3631 S Atlantic Avenue
Daytona Beach Shores, FL 32118
MLS #1017949

Multi-Family
  • 15units
$4,000,000
Est. P&I payment: $15277.29/mo
3631 S Atlantic Avenue, Daytona Beach Shores, FL 32118
  • 3631 S Atlantic Avenue, Daytona Beach Shores, FL 32118 Photo 1
  • 3631 S Atlantic Avenue, Daytona Beach Shores, FL 32118 Photo 2
  • 3631 S Atlantic Avenue, Daytona Beach Shores, FL 32118 Photo 3
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Description for 3631 S Atlantic Avenue, Daytona Beach Shores, FL 32118
NEWLY RENOVATED with over $1,000,000 in complete building restoration, roofs, and full interior upgrades. This premier oceanfront property offers 150' of OCEANFRONT with unparalleled beach views all within walking distance to Sunglow Pier, Crabby Joes, and Dunlawton. This is a beachfront investor's dream with three direct oceanfront homes (6-bed 4-bath, 4-bed 3.5-bath, 4-bed 2-bath), two-story 4-plex (each studio 1-bath), single level duplex (each 1-bed 1-bath and 1-bed 2-bath), stand alone (2-bed 1-bath) home with 2-car garage, all share an on-site laundry facility and a private walkway allowing access to the beach. INVESTORS...this property has rare T-zoning allowing daily or weekly vacation rentals bringing in $180k NOI in 2016.
MLS #1017949
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My Notes for MLS #1017949

General Features

  • Area: 12 - S Dunlawton to N Ponce Inlet
  • Subdivision: Not In Subdivision
  • City: Daytona Beach Shores
  • Zip Code: 32,118
  • Zoning (Text): T-RMF-1
  • Zoning: Multi-Family
  • Occupied: Yes
  • Year Built: 1970
  • Total # Units: 15

Exterior Features

  • Building Type: Apartment Building,​Combination,​Stand Alone
  • Construction: Concrete Block,​Stucco Cover
  • Land Type: 1 - 5
  • Outdoor Facilities: Balcony/Decking,​Curb/Sidewalks
  • Parking: Parking Lot
  • Waterfront: Ocean Front,​Ocean View
  • Lot SqFt: 40,500
  • # Parking Spcs: 10

Interior Features

  • Living Area: 4,210
  • Total Bldg SqFt: 4,900
  • Total Bedrooms: 27
  • Style: 5+ Units
  • SqFt Source: Other

Utility Features

  • Meters: # Electric Meters: 10
  • Meters: # Water Meters: 1
  • Air Conditioning: Wall/Window Units
  • Appliances: Microwave,​Range,​Refrigerator
  • Heating: Wall/Window Units
  • Utilities on Site: 200 Amp
  • Water: City
  • Sewer: Public Sewer
  • Road Frontage: 150

Financial Features

  • Financing: OWC - Exchange,​OWC - Financing,​OWC - Lease Purchase
  • Financial Pkg: Yes
  • Homestead Exempt: No
  • NRR Req: Yes
  • Special Contingency: No
  • Tax ID: 6302-05-04-0030
  • Maint Fee Paid: N/A
  • Franchise Opt In: No
  • Financial Info: Annual NOI: 180,000

Miscellaneous Features

  • Depth: 270
  • Supra Lockbox: No
  • New Builder Home: No
  • As Is Cond: Yes
  • Legal: LOTS 3 THRU 5 INC BLK 4 OCEAN VIEW SEC HALIFAX ESTATES MB 11 PG 100 PER OR 5800 PGS 4672-4673 PER OR 6677 PG 1105 PER OR 7157 PG 3390

Location

 
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Directions to 3631 S Atlantic Avenue, Daytona Beach Shores, FL 32118
1/2 mile south of Dunlawton
The listing information for 3631 S Atlantic Avenue, Daytona Beach Shores, FL 32118 was graciously provided by our friends at the listing brokerage, Oceans Luxury Realty Full Service LLC

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P&I Payment $15277.29
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on 1st Florida Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. 1st Florida Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 12/11/2017 at 7:33am
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