FOR SALE
$ 589,000 Est. Payment

640 N Wild Olive Avenue

Daytona Beach, FL 32118
General Commercial
Residence
0.19
Acre Lot
1of
Map
Photos
Listing courtesy of: Sean Concannon - NSB Homes LLC
Welcome to your next investment opportunity. This four unit income generating property is located within walking distance of the beach and Seabreeze BLVD, Daytona Beach’s night life district. This turn key home has been renovated from top to bottom with hand stained wood ceilings, stainless appliances, mosaic backsplashes, and custom artwork abound. Nothing has been overlooked, and everything has been meticulously maintained. This is a “one-of-a-kind” income property that you have to see to believe. This “1-4 family” investment property has the ability to produce an annual “potential gross income” of $67,000 generating a very favorable “cap rate” of ~9.2%, based on the general area’s market rents. The landlord is moving out of the area and is leaving the property in absolute pristine condition for the next owner to either rent the units or possibly choose to live on-site and manage the remaining units for income purposes. All measurements are deemed to be approximate and accuracy must be verified.
1055836
General Commercial, 2 Story
Volusia
1918
0.19 Acres
Public Water Service
2
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
People
Zip
City
County
National
15,977
64,736
517,887
321,418,820
3,772
1,060
453
89
1.9
2.2
2.5
2.6
55.1
40.6
46
37.4
$37,063
$28,164
$41,714
$53,482
$27,693
$18,378
$23,844
$28,555
 
Economy
Zip
City
County
National
6.20 %
6.20 %
5.10 %
5.20 %
1.60 %
1.60 %
1.60 %
1.60 %
37.00 %
37.00 %
38.10 %
38.00 %
6.50 %
6.50 %
6.50 %
6.00 %
0.00 %
0.00 %
0.00 %
4.60 %
99
88
96
100
 
Environment
Zip
City
County
National
8
9
26
1443
52.3
52.2
52
39.2
0
0
0
25.8
45.6
46.7
46.9
22.6
90.4
90.3
90.8
86.1
106
106
112
102
229
230
229
205
80
81
80
54
Source: Sperling's Best Places
Listing courtesy of: Sean Concannon - NSB Homes LLC
Robert Milligan, License BK3273906, Xome Inc., License CQ1043756, robert.milligan@xome.com, 844-400-XOME (9663), 2728 Central Park Drive, Sarasota, FL 34239


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