547 Division Street, Daytona Beach, FL 32114
3
2|House
THB ฿3,450,250
USD $100,000
Published on: 26 Jul 2024
Last updated on: 15 Jan 2025
Property ID: 110093464344
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Single Family Residence, Ranch - Daytona Beach, FL
547 Division Street, Daytona Beach, 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 percent 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. A single-family home in Daytona Beach offers a 10 cap rate with a sales price of only 100. You have the option to fix and hold or fix and flip, potentially realizing an immediate equity of 85.
Property Details
Basic Info
Indoor Feature
Outdoor Feature
Basic Info
Property Type
House
Listing Status
Active
Land Size
445.15 m2
Building Size
99.03 m2
Year Built
1929
Rooms
3 bedroom(s), 2 bathroom(s)
Architecture Style
Ranch
Num Floors
1
County
Volusia
Parcel ID
5339-46-05-0181
Provider
Daytona Beach Area Association of Realtors
Subdivision
Conrad
Brokerage Office Name
One Key Realty
Brokerage Office Phone
(305) 525-8947
Address
547 Division Street, Daytona Beach, 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
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Michael Aversano
1380 NE 185 St., Miami, FL 33179
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Property ID: 110093464344
Data provided by Daytona Beach Area Association of Realtors, MLS #: 1201964
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