547 Division St, Daytona, FL 32114
3
2|House
THB ฿3,450,250
USD $100,000
Published on: 26 Jul 2024
Last updated on: 16 Jan 2025
Property ID: 110093462117
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Detached,One Story, Single Family Residence - Daytona, FL
547 Division St, Daytona, FL 32114
Investor Alert! Consider this fix-and-flip or fix-and-hold opportunity, yielding $2,052/month as per HUD (Section 8) for a single-family residence. With Section 8, expect a 15% annual increase in rental income. A three-bedroom, two-bathroom house in Daytona Beach presents an excellent rehab prospect. Offered at $93.81/sq ft, the property's estimated ARV post-renovation stands at $225,000. It requires a new roof (see attached estimate) and has an encroachment issue (see attached survey). Estimated repairs are $40,000, with a total investment of $140,000, leading to $85,000 of instant equity. Terms are cash only, and the encroachment will remain. Anticipate a 10% cap rate on your investment or opt for refinancing and cash out. This is a unique opportunity to become involved.
Property Details
Basic Info
Indoor Feature
Basic Info
Property Type
House
Listing Status
Active
Building Size
102.29 m2
Year Built
1929
Rooms
3 bedroom(s), 2 bathroom(s)
Architecture Style
Other
County
Volusia
Parcel ID
533946050181
Provider
MIAMI Association of REALTORS®
Subdivision
Daytona
Brokerage Office Name
1 Key Realty, Inc.
Brokerage Office Phone
3055258947
Address
547 Division St, Daytona, FL 32114
Tax History
| Year | Tax amount | |
|---|---|---|
| 2023 | USD $1077 | THB ฿37,159* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.
Contact Agent
Michael Aversano
Contact Agent
Contact Agent
Email enquiry to One Key Realty
Michael Aversano
260 NW 183 Street, Miami, FL 33169
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Property ID: 110093462117
Data provided by MIAMI Association of REALTORS®, MLS #: A11609028
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