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Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1947
Sq.Footage
1,995
Explicitly designed for the astute investor and or an owner-occupied for positive cash flow revenue generating property, completely rebuilt and beautifully reimagined, this exceptional multi-unit property at 205 N Wild Olive Ave offers a rare turnkey investment opportunity in the very heart of everything Daytona Beach is world renown for. Located just steps from the sand and directly across from Daytona Lagoon, this property combines modern construction with unbeatable location and features upscale accommodations. This property features upscale accommodations. Unit 205 is approx 1100 sqft and is a 1 story distinctly renovated beach house featuring 2 bedrooms, 2 full sized baths, 1 spare room could be utilized as an office, bonus room or 3rd sleeping quarters, offering a potential 3rd bedroom or office space. The front residence has been taken nearly down to the studs and fully reconstructed into a stunning single-story home featuring 2 bedrooms and 2 bathrooms. Everything is brand new- from the redesigned floor plan and updated siding to the roof, appliances, and finishes--while preserving the charm of the original fireplace. Unit 207 is approx 1300 sqft and is a 2-story brand-new build from the ground up. Behind the main home, a newly constructed two-story building adds two additional units--one upstairs and one downstairs--each offering 2 bedrooms and 2 bathrooms. In total, the property includes three spacious 2/2 units, all thoughtfully designed with modern living in mind. Both buildings were designed and constructed with accentuated attention to the smallest details. All New plumbing & electric, Interior walls insulated, above code required measures for adverse weather conditions. Residents will appreciate the convenience of a separate outdoor laundry building with a large washer/dryer area, as well as proximity to everything Daytona Beach has to offer. Located within walking distance to the Ocean Center and near Peabody Auditorium, plus just minutes from the river, beaches, shopping, dining, and vibrant nightlife. Exceptional Cap rates Above 7 percent utilizing all rentable space, above 4 percent as an owner-occupied situation. In either scenario, the new owner will enjoy a safe & reliable R.O.I. Whether you're looking to expand your portfolio or secure a high-demand rental property in a prime coastal location, this fully renovated triplex is a standout opportunity.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Ductless
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Cement Siding
-
Parking
Common, Driveway, On Street
-
Patio and Porch Features
Front Porch, Rear Porch
-
Pool
No
-
Waterfront YN
NO
-
View
Water
Area & Lot
-
Lot Features
Near Public Transit, Paved
-
Lot Size(acres)
0.14
-
Lot Size(square feet)
6250.0
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$875,000
-
Tax Amount
$2,846.29
-
Sq. Footage
1, 995
-
Price/SqFt
$438
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
YES
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
18
-
Water Source
Public
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Location
County
Volusia
Elementary School
Middle School
High School
Listing Courtesy of Jennifer Matacale , PREMIER SOTHEBYS INTL REALTY
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Executive Assistant
Emil Garinga
Call Emil today to schedule a private showing.
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