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Prime beachside investment opportunity on Seabreeze Blvd. This two story building contains two commercial spaces fronting Seabreeze Blvd and a residential studio in the rear on the ground floor, Upstairs are two two bedroom apartment units. The property also includes a one car garage in the rear. One of the commercial spaces is occupied by a well established jeweler who has been at the location for 15 years. All five units are leased and are generating steady income. Priced at a 7.5% CAP Rate based on the current P & L. The historic Seabreeze district has many restaurants, bars, shops, banking, and office uses. Buy and start collecting income. All measurements are approximate.
Features
Age: Over 50 Years Old
Building Units: 5
Cooling System: Window Unit(s)
Cooling System: Wall/Window Unit(s)
Cooling System: Central Air
Exterior Type: Brick Veneer
Floor Covering: Wood
Floor Covering: Tile
Floors: 2
Heating System: Electric (Heating)
Heating System: Central
Heating System: Varies by Unit (Heating)
Legal Description: W 32 FT OF N 95 FT OF LOT 18 BLK 36 EAST DAYTONA PER OR 1866 PG 1183 & OR 6609 PG 4188