Top flor condo- Daytona Beach FL
Property Overview: In case you haven't noticed, cheap beachfront condos in Daytona have become a hot commodity. With beach goers from Orlando paying 300K and more for a beachfront condo in New Smyrna, wouldn't it make more sense for the investment minded buyer to save 100's of thousands on the purchase price to have your own private get away, while taking advantage of massive gatherings like the Daytona 500, Bike Week, etc to cash flow like a king? Onsite management charges 55% all-inclusive with a projected 52% occupancy rate for 2017.
Property Features include; Panoramic views of both the ocean and intracoastal, updated with beadboard walls and high end trim, upgraded furnishings and fixtures, a flat screen TV, and even a handicap accessible bathroom. As the owner you can stay 30 days max annually. Amenities include; oceanfront heated pool, tiki bar, sundeck, restaurant, fitness center, front desk rental program. Call or email for more details. This property is certain to sell quickly!
Bedroom: 1
Bath: 1
Open Parking
Ext Const: Block
Built: 1954
Sqft: 433
Ppsf: 87.52
Tax/Yr: 555.00
Septic/Sewer: Sewer
HOA: 318/mo
County: Volusia
Avg Rent = 95/nt
Gross Rent ROI = 43.7%
- Cash or Private Lender Only
- Minimum $3,000 nonrefundable deposit and signed paperwork required to buy one of these deals
- Buyer pays all closing costs for buyer and seller (avg 5%)