3635 Cardinal Blvd Daytona Beach Shores, FL 32118
- Small apartment buildings
- 6,800 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 3635 Cardinal Blvd
- Year built
- 1973
- Property size
- 6,800 SF
- Property type
- Small apartment buildings
Description
This exceptional four-unit multifamily property, located at 3635 Cardinal Boulevard in Daytona Beach Shores, Florida, presents a unique investment opportunity. Boasting 6,800 square feet on a 10,497.96 square foot lot, this three-story, 1973-built concrete block building offers stunning ocean views, just a block from the beach and a short distance from the river. The property comprises four townhouse-style units, each featuring three balconies and a back patio, along with a first-floor garage. Three units are currently rented on long-term leases, while one unit is utilized for short-term rentals, a significant income stream advantage. Recent renovations have enhanced three of the units. The building benefits from a newer roof (2017) and updated air conditioning systems. A convenient on-site laundry room adds to the property's appeal. The asking price is $1,550,000. For owner-occupant buyers, a 5% downpayment loan option is available, making this prime beachfront property an attractive and accessible investment. This is a rare opportunity to acquire a multifamily property in a highly desirable location with significant rental income potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Daytona Beach Shores
- County
- Volusia
- State
- Florida
- Longitude
- -80.9674674
- Latitude
- 29.1467608
