552 Fairmount Rd Daytona Beach, FL 32114
- Commercial real estate
- 1,550 SF
Current Use by Public Records
- Commercial real estate
Property Details for 552 Fairmount Rd
- Year built
- 1952
- Property size
- 1,550 SF
- Property type
- Commercial real estate
Description
This Daytona Beach, Florida triplex presents a compelling investment opportunity. Located at 552 Fairmount Rd, 32114, this single-story, 1952-built property sits on a 6,900 sq ft lot. The building comprises 1,550 sq ft of net rentable space, with air rights also totaling 1,550 sq ft. The property features three units: a 2-bedroom, 1-bathroom unit; a 1-bedroom, 1-bathroom unit; and a 1-bedroom, 1-bathroom unit with a den. Currently, one unit is occupied, while the remaining two are vacant, offering immediate potential for rental income. The property includes one water meter and one electric meter. The permitted zoning is 0803/MP. The asking price is $330,000. This property is being sold by owner and presents a unique chance to acquire a multifamily investment in a desirable location. The property's layout and size make it an ideal investment for both seasoned and new investors seeking a solid return on investment in the Daytona Beach market. The vacant units provide an opportunity to increase rental income quickly. The property's location in Volusia County offers easy access to local amenities and attractions.
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
- County
- Volusia
- State
- Florida
- Longitude
- -81.055772453733
- Latitude
- 29.209354993171
