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800 Atlantic Ave Daytona Beach, FL 32118

For Sale
$799,000

Four Oceanview Condos, Prime Location

Description

Added:
Dec 11, 2024
Days on Market:
360
This exceptional investment opportunity presents a portfolio of four oceanfront condos situated at 800 N Atlantic Ave, Daytona Beach, FL 32118, within the Daytona Beach Club. The 117-unit, six-story building boasts stunning ocean views from each of the four condos included in this sale. Priced at $799,000 ($199,750 per unit), this portfolio offers significant potential. Built in 1970, the building recently underwent major improvements, including a new roof (2023) and is currently undergoing renovations to the seawall, pool, and outdoor areas (completion expected Fall 2024). Short-term rentals are permitted, making this ideal for Airbnb or VRBO operations. Each condo offers covered parking access via two sets of elevators. While the units require some renovation, the potential rental income can offset renovation costs. The low monthly maintenance fee of $450 includes building insurance, water, cable, and garbage disposal. Owner financing is available for qualified buyers, making this an attractive proposition for investors seeking a beachfront property or those looking to occupy one unit while renting the others. This is a rare opportunity to acquire a portfolio of oceanfront condos in a desirable location with significant upside potential.

Property Features for 800 Atlantic Ave

General Information

Property type
Multifamily properties

Building Details

Year Built
1970
Buildings
1
Units
4

HighLights

  • Owner financing available.
  • Excellent investment opportunity with potential for owner‑occupancy.
  • Low monthly HOA fee of $450 includes building insurance, water, cable, and trash.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Penthouse Suite-DIRECT OCEAN ... Serviced Apartment Daytona Beach Club Hotel

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Daytona Beach
County
Volusia
State
Florida
Longitude
-81.0136877
Latitude
29.2392937

FAQs

What type of property is this?
Multifamily property - Four Oceanview Condos, Prime Location
Where is this multifamily property located?
The property is located at 800 Atlantic Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Owner financing available.; Excellent investment opportunity with potential for owner-occupancy.; Low monthly HOA fee of $450 includes building insurance, water, cable, and trash.
More about this property
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