835 N Grandview Avenue, Daytona Beach, FL 32118

$799,000
9
BD
5
BA
3,886
SqFt

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List Price
$799,000
MLS#
NS1088114
Type
Multifamily
Bedrooms
9
Bathrooms
5
Living Area
3,886
Lot Size
10,500
Subdivision
East Daytona
Year Built
1968

Property Description

Rare opportunity to own a solid concrete block 4-plex just minutes from the beach and the Hard Rock Hotel — fully occupied and generating $5,050/month in rental income. Built in 1968 with the durability that only CBS construction delivers, this well-maintained property features one spacious 3BD/2BA unit and three 2BD/1BA units, each with two private entries and its own locked storage unit. All leases are month-to-month with rents currently below market, giving a new owner immediate upside potential. Upper units enjoy private balcony areas, and Unit 3 offers a peek-a-boo ocean view. Additional income streams include an on-site coin laundry (~$200–$300/mo), a rentable one-car garage, and two covered parking spaces. Recent upgrades include 2020 impact windows, storm shutters, new copper A/C refrigerant lines, a new retaining wall, and an irrigation well. Unit 4 (3/2) is fully renovated with all-new vinyl plank flooring and new bathrooms. Units 1 and 2 feature beautiful, durable terrazzo floors. Ideal for the investor seeking immediate cash flow with room to grow, or the savvy buyer who wants to live in the updated 3/2 unit while three rentals help cover the mortgage. Private storage for every tenant, coin laundry on-site, and a coastal location that keeps demand strong year-round. Don't miss this one.

Additional Information

Community Features
No Deed Restriction
Style
Quadruplex
Interior
Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Exterior Construction
Block
Exterior
Balcony, French Doors, Hurricane Shutters, Private Entrance, Storage
Roof
Shingle
High School
Mainland High School
Middle School
Campbell Middle
Elementary School
Beachside Elementary School
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Sprinkler Well, Water Connected
Floor
Carpet, Ceramic Tile, Luxury Vinyl, Terrazzo
Heating
Central
Cooling
Central Air
Pool Type
No Pool

Listing courtesy of EXP REALTY LLC.

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