115 S Grandview Avenue

Description

INVESTOR ALERT! 2700 HEATED SQUARE FEET! Seize this rare opportunity to own an apartment building just one block from the beach at 115 S Grandview, Daytona Beach! This property is perfectly positioned near shopping and dining, offering convenience and a fantastic coastal lifestyle. The building is well-maintained and comprises a mix of units: one 2-bedroom, two 1-bedrooms, and one studio. All units have been remodeled, with the top two featuring full tiling, updated bathrooms, and modern kitchens. The lower-level units boast vinyl flooring, renovated kitchens and bathrooms, new light fixtures, and ceiling fans. Each unit is equipped with two window A/C units. With four electric meters in place, tenants cover their own electricity costs. The building has a brand-new roof for added peace of mind. Important Note on Square Footage: While the property is licensed as a quad, counting the two bottom/back units (one 1-bedroom and one studio), it is zoned as a single-family dwelling, which excludes the basement from the official square footage count. Officially listed at 1,800 sq ft, the usable space actually totals an impressive 2,700 sq ft. This discrepancy highlights typical local zoning complexities but speaks to the true potential of this property. Don't miss out on this prime investment opportunity!