311 South Palmetto Avenue
311 South Palmetto Avenue
$520,000
—
2,752
2,752
$189
Sold 9/15/23
Description
Rare Investment opportunity to own a triplex building in the heart of Daytona Beach in a prime location. This building is one of a kind, boasting a commercial unit on the main level with the original hardwood floors. The commercial space has a large spacious floor plan with two separate rooms, a kitchenette, one handicap accessible bathroom, a back storage utility space with a washer and dryer hookup. Upstairs there are two separate apartments. Apartment A has a open concept living, with one bedroom,...Rare Investment opportunity to own a triplex building in the heart of Daytona Beach in a prime location. This building is one of a kind, boasting a commercial unit on the main level with the original hardwood floors. The commercial space has a large spacious floor plan with two separate rooms, a kitchenette, one handicap accessible bathroom, a back storage utility space with a washer and dryer hookup. Upstairs there are two separate apartments. Apartment A has a open concept living, with one bedroom, one bathroom, and full kitchen. Apartment B has two bedrooms, one bathroom, a full kitchen and eat-in nook. New Plumbing, New electrical throughout, Freshly painted, New HVAC in the commercial unit, New Window units with heating and cooling in the upstairs apartments. High income generating leases already in place. Located near many restaurants, shops, and the marina. Daytona Beach is in a redevelopment phase, with a new scenic park within walking distance. This area is booming with all the new businesses and remodeling going on. Commercial building, can only be financed with a commercial loan, cash, or private money loan. Owner financing available with 50% down 3/5 year balloon at 7.5% interest rate.
- Listed by Jeremie Purdy • KW REALTY ATLANTIC PARTNERS ST AUGUSTINE
Property Details for 311 South Palmetto Avenue
Subdivision Name
BALCOM BLK 4 DAYTONA
Township15
WaterfrontNo
Location
LISTING UPDATED: 09/15/2023 04:20 PM
Property Details for 311 South Palmetto Avenue
Status | Sold |
---|---|
MLS # | FC289997 |
Days on Market | 149 |
Taxes | $3,768 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Triplex |
Year Built | 1940 |
Lot Size | 0.07 AC / 3,002 SF |
County | Volusia County |
Location
Building Information for 311 South Palmetto Avenue
Stories-Residences3Year Built1940Building Size-Lot Size0.07 AC / 3,002 SF
Payment Calculator
$3,152 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 311 South Palmetto Avenue
Property History for 311 South Palmetto Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 311 South Palmetto Avenue
Taxable ValueLand$17,400Additions$214,554Total$231,954
Tax Record2023$4,300 ($358 / month)
Home Facts
Baths3.5Total Finished SqFt2,752 SqFtAbove Grade Finished SqFt2,752 SqFtStories2Lot Size1,740 SqFtStyleStoresYear Built1940Year Renovated1998CountyVOLUSIAAPN5339-05-00-0143
Schools near 311 South Palmetto Avenue
This home is within Volusia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | PK to 12 |
Rating | School | Distance |
---|---|---|
Turie T. Small Elementary School PublicPK to 5 | ||
Campbell Middle School Public6 to 8 | ||
Mainland High School Public9 to 12 | ||
The Chiles Academy CharterPK to 12 |
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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