601 State Avenue, Daytona Beach, FL 32117

$899,000
11
BD
8
BA
5,194
SqFt

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List Price
$899,000
MLS#
TB8396339
Status
ACTIVE
Price Change
▼ $31,000 1759271552
Days on Market
416
Year built
1973
Bedrooms
11
Bathrooms
8
Living area
5,194
Area
5194
Region
Daytona Beach
Subdivision
Pine Crest Add Holly Hill

Property Description

Crosscreek Apartments, is a 8-unit multifamily investment located at 601 State Ave, Daytona Beach, Florida. Built in 1973, the property spans 5,194 square feet on a 0.14-acre lot, offering a turnkey opportunity with immediate upside potential through rental increases. The unit mix includes three 2-bedroom/1-bath units and five 1-bedroom/1-bath units, catering to a wide range of renter profiles. All units are equipped with central air conditioning and separately metered electric, while the landlord is responsible for city water, sewer, and trash services. The property is constructed with block exterior walls on slab foundations, ensuring long-term durability and reduced maintenance. Strategically located in the heart of Daytona Beach, the property is surrounded by major thoroughfares, employment centers, and coastal amenities, making it a desirable location for tenants and a promising value-add opportunity for investors.

Additional Information

Acres
0.14
Interior Features
Ninguno
Cooling
Central Air, Wall/Window Unit(s)
Heating
Electric
Exterior Features
Balcony
Construction
Concrete
Roof
Shingle

Listing courtesy of FLORIDA REALTY INVESTMENTS.

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