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311 S Palmetto Avenue

Daytona Beach, FL 32114

– beds
– baths
2,752 sqft
3,002 sqft lot
$188 per sqft
1940 build
– on site

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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.

Listing courtesy of STELLAR_MLS / KW REALTY ATLANTIC PARTNERS ST AUGUSTINE

Last checked: Checking… • Last updated Sep 16, 2024 •

MLS# FC289997 —

The Building

Year Built:

1940
New Construction:

false
Construction Materials:

Block
Levels:

Two
Roof:

Other
Foundation Details:

Slab
# of Buildings:

1
Building Area Units:

Square Feet

Interior

Interior Features:

Ninguno
Fireplace:

false

Room Dimensions

Living Area:

2752
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From US-1 turn onto Orange Avenue
Latitude:

29.207273
Longitude:

-81.018999
Coordinates:

-81.018999, 29.207273

The Property

Parcel Number:

533905000143
Property Type:

Residential Income
Property Subtype:

Triplex
Lot Size Acres:

0.14
Lot Size Area:

3002
Lot Size SqFt:

3002
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RDD2
View:

false
Exterior Features:

Lighting
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

AE
Additional Parcels:

false
Homestead:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Lot:

0143
Tax Legal Description:

N 29.4 FT OF S 60 FT OF LOT 14 BALCOM SUB BLK 4 DAYTONA PER OR 3341 PG 1428 PER OR 7355 PG 3138 PER OR 8127 PG 2369
Tax Book Number:

1428/3138
Tax Annual Amount:

3768

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

The Community

Subdivision Name:

BALCOM BLK 4 DAYTONA
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

On Street

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

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Max Internet Speed

EarthLink

Provided by BroadbandNow®

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Sale history

Date	Event	Source	Price	% Change
9/15/23 Sep 15, 2023	Sold	STELLAR_MLS	$520,000	-3.7%
8/18/23 Aug 18, 2023	Pending	STELLAR_MLS	$540,000
8/10/23 Aug 10, 2023	Relisted	STELLAR_MLS	$540,000

Multifamily Sold on 9/15/2023

$520,000

Listing provided by broker:

Jeremie Purdy

KW REALTY ATLANTIC PARTNERS ST AUGUSTINE

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Listing Courtesy of: STELLAR_MLS and KW REALTY ATLANTIC PARTNERS ST AUGUSTINE.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

311 S Palmetto Avenue

Daytona Beach, FL 32114