000 Roosevelt Park
Ormond Beach, FL 32174
MLS #1036822

Multi-Family
  • 20units
$1,300,000
Est. P&I payment: $4965.12/mo
000 Roosevelt Park, Ormond Beach, FL 32174
  • 000 Roosevelt Park, Ormond Beach, FL 32174 Photo 1
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Description for 000 Roosevelt Park, Ormond Beach, FL 32174
Once in a lifetime opportunity to invest in an entire block of Ormond Beach rental homes on a total of 1.98 acres. Future use could be building your dream home walking distance from the river with the collection of monthly rental income in the interim. This is an ugly, yet high performing portfolio. 20 Rental units; 19 units occupied, 1 unit used as owner maintenance/storage, includes vacant corner lot, and one additional vacant parcel. Re: President's Square, 000 Roosevelt, Ormond Beach, Florida, Proof of funds;$250,000, 48 notice required.
MLS #1036822
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My Notes for MLS #1036822

General Features

  • Area: 41 - LPGA to Granada,​ E of Nova
  • Subdivision: Roosevelt Park
  • City: Ormond Beach
  • Zip Code: 32,174
  • Zoning (Text): R-3c
  • Zoning: Multi-Family
  • Occupied: Yes
  • Year Built: 1958
  • Total # Units: 20

Exterior Features

  • Building Type: Combination
  • Construction: Concrete Block
  • Land Type: 1 - 5
  • Parking: Off Street
  • Roof: Built-Up
  • Waterfront: None
  • Lot SqFt: 86,310

Interior Features

  • Living Area: 15,191
  • Total Bldg SqFt: 16,661
  • Total Bedrooms: 45
  • Style: 5+ Units
  • SqFt Source: Property Appraiser

Utility Features

  • Meters: # Electric Meters: 20
  • Meters: # Water Meters: 20
  • Air Conditioning: Wall/Window Units
  • Appliances: Range,​Refrigerator
  • Heating: Wall/Window Units
  • Water: City
  • Sewer: Public Sewer
  • Road Frontage: irregular

Financial Features

  • Tenant Pays: Electric,​Gas,​Water
  • Owner Pays: Lawn Care,​Management Fees,​Real Estate Taxes
  • Homestead Exempt: No
  • NRR Req: No
  • Special Contingency: No
  • Tax ID: 4222-20-00-0180
  • Maint Fee Paid: N/A
  • Franchise Opt In: No
  • Financial Info: Gross Monthly Rent: 12,083
  • Financial Info: Total Annual Rent: 145,000
  • Financial Info: Annual NOI: 119,000

Miscellaneous Features

  • Depth: irregular
  • Supra Lockbox: No
  • New Builder Home: No
  • As Is Cond: Yes
  • Legal: Lengthy legal; inquire L/O

Location

 
Street View Not Available
Directions to 000 Roosevelt Park, Ormond Beach, FL 32174
Granada S on s ridgewood and then right on fairway then left on roosevelt
The listing information for 000 Roosevelt Park, Ormond Beach, FL 32174 was graciously provided by our friends at the listing brokerage, DLP Realty

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P&I Payment $4965.12
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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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