900 S Peninsula Drive, FL 32118

About This Property

Opportunity to acquire 18 units value-add in a 39-unit building under $150 per sq.ft. Currently at 6% cap with substantial upside. Waterfront property with immediate access to premier beaches and a private boat dock. All units are 2BR 1BA with central AC. New roofs - replaced in 2019. Concrete block product throughout. Situated in the heart of Daytona Beach, this property provides easy access to local attractions, dining establishments, shopping destinations and hospitals. Daytona Beach with its International Airport and vibrant atmosphere is a bustling city with year-round festivals and events, notably the iconic Daytona 500 NASCAR race.

Property Details

Property Type

Multi Family

Status

Active

MLS #

B26032628

Building Area

841 SF

Lot Size

1.38 acres

Year Built

1972

Zoning

0400 - CONDO

Units

18

Days on Market

14

Price

$2,350,000