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Daytona Beach Shores Multi-family 42 Bedrooms For Sale Peninsula


MLS #450569 | Daytona Beach Shores Multi-family 42 Bedrooms For Sale Peninsula 140 Cascade Ter
Daytona Beach Shores, FL 32118
$1,650,000.00
($110.00/sqft)		Daytona Beach Shores Multi-family For Sale
42 beds, 15000 living sqft

Price reduced $40,000.00 since 10/20/09 | MOTIVATED SELLER! TURNKEY CONDO PROJECT WITH CONDO DOCS!! ENGINEERING WORK COMPLETED, BUY IMMEDIATE AT WHOLESALE, NEW STUCCO AND FRESH PAINT ON BLDG EXTERIOR, 17 INCH WALL TO WALL TILE, NEW ROOF, 21 NEW AC UNITS, GRANITE COUNTERS IN KITCHEN, KOHLER FIXTURES, NEW BATHROOMS, CODE APPROVED SLIDING GLASS DOORS, APPROVED BY THE CITY, 21 UNIT APARTMENT COMPLEX WITH WASHER AND DRYER ON PREMISES, IN A MUCH SOUGHT AFTER AREA OF DAYTONA BEACH SHORES, DIRECTLY ACROSS THE STREET FROM THE WORLD`S MOST FAMOUS BEACH. WITHIN EASY WALKING DISTANCE TO ALL AMENITIES. GREAT INVESTMENT POTENTIAL ***CURRENTLY GROSSING $20,000 IN MONTHLY RENTAL INCOME!!POTENTIAL TO SELL CONDOS AT $5MILLION GROSS SALES!!!!
Top Features: for sale , Subdivision: Peninsula , Lot SQFT: 15000sqft , Built in  1970
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This listing was first listed on this web site on October 20, 2009 and it was last updated on March 1, 2010

Detail Property Information

state:FL
property type:MULTIFAMILY
county:Volusia
heating:Central
road frontage:200
pool:None
subdivision:Peninsula
outside features:Balcony/Decking
building type:Apartment Bldg.
construction:Concrete Block
roof:Built Up
road frontage depth:200
appliances:Range, Refrigerator, Dishwasher, Disposal
air conditioning:Central

Unit or Room Information

efficiency desc:2 Bedroom
efficiency halfbaths:1
bedroom units 1:10
inside features:Coin-Op
efficiency units:11
units:21
bedroom furnishings 1:Unfurnished
efficiency rooms:6
bedroom baths 1:1
bedroom desc 1:2 Bedroom
efficiency furnishings:Unfurnished
bedroom rooms 1:5
efficiency baths:1
bedroom rent 1:825
efficiency rentals:900

SQFT and Dimensions

sqft living area:15000
efficiency sqft:961
lot size:X 40000
sqft total:15000
sqft 1 bedroom unit:845

Parking

parking spaces:35
parking:On Street, Off Street

Financing & Sale Information

owner pays:Lawn Care, Insurance Exterior, Real Estate Taxes, Management Fees, Water
tenant pays:Cooling, Heating, Cable TV
other income:6000
parcel number:533501050120
annual rent:217200
annual noi:144148

Utilities

water:Public
sewer:Public
electricity meters:21

Legal, Zoning & Restrictions

zoning:COMMERCIAL
legal desc:LONG LEGAL
directions:ATLANTIC AVE ACROSS FROM THE HOLIDAY INN IN THE SHORES
asis condition:Yes

All Available Photos

Listing courtesy of Century 21 Executive Prop.
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Daytona Beach Shores Multi-family 42 Bedrooms For Sale Peninsula