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346 Clifton Avenue Daytona Beach FL 32117US16 Bed, 1123196
346 Clifton Avenue Daytona BeachFL32117
925000.0000 1/1/1900 12:00:00 AM
Realty Executive Oceanside (Ormond Beach)
730 S Atlantic Ave, Ste 101Ormond BeachFL32176
386-310-8464
1 /

Courtesy of: Byron Hebert, 24/7 Florida Realty, Byron@247FLR.com

346 Clifton Avenue
Daytona Beach FL 32117 US

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1 /

Courtesy of: Byron Hebert, 24/7 Florida Realty, Byron@247FLR.com

Realty Executive Oceanside (Ormond Beach)
730 S Atlantic Ave, Ste 101
Ormond Beach, FL, US 32176
386-310-8464

Get more info about this property

346 Clifton Avenue
Daytona Beach FL 32117 US

$925,000

Active Listing ID 1123196
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16 bed
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Other

$925,000

Active Listing ID 1123196
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346 Clifton Avenue Fantastic turkey investment property package of 3 properties 100% occupied with 16 tenants producing $14, 077.00 gross monthly income listed at an 8.5% cap rate based on actual 2023 financials. An unheard of 9% cap rate based on 2024 financials so far this year. You may have heard the term house hack or PadSplit, these are fully furnished rentals, rented out individually by the room. All furnishings are included in the sale, and 45 days of management training included. The current owners have been doing this business model since 2011. It's 100% turnkey, tenants are all on month by month leases for flexibility, however on average most tenants stay 12-18 months, some even longer All of the properties are in great shape and have no deferred maintenance.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Public Bus
  • Roof Type: Composition, Metal, Shingle
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 925000
  • unparsedaddress: 346 Clifton Avenue
  • postalcity: Daytona Beach
  • stateorprovince: FL
  • country: US
  • postalcode: 32117
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 6086
  • livingareaunits: Square Feet
  • latitude: 29.229869
  • longitude: -81.041678
  • listagentfullname: Byron Hebert
  • listagentemail: Byron@247FLR.com
  • listagentkey: 3yd-DBAARFL-11655
  • listagentmlsid: 11655
  • listagentpreferredphone: 3212968000
  • listagentofficephone: 3866751101
  • listofficekey: 3yd-DBAARFL-20170113164239110896000000
  • listofficemlsid: 20170113164239110896000000
  • disclaimer: Copyright © 2024 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: DBAARFL
  • yearbuilt: 1955
  • listagenturl: http://www.247FLR.com
  • countyorparish: Volusia
  • parcelnumber: 4242-40-05-0240
  • appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • cooling: Window Unit(s) A/C
  • constructionmaterials: Block, Concrete, Stucco
  • heating: Central Furnace
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Carport, Off Street
  • roof: Composition, Metal, Shingle
  • waterfrontyn: False
  • interiorfeatures: Ceiling Fans, Common Kitchen, Common Laundry, Individual Laundry, Smoke Detector
  • exteriorfeatures: Public Bus
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.041678, 29.229869
  • customfields: {"AlternatePrices":[], "Expenses":[], "Taxes":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/346-Clifton-Ave_Daytona-Beach_FL_32117_M63725-72504?f=listhub&s=DBAARFL&m=1123196&c=rexren", "LeadRoutingEmail":"Byron@247FLR.com", "BrokerName":"24/7 Florida Realty", "ListingTitle":"5+ Units - Daytona Beach, FL", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"Team@247FLR.com", "ListOfficeAddress1":"555 W. Granada Blvd.", "ListOfficeAddress2":"A3", "ListOfficeCity":"Ormond Beach", "ListOfficePostalCode":"32174", "ListOfficeStateOrProvince":"FL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"24/7 Florida Realty", "ListBrokeragePhone":"(386) 675-1101", "ListBrokerageEmail":null, "ListBrokerageWebsiteUrl":null, "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"555 W. Granada Blvd.", "ListBrokerageUnitNumber":"A3", "ListBrokerageCity":"Ormond Beach", "ListBrokerageStateOrProvince":"FL", "ListBrokeragePostalCode":null, "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-05-03T16:15:16Z", "Neighborhoods":[{"Name":"Mason to LPGA E of 95", "Description":null}]}
Listing Changed: 6/12/2024 2:55:53 PM GMT
Source Updated Date: 6/16/2024 6:49:51 AM GMT

Courtesy of: Byron Hebert, 24/7 Florida Realty, Byron@247FLR.com

Copyright © 2024 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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