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708 E Intl Speedway BoulevardDaytona Beach, FL 32118

Davis Daytona Beach · Volusia County

$800,000List price
10Beds
9.5Baths9 full, 1 half
3,936Sq Ft
1920Year built
0.11Acre lot
3 months agoOn market

Description

What happens when you combine strong cash flow with an unbeatable beachside location? You get this fully occupied 9 unit apartment building located just one block from the Atlantic Ocean in Daytona Beach, the World's Most Famous Beach and the birthplace of NASCAR. Generating $9,730 in total monthly rental income, this property offers immediate income from day one with a desirable mix of unit sizes that helps attract a wide range of tenants and keeps rental demand strong. The heavy lifting has already been addressed with a new roof installed in 2023, along with a new sewer pipe and sewer line. The majority of the units have also been updated with tile flooring, tiled bathrooms, and modern finishes, providing investors with an attractive combination of current income and major property improvements. Location is everything, and this one puts residents close to the beach, restaurants, shopping, entertainment, nightlife, and everything Daytona Beach has to offer. Opportunities .. CON'T .. to acquire nine income producing units this close to the ocean are increasingly difficult to find. Whether you are expanding your portfolio, entering the multifamily market, or searching for the perfect 1031 exchange property, this is the beachside investment you have been waiting for. Nine units. Fully occupied. Strong monthly income. One block from the Atlantic Ocean. This is the one!

Property Information

Property type
Residential Income
Sub-type
Multi Family
Year built
1920
Living area
3,195 Sq Ft
Lot size
0.11 acres
Days on market
98
MLS® Listing#
1229221

Property Features

Appliances
Refrigerator · Gas Range
Cooling
Multi Units · Wall/Window Unit(s)
Heating
Varies by Unit
Parking
Unassigned
Lot features
Flag Lot
Construction
Block
Utilities
Natural Gas Available · Electricity Connected · Natural Gas Connected · Sewer Connected · Water Connected
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$12,222Tax year 2025
Parcel number
5309-09-04-0160

Directions

From I-95 and ISB take International Speedway Blvd. East. Turn Right at 708 E ISB

Listing Courtesy: Oceans Luxury Realty Full Service LLC - 3862363700

Presented by: Mike Bretzel

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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Connect with a Local Real Estate Expert

  • Gina Steger

    Associate Broker, Franchisee

    EXIT Real Estate Property Solutions

  • Don Hillyer

    Sales Representative

    EXIT Real Estate Property Solutions

  • Julie Hogan

    Sales Representative

    EXIT Real Estate Property Solutions

  • Jeff Basista

    REALTOR

    EXIT Real Estate Property Solutions

  • Scott Steger

    Franchisee, Broker of Record

    EXIT Real Estate Property Solutions