1216 KENNEDY RD, Daytona Beach, FL 32117
1216 KENNEDY RD, Daytona Beach, FL 32117
1216 KENNEDY RD, Daytona Beach, FL 32117
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$2,450,000
Est. payment /mo
19,854 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 19,854 sqft

Price per Sqft $123

Subdivision Mason & Carswells Holly Hil

MLS Listing ID TB8496656

HOA Y/N No

Year Built 1974

Annual Tax Amount $24,295

Lot Size 0.810 Acres

Acres 0.81

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

Welcome to Kennedy Garden Apartments, a 20-unit apartment building in Daytona Beach, FL. This meticulously maintained building offers a lucrative investment with strong rental potential and a desirable unit mix. Each of the 20 units features two bedrooms and one bathroom, offering approximately 900 square feet of living space. The roof of the building was replaced in 2019, ensuring structural integrity and providing peace of mind for both residents and property owners.

There is an on-site leasing office that streamlines tenant interactions, leasing processes, and property management, enhancing the building's operational efficiency. Tenants are responsible for their electricity bills, while the landlord covers water and sewer expenses. With a fully occupied building and competitive rental rates, this property offers a consistent and reliable income stream for investors.

Location

State FL

County Volusia

Community Mason & Carswells Holly Hil

Area 32117 - Daytona Beach

Interior

Cooling Central Air

Exterior

Roof Type Shingle

Building

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 1/2 to less than 1

Structure Type Block

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing

Listing Terms Cash, Commercial Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8496656


Read Less Info
Stellar MLS
Listed by Tito Urbano Perez FLORIDA REALTY INVESTMENTS

NEARBY SCHOOLS & PROPERTIES

Jamie Lucena, MBA

“I take great pride in the level of service, honestly and professionalism I provide to my clients. I'm ready to bring all of my skills front and center to help you sell your existing home, or find your dream home!”

 

--Jamie Lucena, MBA

+1(386) 999-1148

jamie.lucena@cbrealty.com

5965 Red Bug Lake Rd 101 Unit, Winter Springs, FL, 32708

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1216 KENNEDY RD