731 Florence St Daytona Beach, FL 32114
- Small apartment buildings
- 1,176 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 731 Florence St
- Year built
- 1952
- Property size
- 1,176 SF
- Property type
- Small apartment buildings
Description
This stabilized multifamily investment opportunity presents a fully occupied duplex in Daytona Beach, Florida. The property, located at 731 Florence St, Volusia County, 32114, consists of two one-bedroom, one-bathroom units, each approximately 492 square feet. Built in 1952 and extensively renovated in 2021, the property boasts a new roof, updated kitchens with newer cabinetry and elegant tile flooring, and modern bathroom tub surrounds. Each unit features convenient covered front and rear porches, with the rear porches providing laundry hookups. A large storage shed is situated within the fenced backyard. The total square footage is 1,176 square feet, with 984 square feet of net rentable space. The asking price is $225,000, representing $112,500 per unit and a price per square foot of $191.33. This property offers a compelling combination of updated amenities, high occupancy, and a desirable location, making it an attractive investment prospect. The property's APN is 5338-74-05-0050.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0413
- Latitude
- 29.2199