Daytona Beach, FL 32119,1830 Clyde Morris BLVD #40
$5,000,000
$5,000,000
Est.Price: ?

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176,418 SqFt

1830 Clyde Morris BLVD #40 Daytona Beach, FL 32119

Est. payment /mo
SOLD DATE : 10/29/2021

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Key Details

Sold Price $5,000,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 176,418 sqft

Price per Sqft $28

MLS Listing ID 1088313

Sold Date 10/29/21

Year Built 1987

Annual Tax Amount $40,751

Lot Size 4.050 Acres

Lot Dimensions 4.05

Property Sub-Type Business

Source Daytona Beach Area Association of REALTORS®

Property Description

50 unit garden multifamily property consisting of 6 buildings built in 1987. Amenities include two laundry facilities and 100 parking spaces (2 per unit). All units have individually metered water and electricity.

Excellent historical occupancy in high demand rental area.
19, one bedroom apartments (1 currently used as an office). 30, two bedroom apartments.
Property is serviced by city water and city sewer. Possibility of expansion.
Add value by passing on expenses to tenants (cable expense) and increasing rents.
Supported by large employment base and excellent access to I-95 & I-4.

Location

State FL

County Volusia

Direction Daytona Beach area, conveniently located on Clyde Morris Boulevard

Others

Senior Community No

Tax ID 5331-00-03-0200

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Listed by SVN Alliance Commercial Real Estate Advisors

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Robert Kazazian

Robert Kazazian

Agent | License ID: 3314089

+1(386) 320-6124

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