1 of 22
3 bd2 baSingle Family
Tools
Size
3
Bedrooms
2
Full Baths
1,101 Sq Ft.
interior
Financial
$100,000
Change Currency
$91
Price Per Sqft
$1,077
Annual taxes
Listing Details
Single Family
Property type
1929
Year Built
12463499
Web Id
A11609028
MLS ID
55
Days Posted
Description
547 Division St,
Daytona Beach,
FL
32114
Daytona Beach, FL 32114
Investor Alert! Consider this fix-and-flip or fix-and-hold opportunity, yielding $2,052/month as per HUD (Section 8) for a single-family residence. With Section 8, expect a 15% annual increase in rental income. A three-bedroom, two-bathroom house in Daytona Beach presents an excellent rehab prospect. Offered at $93.81/sq ft, the property's estimated ARV post-renovation stands at $225,000. It requires a new roof (see attached estimate) and has an encroachment issue (see attached survey). Estimated repairs are $40,000, with a total investment of $140,000, leading to $85,000 of instant equity. Terms are cash only, and the encroachment will remain. Anticipate a 10% cap rate on your investment or opt for refinancing and cash out. This is a unique opportunity to become involved.
This is an Pending listing.
Broker Office Phone Number: 305-525-8947
Copyright © 2024MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Pending listing.
Broker Office Phone Number: 305-525-8947
Copyright © 2024MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Covered Carpark
- Driveway
Price History
| date | price | variance | type |
|---|---|---|---|
| 8/1/2024 | $100,000 | - | Contract |
| 7/24/2024 | $100,000 | - | Listed |
Listing By: One Key Realty via Data Source: MIAMI Association of REALTORS®
listing agent: Michael Aversano
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