This Multi-Family/apartment is one of a kind permanent income retirement property with fabulous views of the ocean sunrises and the Inter-coastal sunsets from the master bedroom window. You are walking distance of the beach, the inter-/-coastal waterway that is fantastic for fishing, boating or just playing in the sun. The home is located within a few short blocks of Main Street where you or your tenants will get to enjoy the following event: Bike Weeks, February/August Races at the Daytona International Nascar Speedway, Triathlon events, Holiday Parades, Truck Events, New Year's Events, and more. Nearby local restaurants, Bars/lounges, luxury theaters, fun attractions, and the Beach. You can easily walk to the beach to swim and various locations that's walking distance for a day of fishing. The property consist of Unit #1 and Unit #2 downstairs, which each unit consist of 2 bedrooms and 1 bathroom. Unit #3 and Unit #4 are located upstairs, which Unit #3 includes 3 Bedroom and 2 and a half bathrooms. The unit is a wonderful two floor French Loft Mediterranean Style with 2100 Square Foot Living space that has views of the beach and you don't even have to go outside to see firework events, you can do that from the comfort of your own large bedroom. The unit is separated by one single door that could be easily converted to a 5th separate unit, which already has a private entrance in place and which is considered to be a mother-in-law area with its own restroom and kitchenette. Unit #4 which is a 1 bedroom and 1 bathroom Studio. All Units currently has tenants and Unit #3 is occupied by the seller which also leaves room for new owner to rent the large unit exceeding the price or it could be converted/split into an extra unit as mentioned above to get additional income. The roof is newer, the home was recently painted, and it has a newer AC/heat system with new air handlers inside and a new compressor outside. The apartments use window AC systems and backpack systems that are easy to repair or replace. This is a rock solid home that has easily weathered numerous storms. The house has a potential of great monthly income. There are several laundry units downstairs for tenants/owner to occupy and ample room for storage. With all of the above opportunities described, this home could turn into a great home/investment with endless opportunities.

Listing courtesy of Joy Pratt-Martin PA of LPT Realty, LLC



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Last checked: 2025-12-26 10:36 PM UTC