Price Reduction - Seller Financing
Address
162 S Peninsula DRIVE, DAYTONA BEACH, FL
Price
$ 740,000
Property Attributes
  • MLS#FC297545
  • TypeIncome
  • CountyVOLUSIA
  • CityDAYTONA BEACH
  • AreaDaytona Beach-Holly Hill
  • NeighborhoodAssessors Daytona Beach
  • Zip32118
  • StyleTriplex
  • Year Built1983
  • Taxes$ 4571
  • Price$ 740,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3264
  • Lot Size0.31 Acres
Data Source:
Stellar MLS
Property Description

Commercial Mix Use Triplex in the heart of Daytona Beach. The triplex is fully leased and producing great income. The dwelling sits on one parcel and it comes with a newly combined parcel to the north side giving you endless possibilities to expand or improve upon this investment property. The first level is the commercial space, as you walk into the space you have the waiting room, with a receptionist area adjoining. The commercial space is 1,632 square feet, has 8 bay offices, three bathrooms, a laundry room, and a kitchen. In front of the building is a parking lot, and on the south side is a outdoor common space that is fenced in for the tenants along with the entrance door to the two apartments on the upper level of the building. Each apartment is very spacious at 800 square feet with a full kitchen, living, and dinning area. The apartments are both one bedroom and one bathroom. Many improvements have been made to the building. commercial area has new concrete polished floors, exterior newly painted, newly built fence and a recent survey has been done. This is an incredible opportunity with endless potentials in a sought after area.

Price History
1/23/2024 Listed $750,000
5/5/2024 2% - $740,000

General Features

Interior Features Kitchen/Family Room Combo
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected
Roof Shingle
Exterior Features Other
Zoning RP
Construction Materials Metal Frame,Wood Frame
Year Built 1983
Levels One
Property SubType Triplex
Tax Year 2023
Percent Ownership Fee Simple
County Volusia
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name ASSESSORS DAYTONA BEACH
Garage Y/N No
Status Active
Directions 162 South Palmetto Avenue,Daytona Beach Florida 32118
City DAYTONA BEACH
Buyer Agent Compensation 3%
Senior Community Y/N No
Total Units 3
MLS Area 32118 - Daytona Beach/Holly Hill
Lot Size Square Feet 13750
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Peninsula
Listing Terms Cash,Conventional,Owner May Carry
Tax Annual Amount 4571
Public Remarks Commercial Mix Use Triplex in the heart of Daytona Beach. The triplex is fully leased and producing great income. The dwelling sits on one parcel and it comes with a newly combined parcel to the nort
Virtual Tour https://www.propertypanorama.com/instaview/stellar/FC297545
Days on Market 104
Standard Status Active
Tax Lot 11
Legal Description S 50 FT OF E 135 FT AS LIES W OF PENINSULA DR OF LOT 11 BLK 3 ASSESSORS SUB MB 3 PG 132 & N 10 FT OF ABANDONED ALLEY S OF SAME PER OR 2217 PG 0511 PER OR 5726 PG 1724 PER OR 5842 PG 2844 PER OR 6205
Water Access Y/N No
Water View Y/N No

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix DRIVE
Laundry Features Laundry Room
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 13750
Foundation Details Slab
Number of Buildings 1
Building Area Total 3648
Lot Size Acres 0.31
Road Surface Type Asphalt
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 32118

Price
AVG $650K
$740K
Taxes
AVG $3,856
$4,571
Visits
AVG 546
346
Data Provided by Inside Real Estate®
Year Built
AVG 1951
1983

Areas We Cover