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.
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Last updated Sep 15, 2023
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MLS# FC289997 —
Walk Score®
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Soundscore™
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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 |