117 Bellevue Ave Daytona Beach, FL 32114
Call to check price and availability
34-unit apartment building, renovated, high ROI.
Property Features for 117 Bellevue Ave
General Information
- Property type
- Multifamily properties
- Class
- B
Building Details
- Units
- 34
Listing Agent: Dino Dodani
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 34-unit apartment building in Daytona Beach, Florida, priced at $4,096,000 ($120,470.59 per unit). The property is classified as a Class B multifamily building and is an owner-user investment. All 34 units are situated across three renovated compounds within a two-minute drive of each other, simplifying management. A significant advantage is the recent replacement of all mechanical, electrical, and plumbing systems, minimizing future maintenance expenses. The current average rent per unit is $1,250, offering substantial upside potential for increased rental income. High-quality fixtures and furniture enhance the units' appeal and rental value. Located in Volusia County, Florida, at 117 Bellevue Ave, Daytona Beach, FL 32114 (29.1977559, -81.0137719), this property benefits from Daytona Beach's robust tourism industry and growing economy, creating strong rental demand. The city's attractive lifestyle, coupled with affordable real estate compared to other Florida destinations, makes this a compelling investment prospect with potential for significant returns. The property's location offers easy access to Daytona Beach's attractions, further enhancing its appeal to renters. This is a turnkey investment opportunity with a strong foundation for long-term growth and profitability.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0137719
- Latitude
- 29.1977559
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - 34-unit apartment building, renovated, high ROI.
Where is this multifamily property located?
The property is located at 117 Bellevue Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $4,096,000.
What are key features of this property?
This property features: 34-unit Class B multifamily property in Daytona Beach, FL, priced at $4,096,000 ($120,470.59 per unit).; Recently renovated with new MEP systems, minimizing future maintenance costs.; Currently generating $1,250 average monthly rent per unit, offering significant upside potential.