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19811774
19811773

2215 N Atlantic Ave, Daytona Beach, FL 32118

DD
FL FL SL3221388
Epique Realty Inc
Listed by Epique Realty Inc
$1,400,000
133 days on market
Updated 39 days ago

Ocean and Beach Airbnb! Fully Renovated! Super Income!

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,800
Units 6
Occupancy 78%
Price per SqFt $241
Year Renovated 2023
Stories 1
Zoning c
Investment Type Stabilized

Multifamily | 6 Units

Marketing description

Whether you're looking to purchase one of my listings or explore opportunities elsewhere across the country, securing financing has never been easier. By visiting https://dinododani.commloan.com/ , you can apply for a loan online quickly and effortlessly.

Contact the lender for anything you are working on:

Ed Thach-Director

602-390-6800

ethach@commloan.com

Bringing Efficiency To Commercial Real Estate Lending

9112 E Verde Grove View, Suite 105

Scottsdale, AZ 85255

Beachside 6-Unit Complex with Ocean Views in Daytona Beach- link to airbnb - https://tr.ee/FPWZKLUKGr

Presenting a rare investment opportunity in the heart of Daytona Beach—a 6-unit complex perfectly situated just steps away from the world-famous shoreline. This well-maintained property offers a total of 12 bedrooms and 6 bathrooms, with each unit providing stunning ocean views and modern comforts that appeal to both vacationers and long-term renters.

Property Highlights:

  • Prime Beachside Location: Located directly across from Daytona Beach, this property offers unbeatable access to the beach, local attractions, restaurants, and nightlife, ensuring high occupancy rates year-round.

  • Ocean Views: Each unit boasts beautiful views of the Atlantic Ocean, providing guests with a serene and picturesque setting for their stay.

  • Fully Equipped Units: Every unit is furnished with a modern kitchen, including a stove, microwave, refrigerator, toaster, and coffee maker. All necessary dishes, utensils, and cookware are provided, along with linens, towels, and beach essentials.

  • Onsite Amenities: Guests can enjoy a shared outdoor pool with lounge chairs, BBQ grills, and outdoor seating. The property also offers onsite parking for up to 12 vehicles, a rare convenience in such a prime location.

  • Turnkey Investment: With a proven track record of high occupancy and excellent guest reviews, this property is a turnkey investment. It’s perfect for investors looking to capitalize on the strong demand for beachside rentals in Daytona Beach.

  • Family & Pet-Friendly: Each unit comfortably accommodates families, with spacious living areas, multiple beds, and a welcoming environment for pets.

This 6-unit complex is not only an ideal vacation rental but also offers potential for long-term tenants seeking a permanent residence near the beach. With easy access to public transportation and proximity to shopping at Bellair Plaza, this property offers a blend of convenience and coastal charm.

Seize this opportunity to own a prime piece of Daytona Beach real estate!

Investment highlights

Investment Highlights for Daytona Beach Area

  1. High Tourist Demand:

    • Daytona Beach is a top tourist destination, attracting over 10 million visitors annually. The area is famous for its 23 miles of sandy beaches, the Daytona International Speedway, and various annual events, including Bike Week and the Daytona 500. This consistent influx of tourists creates a robust demand for short-term rental properties.

  2. Strong Rental Market:

    • The local rental market benefits from both seasonal tourists and long-term renters. With a mix of vacationers and permanent residents, properties in this area enjoy year-round occupancy potential. The diversity of rental demand helps to stabilize rental income, making it a reliable source of cash flow.

  3. Appreciating Property Values:

    • Daytona Beach has seen consistent property value appreciation over recent years. The combination of ongoing development, infrastructure improvements, and increased interest from out-of-state investors has contributed to a strong upward trend in real estate prices, making it a lucrative market for property investment.

  4. Strategic Location:

    • Daytona Beach is centrally located along Florida’s Atlantic coast, offering easy access to other major cities like Orlando (an hour's drive away) and Jacksonville. The proximity to major highways and airports enhances the area's appeal to both tourists and residents.

  5. Pro-Business Environment:

    • The state of Florida is known for its favorable tax climate, with no state income tax and business-friendly regulations. This makes it an attractive location for investors seeking to maximize their returns.

  6. Growing Economic Development:

    • Daytona Beach is experiencing significant economic growth, driven by investments in infrastructure, tourism, and education (notably from institutions like Embry-Riddle Aeronautical University). These developments are expected to continue boosting the local economy, increasing property values and rental demand.

  7. Diverse Demographics:

    • The area attracts a diverse population, including retirees, young professionals, students, and seasonal visitors. This demographic diversity supports a variety of rental property types, from luxury vacation rentals to affordable long-term housing.

  8. Cultural and Recreational Attractions:

    • Beyond the beach, Daytona offers a range of cultural and recreational attractions, including museums, parks, and vibrant nightlife. These amenities enhance the quality of life for residents and appeal to a broad audience of potential renters.

  9. Event-Driven Revenue Opportunities:

    • The city hosts numerous large-scale events, including the Daytona 500, Bike Week, and Biketoberfest, which generate significant spikes in rental demand. Investors can capitalize on these events by adjusting rental rates to maximize revenue during peak times.

  10. Development Potential:

    • As Daytona Beach continues to grow, there are ongoing opportunities for development and redevelopment in the area. Investors can benefit from potential zoning changes, property improvements, and new construction projects that increase the value and appeal of their holdings.

This combination of factors makes Daytona Beach an attractive and promising location for real estate investors looking for both short-term income and long-term growth potential.

Listing Contacts

DD
FL FL SL3221388
Epique Realty Inc
Listed by Epique Realty Inc

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Additional Information

Name
Dino Dodani
License
FL SL3221388
Brokerage
Serhant
Brokerage Phone
3866790888
Title
FL
Brokerage Address
37 North Orange Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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