About this home
Opportunity to acquire 18 units value-add in a 39-unit building under $150 per sq.ft. Currently at 6% cap with substantial upside. Waterfront property with immediate access to premier beaches and a private boat dock. All units are 2BR 1BA with central AC. New roofs - replaced in 2019. Concrete block product throughout. Situated in the heart of Daytona Beach, this property provides easy access to local attractions, dining establishments, shopping destinations and hospitals. Daytona Beach with its International Airport and vibrant atmosphere is a bustling city with year-round festivals and events, notably the iconic Daytona 500 NASCAR race.
Listing last checked: Listing updated:
Listed by Roman Fischer · FPB Investment Properties, Inc · MLS #B26032628
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Details at a glance
Interior3 property facts
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Carpet, Tile
Building4 property facts
- Style
- Multi Family
- Year built
- 1972
- Parking
- 20
- Roof
- Concrete
Land & utilities4 property facts
- Lot size
- 1.38 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- 0400 - CONDO
Financial3 property facts
- Annual taxes
- $23,293
- Assessment year
- 2023
- HOA fee
- $7,494 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $2,350,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$13,824 / monthAdjust
- Principal & interest
- $11,883
- Property tax
- $1,941
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $23,293. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $7,494. The billing period was not supplied; confirm the monthly amount before adding it.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$2,350,000 · May 29, 2025
- Sld
$120,000 · Sold $105,000 · Dec 7, 2024
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About 900 S Peninsula Drive
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Request a tour of 900 S Peninsula Drive and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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