REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Marlon Persaud

marlon@thepersaudgroup.com +1(407) 760-9778

$ 339,900

Est. payment -/mo

Save Virtual Tour

Active

415 VERMONT AVE Daytona Beach, FL 32118

8 Beds

4 Baths

2,540 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,540 sqft

Price per Sqft $133

Subdivision Marshall Park Daytona Beach

MLS Listing ID O6419103

Bedrooms 8

HOA Y/N No

Year Built 1908

Annual Tax Amount $6,682

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 75x100

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

Price improved, motivated seller, all reasonable offers considered. Beachside 4-unit just 2 blocks from the ocean, offered AS-IS. Legal nonconforming use: per city ordinance, the property must be rebuilt as single-family in the event of total destruction (property does not qualify for FHA or conventional multifamily financing). Ideal for cash or portfolio/commercial lenders. Pro-forma gross rent of $5,600+/mo. All four units are separately metered and tenants pay their own electric, leaving roughly $350/mo in water as the main landlord utility. Two units are vacant, ready to lease at market rates. The two rear units are leased month-to-month to long-term tenants at below-market rents of $900 and $1,050. A detached 1-car garage adds upside: convert it to a 5th efficiency, expand the adjoining unit, or rent it as storage (buyer to verify zoning and permitting). One tenant handles basic lawn care. Inspection reports available upon request. **Financials within this listing are Pro-Forma. 2 units are currently vacant. The two rear/garage units are currently leased Month-To-Month to long term tenants at below market rates of $900 and $1,050**

Location

State FL

County Volusia

Community Marshall Park Daytona Beach

Area 32118 - Daytona Beach/Holly Hill

Zoning RES < 10

Interior

Interior Features Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Walk-In Closet(s)

Heating Central, Electric, Ductless

Cooling Central Air, Wall/Window Unit(s)

Fireplaces Type Wood Burning

Fireplace true

Laundry Common Area, Inside

Exterior

Exterior Feature Fence, Private Entrance, Private Mailbox, Private Yard, Sidewalk

Garage Spaces 1.0

Utilities Available Public

View Y/N No

Water Access No

Roof Type Shingle

Attached Garage true

Garage true

Private Pool No

Building

Foundation Block, Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Frame,Wood Siding

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6419103

Listed by Matt White SLOANE REALTY, LLC

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Marlon Persaud

Agent License ID: SL3362985

+1(407) 760-9778

Marlon Persaud

415 VERMONT AVE Daytona Beach, FL 32118

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Go tour this home

415 VERMONT AVE