708 E Intl Speedway Boulevard, Daytona Beach, FL 32118
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  • MLS#: 1229221 ( Residential Income )
  • Street Address: 708 E Intl Speedway Boulevard
  • Viewed: 28
  • Price: $900,000
  • Price sqft: $229
  • Waterfront: No
  • Year Built: 1920
  • Bldg sqft: 3936
  • Bedrooms: 10
  • Total Baths: 10
  • Full Baths: 9
  • 1/2 Baths: 1
  • Days On Market: 48
  • Additional Information
  • Geolocation: 29.2213 / -81.0066
  • County: Volusia
  • City: Daytona Beach
  • Zipcode: 32118
  • Subdivision: Davis Daytona Beach
  • Provided by: Keller Williams Realty Florida Partners
  • Daytona Beach Area Association of REALTORS®
  • DMCA Notice
  • Description
    What happens when you combine strong cash flow with an unbeatable beachside location? You get this fully occupied 9 unit apartment building located just one block from the Atlantic Ocean in Daytona Beach, the World's Most Famous Beach and the birthplace of NASCAR. Generating $9,730 in total monthly rental income, this property offers immediate income from day one with a desirable mix of unit sizes that helps attract a wide range of tenants and keeps rental demand strong. The heavy lifting has already been addressed with a new roof installed in 2023, along with a new sewer pipe and sewer line. The majority of the units have also been updated with tile flooring, tiled bathrooms, and modern finishes, providing investors with an attractive combination of current income and major property improvements. Location is everything, and this one puts residents close to the beach, restaurants, shopping, entertainment, nightlife, and everything Daytona Beach has to offer. Opportunities .. CON'T .. to acquire nine income producing units this close to the ocean are increasingly difficult to find. Whether you are expanding your portfolio, entering the multifamily market, or searching for the perfect 1031 exchange property, this is the beachside investment you have been waiting for. Nine units. Fully occupied. Strong monthly income. One block from the Atlantic Ocean. This is the one!
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Features
Land Information
  • Lot Features: Flag Lot
Garage and Parking
  • Parking Features: Unassigned
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Multi Units, Wall/Window Unit(s)
  • Heating: Varies by Unit
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Tax Year: 2025
Other Features
  • Appliances: Refrigerator, Gas Range
  • Legal Description: LOT 16 EXC E 37.38 FT ON N LINE OF N 80.6 FT ON E LINE BLK 4 DAVIS DAYTONA BEACH PER OR 4318 PG 2500 PER OR 8016 PG 1466 PER OR 8261 PG 2499
  • Parcel Number: 5309-09-04-0160
  • Views: 28