$499,999
16 S Grandview Avenue Daytona Beach, FL 32118
For Sale MLS# NS1081584
2,972 sq ft Multi-family
Details for 16 S Grandview Avenue
MLS# NS1081584
Description for 16 S Grandview Avenue, Daytona Beach, FL, 32118
HUGE OPPORTUNITY TO MAKE A KILLING! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 6 unit Multi-Family property that could be your next cash cow. 6 Beds 8 Baths. INCOME AT 3,225.00+ PER MONTH EVEN WITH 2 UNITS OWNER OCCUPIED. OPPORTUNITY TO DOUBLE RENTS IMMEDIATELY. Walking distance to the Main Street Pier and Beach Access. With 100 occupancy rate (2 Units are owner occupied) this property is producing a NOI of 24,800.00 per year with plenty of room for easy increases. This prime piece of investment property offers One (1) One Bedroom - Two Bathroom Unit. Three (3) One Bedroom - One Bathroom Units and Four Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income Per Square Foot. A truly turnkey property that has plenty of income potential that has yet to be tapped into. Not In A Flood Zone And Did Great With The Hurricanes. 2018 Updated Roof. Each Unit Is Air Conditioned Via Window Unit. A Pre-Listing Inspection Has Been Performed Without Any Major Repairs Needed. Unit is on One Electric Meter. Solid electrical and plumbing. Invest into a growing Area In Florida. Long term tenants are in place and have been in place for multiple years. Owner occupies two units and will be an opportunity for instant income increase. Monthly leases are in place for maximum flexibility for the new owner to do any wanted renovations. However tenants are in place now for instant return on investment.This is the multi family property you've been waiting to acquire to your investment portfolio! Call today to inquire more information.
Listing Information
Property Type: Commercial, Multi Family
Status: Active
Lot Size: 0.11 Acres
Square Feet: 2,972 sq ft
Year Built: 1910
Construction: Wood Siding,Wood Frame
Construction Display: New Construction
Subdivision: Rogers Seabreeze
Foundation: Slab
County: Volusia
Construction Status: New Construction
Interior Features
Basement: Crawl Space
Utilities
Cooling: Wall/Window Unit(s)
Exterior / Lot Features
Parking Description: Parking Space(s)
Driving Directions
TAKE INTERNATIONAL SPEEDWAY TO GRANDVIEW TURN LEFT.
Financial Considerations
Terms: Cash,Conventional,Other
Tax/Property ID: 5304-01-11-0050
Tax Amount: 4278
Tax Year: 2023
A broker reciprocity listing courtesy: LPT REALTY
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 16 S Grandview Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 16 S Grandview Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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