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547 Division Street, Daytona Beach, FL 32114

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  • MLS#: 1201964 ( Residential )
  • Street Address: 547 Division Street
  • Viewed: 16
  • Price: $100,000
  • Price sqft: $91
  • Waterfront: No
  • Year Built: 1929
  • Bldg sqft: 1101
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 1
  • Additional Information
  • Geolocation: 29 / -81
  • County: VOLUSIA
  • City: Daytona Beach
  • Zipcode: 32114
  • Subdivision: Conrad
  • Provided by: One Key Realty
  • Daytona Beach Area Association of REALTORS®
  • DMCA Notice
  • Description
    Investor Alert! Consider this fix and flip or fix and hold opportunity, yielding 2,490/month as per HUD (Section 8) for a single family residence. 3 bedroom, 2 bathroom house presents an excellent rehab prospect. Offered at 93.81/sq ft, the property's estimated ARV post renovation stands at 200,000. It requires a new roof (see attached estimate) and has an encroachment issue (see attached survey). Estimated repairs are 40,000, with a total investment of 140,000, leading to 85,000 of instant equity. Terms are cash only, and the encroachment will remain. Anticipate a 10 cap rate on your investment or opt for refinancing and cash out. A single family home in Daytona Beach offers a 10 cap rate with a sales price of only 100. You have the option to fix and hold or fix and flip, potentially realizing an immediate equity of 85.
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More Property Details
Features
Building and Construction
  • Flooring: Other
  • Roof: Shingle
Garage and Parking
  • Parking Features: Attached Carport, Carport
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: None
  • Heating: Central, Electric, None
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Finance and Tax Information
  • Tax Year: 2023
Other Features
  • Appliances: None
  • Legal Description: S 25 FT OF LOT 18 & INC N 15 FT OF LOT 10 & N 23 FT OF LOT 11 BLK 5 SUB LOTS 4 & 5 BLK 27 DAYTONA MB 15 PG 133 PER OR 4922 PGS 2225-2226 PER OR 5549 PG 4421 PER OR 5609 PG 4051 PER OR 7777 PG 4793 PER OR 8265 PGS 0341-0402 INC PER OR 8308 PG 0229
  • Levels: One
  • Parcel Number: 5339-46-05-0181
  • Style: Ranch
  • Views: 16
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