: $467,450 sqft: 3,886 low | high Med: 2,989 $ / sqft: $206 low | high Med: $181 On site: 170 low | high Med: 422.5 | |