800 Atlantic Ave Daytona Beach, FL 32118

Property Details for 800 Atlantic Ave

Year built

1965

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.01 lot acres

Property size

540 SF

Property type

Warehouses

APN

5305-26-00-C004

APU

53052600C004

Description

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.

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Longitude

-81.0138

Latitude

29.2393

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments