3112 S ATLANTIC AVENUE

Daytona Beach Shores, FL 32118
$1,475,000
7500 sqft | 5 beds | 3.5 baths | #V4937523

Description

TURN-KEY READY PROPERTY!!! THREE INCOME-PRODUCING RENTAL UNITS & OFFICE SPACE FOR SALE!!! Located in the heart of Daytona Beach Shores, this GC1 - non-conforming residential property underwent a comprehensive transformation in 2023, ensuring every detail was addressed. The entire two buildings have been meticulously renovated from the ground up, featuring new electrical systems, plumbing, flooring, paint, fixtures, cabinets, kitchens, and bathrooms. This property includes approximately 631 sq ft of office space, ideal for various business uses or easily convertible into a fourth rental unit. Currently, there are three short-term income-producing residential rental units: two 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit, all meticulously renovated. The backyard has been transformed into a chic hub for relaxation, featuring a cozy fireplace where guests can unwind and enjoy the sunsets. Daytona Beach Shores is located in Volusia County Florida and is celebrated for its thriving business and tourism industry - and with this property zoned GC1 and GC2, there are endless opportunities to build upon the commercial tourism zoning that it offers!This property is just steps away from an array of shops and Publix grocery stores, restaurants, businesses, beaches, entertainment venues, and parks and attractions such as McElroy Park where you can exercise in the open gym, play pickleball, enjoy the dog park, or simply relax and take in the park's beauty. The property is also a short drive from the Daytona International Speedway, Convention Center, ballpark, and the new 30 million. Riverfront Esplanade, which spans a mile of Intracoastal waterway and is considered a premier gathering space and botanical garden. The vibrant community offers endless opportunities for both residents and visitors, making this a prime investment property.
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  • Interior Details
    • Interior Features
      • Interior:Kitchen/Family Room Combo
    • Beds & Baths
      • Bedrooms:5
      • Bathrooms:3.5
      • Full Baths:3
      • Half Baths:1
  • Property Details
    • Property
      • View:Water
      • Exterior materials:Outdoor Grill
    • Measurements
      • Square Feet:7500
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1949
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Septic Tank
      • Utility source:Public
      • Utility features:Cable Connected, Electricity Connected
  • Community and Neighborhood Details
    • Community
      • Subdivision:N/A
    • Location
      • County:Volusia
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 475, 000
      • Days on Market (Cumulative):62
      • Buying Agency Compensation:2.5%
      • Taxes annual:$5, 922
  • Other
    • Source
      • MLS #:V4937523

Location

Patricio R. MosqueraReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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