143-145 East Michigan Avenue

Orange City, FL 32763

$750,000
Price
—
Beds
1,050 Sq. Ft.
$714 / Sq. Ft.
1,050
Sq. Ft.
$714
per Sq. Ft.

Description

Incredible investment prospect awaits an investor or operator! Take advantage of this property featuring a renovated single family home with two attached offices and equipped mechanic shop. The package includes essential tools like an air compressor, tire changer, 6 car lifts, storage space and a waste coolant tank. The property is presently leased, yielding a cap rate exceeding 6%, with potential for further growth. Strategically positioned in close proximity to I-4 and Daytona Beach/Orlando for...Incredible investment prospect awaits an investor or operator! Take advantage of this property featuring a renovated single family home with two attached offices and equipped mechanic shop. The package includes essential tools like an air compressor, tire changer, 6 car lifts, storage space and a waste coolant tank. The property is presently leased, yielding a cap rate exceeding 6%, with potential for further growth. Strategically positioned in close proximity to I-4 and Daytona Beach/Orlando for added convenience. Don't miss out on this exceptional opportunity!
  1. Listed by Jesus Garcia • LPT REALTY
  2. Listed by Endry Santos • LPT REALTY

Property Details for 143-145 East Michigan Avenue

Subdivision Name
VOLUSIA GARDENS
Township
17S
Waterfront
No

Location

Listing Courtesy of LPT REALTY, Jesus Garcia; LPT REALTY, Endry Santos
Add your commute
LISTING UPDATED: 03/21/2024 11:16 AM

Property Details for 143-145 East Michigan Avenue

StatusActive
MLS #O6167193
Days on Market117
Taxes$4,810 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Mixed Use
Year Built1952
Lot Size0.69 AC / 30,000 SF
CountyVolusia County

Location

Listing Courtesy of LPT REALTY, Jesus Garcia; LPT REALTY, Endry Santos
Add your commute

Building Information for 143-145 East Michigan Avenue

Stories1Residences-Year Built1952Building Size-Lot Size0.69 AC / 30,000 SF

Payment Calculator

$4,494 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$401

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 143-145 East Michigan Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1522.0
  • Building Area Units: Square Feet
  • Directions: From I4, Take 472 East, left on 17-92 and left onto E Michigan Ave
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Road Frontage Type: City Street
  • Unit Number: No
  • Street Number: 143 & 145
  • Street Direction Prefix: E
  • Street Name: MICHIGAN
  • Street Suffix: AVENUE
  • State: FL
  • City: ORANGE CITY
  • Between US 1 River YN: No
Taxes and HOA Information
  • Management: Owner Manager
  • Tax Block: 77-81
  • Tax Book Number: MB7-104
  • Tax Legal Description: 33-17-30 LOTS 77 TO 81 INC VOLUSIA GARDENS MB 7 PG 104 PER OR 2739 PG 0690 PER OR 8093 PG 3275 -AND- 33-17-30 LOTS 74 TO 76 INC VOLUSIA GARDENS MB 7 PG 104 PER OR 4094 PG 3263 PER OR 8093 PG 3275
  • Tax Lot: 77
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels Description: 703304000740
  • Additional Parcels: Yes
  • Lot Size Dimensions: 299x150
  • Parcel Number: 703304000770
  • Total Acreage: 1/2 to less than 1
  • Total Num Buildings: 3
  • Use Code: B
  • Water Access: No
  • Water Extras: No
  • Zoning: 01B4
  • Living Area: 1050
  • Lot Dimensions: 299x150
Property and Assessments
  • Year Built Numeric: 1952
  • Flood Zone Code: X
  • Net Operating Income: $60,000
  • New Construction: No
  • Number Of Lots: 2
  • Property Condition: Completed
  • Public Survey Range: 30E
  • Public Survey Section: 33
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Foundation Details: Slab
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Appliances: Dryer, Refrigerator, Washer
  • Cooling: A/C - Office Only, Central Air
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No

Property History for 143-145 East Michigan Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 143-145 East Michigan Avenue

This home is within Volusia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Woodward Avenue Elementary School
PublicPK to 5

Deland Middle School
Public6 to 8

University High School
Public9 to 12

Ivy Hawn Charter School Of The Arts
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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143-145 East Michigan Avenue is a multi-family home for sale in Orange City, FL 32763. This property was listed for sale on January 2, 2024 by LPT REALTY, it's currently listed at $750,000. This listing's school district is Volusia. Nearby schools include Woodward Avenue Elementary School, Deland Middle School and University High School. 143-145 East Michigan Avenue is a 0-bed, 0-bath, 1,050 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LPT REALTY, Jesus Garcia; LPT REALTY, Endry Santos

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 03/21/2024 11:16 AM