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Volusia County, Daytona, FL
$349,000
13.294
220.76
We have the honor to present to you: In the City, 3 Parcels in total. 2.16 Acres. See Drawings to build attached reflecting a potential 14% PLUS CAP Rate, 36 to possibly 42 Residential apartments. Can also build condominiums, or 36 Residential apartments with 2 bedrooms 2 bathrooms each unit (Est. Rent $1,850 Per Unit), with 94 Parking spaces. These 3 lots are located facing: (Lot 1 Bellevue St., Lot 2 Jean St. and Lot 3 South Caroline St.). Estimated cost to build the building it's around $4.7 million, and potential property value after construction over 9.4 million and up. This are estimated, and value will change according to market conditions. "Small portion Seller Financing Available if needed to facilitate purchase". Huge upside potential.
LOADING
Market Area
Volusia County
Agents
+1 310 910 1722
+1 310 910 1722