PRICE: $789,900 ·
ARV: $1,300,000 ·
Units: 5 ·
Total Beds: 13 ·
Total Baths: 6 ·
Year Built: 1950 ·
Parking: Driveway ·
Taxes: $2,935 ·
Madison Ave, Daytona Beach, FL 32114
Comp: $-
Description
📍 Madison Ave, Daytona Beach, FL 32114 | 5 Income-Producing Units | 🏡 Licensed for Hotel & Short-Term Rentals | 🌊 Just 2 Blocks from the Intracoastal!
💰 High Cash Flow Opportunity! This 5-unit property features a 4/2 ($3,600 rent), two 3/1 units ($2,700 each), a 2/1 ($1,400), and a 1/1 ($1,200)—delivering strong rental income in a prime location! With a licensed hotel & STR setup, you can maximize profits in this high-demand area.
💎 Cosmetic Updates: $60K | 🚰 New Waterlines & Plumbing: $20K | 🏠 Roofs: $35K
💰 Total Rehab: $115K | 🔥 ARV: $1.3M
🏝️ Steps from Mason Bridge & the Intracoastal, this investment is perfect for short-term rental growth or long-term income stability. Improvements have already been made since the last recorded videos! 📈🏡
Disclaimer:
Terms and conditions applicable to all transactions:
- Buyers must conduct their own due diligence.
- Properties are sold “AS-IS” without an inspection period.
- Buyer pays all closing costs.
- We sell assignable purchase contracts.
- No written or oral representations are made about the properties.
- A non-refundable earnest deposit is required.
- Proof of funds will be requested.
- We do not offer warranties on the property.
- We are not licensed contractors or appraisers.
- The seller holds an equitable interest in the property.
For properties under contract and for sale:
- Offers are cash or private money only.
- A minimum non-refundable deposit is required.
- Properties are sold “AS-IS” without contingencies.
- Buyers must conduct their own due diligence.
- Buyer pays all closing costs.
- Rehabilitation costs, taxes, and insurance are estimated.
- Open or expired permits are not a title defect.
We appreciate your loyalty and trust.