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Description
Rare beachside income opportunity - just 2 blocks from the ocean! This well-performing 4-unit investment property will potentially deliver $5,600/month or more in gross rental income with an expense structure that puts more money in your pocket: all four tenants pay their own power (4 separate meters), keeping landlord overhead to approximately $350/month in water costs. A detached 1-car garage offers serious upside - convert it to a 5th efficiency unit, expand the current unit immediately next door, or lease it as-is for additional cash flow. One tenant even handles basic lawn maintenance, making this a truly low-management asset. Whether you're a seasoned investor or looking to house-hack near the beach, this property checks every box. This is an accessible deal that won't last long. Call today before it's too late! **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**
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Garage: 1 car attached
Heating: Central, Electric, Ductless
Lot Size: 0.17 Acres
Roof Type: Shingle
Taxes: $6,682
Year Built: 1908
General Information
Bedrooms: 8
Sqft: 2,540
County: Volusia
Subdivision: MARSHALL PARK DAYTONA BEACH
Listed By:
Matt White
SLOANE REALTY, LLC
407-829-2418
MLS ID: O6419103
Amenities
Eat-in Kitchen
Kitchen/Family Room Combo
Open Floorplan
Walk-In Closet(s)
Fence
Private Entrance
Private Mailbox
Private Yard
Sidewalk
Property Features
Annual Net Income: 48989.00
Directions: From I-95: Take exit 261 (LPGA Blvd) or exit 256 (International Speedway Blvd) east toward Daytona Beach. Head east on International Speedway Blvd (US-92) toward the beach. Turn north on Nova Road or Ridgewood Ave, then navigate to Vermont Ave and head ea
Exterior: Frame, Wood Siding
Fireplace: Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: X
Foundation: Block, Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.17
Other Equipment: Private Entrance, Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RES < 10
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415 Vermont Avenue , Daytona Beach, FL 32118.
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Estimated Payment
$ 2,128.90 per month $1,446.95 Principal & Interest $556.83 Property Tax $125.13 Homeowner's InsuranceChange Payment Information
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