7 units! airbnb zoned! Currently rented long term!
Multifamily | 7.97% CAP
Marketing description
Commercial Sale Listing for Butler Blvd, Daytona Beach, FL 32118
Property Overview:
Butler Blvd, Daytona Beach, FL 32118
Daytona Beach, FL
Listing Type: Verified Commercial Multifamily Property
Property Type: Apartment Building
Total Units: 7
Building Size: 1 story
Year Built: 1948
Lot Size: 0.13 acres (approx.)
Zoning: Multi-Family Residential
Price: $790,000
Description:
Welcome to an exciting investment opportunity in the heart of Daytona Beach! This multifamily property on Butler Blvd features seven units, offering a solid income stream potential. Located just a short distance from Daytona Beach’s iconic shores, this property is perfectly situated in a high-demand rental market. Built in 1948, this single-story building has been maintained to reflect its timeless charm, offering comfortable living spaces ideal for long-term tenants or seasonal rentals.
The 32118 area is known for its rich amenities and vibrant atmosphere, making it a prime destination for both residents and vacationers alike. Local attractions, dining, and beach access are all within close proximity, providing an unmatched lifestyle appeal. With the Daytona International Speedway, Daytona Beach Boardwalk, and other attractions nearby, this property is perfectly positioned for investor growth.
Property Highlights:
- Unit Mix: 7 residential units (variety of 1-bedroom, 1-bath layouts)
- Land Use: Multifamily Residential
- Construction: 1 story with potential for updates to maximize returns
- Proximity to Beach: Walking distance to Daytona Beach
- Neighborhood: Popular tourist area with steady rental demand
Investment Details:
This is a rare opportunity to own a piece of Daytona Beach's thriving real estate market. The property's excellent location, combined with its rental potential, makes it an attractive option for investors looking to capitalize on the city's strong tourism and rental market. Please contact us for more information on financials, CAP rate estimates, and to discuss further details on potential cash flow.
Location & Accessibility:
This property is nestled in a bustling area of Daytona Beach with convenient access to highways, shopping centers, dining establishments, and local attractions. The property benefits from strong pedestrian traffic due to its proximity to the beach and boardwalk.
Zoning and Development Potential:
This property is zoned for multifamily residential, providing an excellent opportunity for future development or improvements. Investors looking to renovate or redevelop can leverage the property's prime location to increase its value.
Financing Made Easy:
Whether you're looking to purchase this property or explore opportunities elsewhere across the country, securing financing has never been easier. By visiting dinododani.commloan.com, you can apply for a loan online quickly and effortlessly. This platform offers competitive financing options to suit a variety of needs, making it simple to secure the funding you need for your next commercial real estate investment.
Contact Information:
For inquiries or to schedule a property tour, please contact:
Dino Dodani
Phone: (386) 679-0888
Email: dinod78@gmail.com
Don't miss out on this verified investment opportunity in one of Florida’s most desirable beachside markets!
Investment highlights
Investment Highlights for Butler Blvd, Daytona Beach, FL 32118
- Prime Location Near Daytona Beach:
- Situated in the highly desirable 32118 area, this property is just a short walk from the beach, placing it in one of the most sought-after rental markets in Florida. With proximity to key tourist attractions, restaurants, and shopping, the location offers immense appeal to both long-term tenants and short-term vacationers.
- Strong Income Potential:
- Featuring 7 residential units, this multifamily property provides a consistent income stream with opportunities to increase rent and maximize ROI. Its location near the beach ensures high demand for rental properties year-round, contributing to its solid rental income potential.
- Value-Add Opportunity:
- Built in 1948, this 1-story property offers investors the potential for updates and renovations. Improvements to the units or common areas can significantly increase the property's rental rates and overall value, giving investors a clear path to boost returns.
- Desirable Multifamily Zoning:
- Zoned for multifamily residential use, this property offers flexible investment opportunities. The zoning allows for potential redevelopment or expansion, providing long-term upside for investors seeking to maximize the use of the property.
- Tourism-Driven Market:
- Daytona Beach is one of Florida's most popular tourist destinations, drawing millions of visitors annually. This influx of tourists supports a strong rental market, with demand for both short-term vacation rentals and longer-term housing solutions for seasonal workers and residents.
- Proximity to Major Attractions:
- Located near popular landmarks such as the Daytona International Speedway and the Daytona Beach Boardwalk, the property benefits from the strong draw of these attractions. Easy access to highways and public transport further enhances its appeal for tenants and tourists alike.
- Competitive Purchase Price:
- Priced at $790,000.00, this property presents an attractive investment opportunity in a high-demand market. The competitive pricing allows for potential appreciation over time, especially with value-added upgrades or improvements to the property.
- Financing Solutions Available:
- Securing financing for this property has never been easier. Investors can visit dinododani.commloan.com to apply for competitive loan options quickly and efficiently. This streamlined process ensures that securing capital for this investment is both simple and accessible.
These investment highlights showcase the strong potential of this multifamily property on Butler Blvd in Daytona Beach, making it an ideal choice for investors looking to capitalize on the thriving real estate market in this iconic coastal city.
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