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331 S Palmetto Avenue
Daytona Beach, FL 32114
MLS# 1034105 ID: 47933186
$775,000
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Property Description
Comm-Land & Bldg Incl - Daytona Beach, FL Long standing fully operational Daytona apartment house. The 40 room property has weekly and monthly rentals. Excellent steady income. Manager on site. Quality downtown location across from City Hall and close to the bus route. The main/front building has a new roof. There There are 27 standard rooms, 5 rooms with kitchenette, and 8 efficiency's with baths. There are 5 common baths. The current trending NOI for 2017 should produce about a 14% CAP rate. The price includes the exterior renovation of the building including all new windows, insulation, hardi-board siding, new paint, and new roof on lower section. Approximately half of the tenants have been there for over six months. This is an investment opportunity to earn a significant ROI! See attached renovation plans.
Property Features
Status
Last Updated June 18, 2018
Market Status Available
Description
Property Type Commercial
Year Built 1920
Building Features
Cooling System Window Unit(s) A/C
Exterior Features
Exterior Construction Wood
Parking On Street
Listing Features
Property Type Commercial; Comm-Land & Bldg Incl
Offered By:
Greg Antonich
RE/MAX Signature
Schools Near Property

Select a school from the list below to receive a free school report

School District Grades Type
Volusia County Public Schools Preschool-5 Public
Preschool-6 Private
Preschool-8 Private
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Preschool-12 Private
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Preschool-12 Private
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Volusia County Public Schools Preschool-preschool Public
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-11 Public
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Preschool-11 Private
Preschool-2 Private
Preschool-1 Private
Volusia County Public Schools Preschool-5 Public
Preschool-6 Private
Diocese Of Orlando Preschool-8 Catholic
Volusia County Public Schools Preschool-5 Public
Preschool-1 Private
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Preschool-12 Private
Diocese Of Orlando Preschool-8 Catholic
Preschool-8 Private
Diocese Of Orlando Preschool-8 Catholic
Diocese Of Orlando Preschool-8 Catholic
Diocese Of Orlando Preschool-8 Catholic
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Volusia County Public Schools Preschool-5 Public
Preschool-5 Private
Preschool-5 Private
Volusia County Public Schools Preschool-5 Public
Preschool-12 Private
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
School District Grades Type
Volusia County Public Schools Preschool-5 Public
Preschool-6 Private
Preschool-8 Private
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Preschool-12 Private
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Preschool-12 Private
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-11 Public
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Preschool-11 Private
Preschool-2 Private
Preschool-1 Private
Volusia County Public Schools Preschool-5 Public
Preschool-6 Private
Diocese Of Orlando Preschool-8 Catholic
Volusia County Public Schools Preschool-5 Public
Preschool-1 Private
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Preschool-12 Private
Diocese Of Orlando Preschool-8 Catholic
Preschool-8 Private
Diocese Of Orlando Preschool-8 Catholic
Diocese Of Orlando Preschool-8 Catholic
Diocese Of Orlando Preschool-8 Catholic
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Volusia County Public Schools Preschool-5 Public
Preschool-5 Private
Preschool-5 Private
Volusia County Public Schools Preschool-5 Public
Preschool-12 Private
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
School District Grades Type
2-12 Private
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools K-8 Public
K-12 Private
Preschool-6 Private
Preschool-8 Private
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Volusia County Public Schools K-5 Public
Volusia County Public Schools K-5 Public
Volusia County Public Schools K-5 Public
Volusia County Public Schools K-5 Public
Preschool-12 Private
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
K-12 Private
Preschool-12 Private
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Volusia County Public Schools K-5 Public
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools K-5 Public
Volusia County Public Schools Preschool-11 Public
K-10 Private
Palm Beach County School District K-8 Public
Pasco County Public Schools K-8 Public
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools K-5 Public
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools K-5 Public
Preschool-8 Private
4-12 Private
Volusia County Public Schools K-12 Public
Volusia County Public Schools K-8 Public
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Volusia County Public Schools K-8 Public
Preschool-11 Private
Preschool-2 Private
K-5 Private
Preschool-1 Private
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools K-5 Public
Preschool-6 Private
Volusia County Public Schools K-5 Public
Volusia County Public Schools K-5 Public
Volusia County Public Schools K-5 Public
Volusia County Public Schools K-5 Public
Volusia County Public Schools K-5 Public
Diocese Of Orlando Preschool-8 Catholic
Volusia County Public Schools Preschool-5 Public
Preschool-1 Private
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools K-5 Public
Volusia County Public Schools K-5 Public
Volusia County Public Schools K-5 Public
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools K-5 Public
Volusia County Public Schools K-5 Public
K-12 Private
Preschool-12 Private
Diocese Of Orlando Preschool-8 Catholic
Preschool-8 Private
Diocese Of Orlando Preschool-8 Catholic
Diocese Of Orlando Preschool-8 Catholic
Diocese Of Orlando Preschool-8 Catholic
Volusia County Public Schools K-5 Public
Volusia County Public Schools K-5 Public
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools K-5 Public
Volusia County Public Schools K-5 Public
Preschool-5 Private
Preschool-5 Private
Volusia County Public Schools K-5 Public
Volusia County Public Schools K-5 Public
Volusia County Public Schools Preschool-5 Public
K-12 Private
Volusia County Public Schools K-5 Public
Volusia County Public Schools K-5 Public
Volusia County Public Schools K-12 Public
Preschool-12 Private
Volusia County Public Schools Preschool-5 Public
Volusia County Public Schools Preschool-5 Public
Preschool-8 Private
School District Grades Type
2-12 Private
Volusia County Public Schools 7-12 Public
Volusia County Public Schools K-8 Public
K-12 Private
Volusia County Public Schools 6-8 Public
5-12 Private
Preschool-8 Private
Preschool-8 Private
Volusia County Public Schools 6-8 Public
Volusia County Public Schools 6-8 Public
Preschool-12 Private
Volusia County Public Schools 6-8 Public
Preschool-8 Private
K-12 Private
Preschool-12 Private
Volusia County Public Schools 6-8 Public
Preschool-8 Private
Volusia County Public Schools Preschool-11 Public
K-10 Private
Palm Beach County School District K-8 Public
Pasco County Public Schools K-8 Public
Volusia County Public Schools 6-12 Public
Volusia County Public Schools 6-8 Public
Preschool-8 Private
4-12 Private
Volusia County Public Schools K-12 Public
Volusia County Public Schools 6-8 Public
Volusia County Public Schools 6-12 Public
Volusia County Public Schools K-8 Public
Preschool-8 Private
Volusia County Public Schools K-8 Public
Preschool-11 Private
Volusia County Public Schools 6-8 Public
Volusia County Public Schools 6-8 Public
Diocese Of Orlando Preschool-8 Catholic
Volusia County Public Schools 6-12 Public
Volusia County Public Schools 6-8 Public
K-12 Private
Volusia County Public Schools 6-12 Public
Preschool-12 Private
Diocese Of Orlando Preschool-8 Catholic
Preschool-8 Private
Diocese Of Orlando Preschool-8 Catholic
Diocese Of Orlando Preschool-8 Catholic
Diocese Of Orlando Preschool-8 Catholic
Volusia County Public Schools 6-8 Public
Volusia County Public Schools 6-8 Public
Preschool-8 Private
Volusia County Public Schools 6-12 Public
Volusia County Public Schools 6-12 Public
Volusia County Public Schools 6-12 Public
K-12 Private
Volusia County Public Schools K-12 Public
Preschool-12 Private
Preschool-8 Private
School District Grades Type
2-12 Private
Volusia County Public Schools 7-12 Public
Volusia County Public Schools 9-12 Public
K-12 Private
5-12 Private
Preschool-12 Private
Volusia County Public Schools 9-12 Public
K-12 Private
Preschool-12 Private
Volusia County Public Schools 9-12 Public
Volusia County Public Schools 10-12 Public
Volusia County Public Schools 10-12 Public
Volusia County Public Schools Preschool-11 Public
Diocese Of Orlando 9-12 Catholic
Volusia County Public Schools 6-12 Public
4-12 Private
Volusia County Public Schools K-12 Public
Volusia County Public Schools 6-12 Public
8-11 Private
Preschool-11 Private
Volusia County Public Schools 9-12 Public
Volusia County Public Schools 9-12 Public
Volusia County Public Schools 6-12 Public
Volusia County Public Schools 9-12 Public
Volusia County Public Schools 9-12 Public
K-12 Private
Volusia County Public Schools 6-12 Public
Preschool-12 Private
Volusia County Public Schools 9-12 Public
Volusia County Public Schools 9-12 Public
Volusia County Public Schools 6-12 Public
Volusia County Public Schools 6-12 Public
Volusia County Public Schools 6-12 Public
K-12 Private
Volusia County Public Schools 9-12 Public
Volusia County Public Schools K-12 Public
Preschool-12 Private
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Recent Sales Near Property
Address Beds Baths Price
1 906 Magnolia, Daytona Beach, Fl 32114 2 1 $73,000
2 906 Magnolia, Daytona Beach, Fl 32114 2 1 $73,000
3 122 Caroline, Daytona Beach, Fl 32114 2 2 $67,000
4 416 Caroline, Daytona Beach, Fl 32114 4 2 $82,000
5 416 Caroline, Daytona Beach, Fl 32114 4 2 $82,000
6 244 Seneca, Daytona Beach, Fl 32114 2 1 $64,000
7 208 Seneca, Daytona Beach, Fl 32114 3 1 $135,000
8 215 Lanvale, Daytona Beach, Fl 32114 3 2 $28,239
9 221 Lanvale, Daytona Beach, Fl 32114 2 1 $90,000
10 238 Lanvale, Daytona Beach, Fl 32114 2 1 $122,000
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Receive a Free Community Profile
Quick Glance
Population 32,537
Population Growth -8%
Population Density 1923
Median Age 30.4
Median Income $25,589
Households 13,956
Weather
Jan Low 37.01
Jan High 61.97
July Low 68.93
July High 92.07
Annual Precipitation (in.) 64.17
Weather Risk Index* 311
*Index score (100 = National Average) that represents the total risk
Daytona Beach Demographics
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Daytona Beach Housing Statistics
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Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.

Data Provided by Daytona Beach Area Association of Realtors

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