CASH COW OPPORTUNITY! Located in the heart of all of Daytona's

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Commercial For Sale

16 S GRANDVIEW AVENUE

Daytona Beach, Florida 32118

Volusia County

Community: ROGERS SEABREEZE

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$499,999 0 br, 0.0 bath 2972 sq. ft. 0.110 acres

CASH COW OPPORTUNITY! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 6 unit Multi-Family property that could be your next cash flowing machine. 6 Beds 8 Baths. INCOME AT 3,225.00+ PER MONTH EVEN WITH 2 UNITS OWNER OCCUPIED. AND AN OPPORTUNITY TO DOUBLE RENTS IMMEDIATELY. Walking distance to the Main Street Pier and Beach Access. This property is producing a NOI of 24,800.00 per year with plenty of room for easy increases rents have not been increased in years. This prime piece of investment property offers One (1) One Bedroom - Two Bathroom Unit. Three (3) One Bedroom - One Bathroom Units and (3) Three Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income Per Square Foot. A truly turnkey property that has plenty of income potential that has yet to be tapped into. Not In A Flood Zone And Did Great With The Hurricanes. 2018 Updated Roof. Each Unit Is Air Conditioned Via Window Unit. House is on ONE SINGLE METER. A Pre-Listing Inspection Has Been Performed Without Any Major Repairs Needed. Solid electrical and plumbing. Invest into a growing Area In Florida. Long term tenants are in place and have been in place for multiple years. Owner occupies two units and will be an opportunity for instant income increase. No leases are in place to allow for new buyer to do renovations and increase rents quickly. However tenants are in place now for instant return on investment. This is the multi family property you've been waiting to acquire to your investment portfolio! Call today to inquire more information.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 2972
  • Year Built: 1910
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.110 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Frame, Wood Siding
  • Roof: 
  • Property Taxes: $4,278
  • MLS #: NS1081584
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Contact Information:
phone Call now 1-855-943-4259
Beach Commercial For Sale in Daytona Beach, Florida
Listing Agent: James McQueen, LPT Realty, LLC., 386-516-3212, 877-366-2213 Listing Site, Listing Status: Active
Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 4963870
Viewed 29 times.
Updated: Nov 10, 2024

This property is a Commercial located at 16 S GRANDVIEW AVENUE, Daytona Beach, Florida 32118, and is currently For Sale at $499,999. This Commercial has 0 bedrooms, 0.0 baths, 2972 sq ft.