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Angie Gooden

agoodenrealtor@gmail.com +1(843) 576-9551

$ 449,900

Est. payment | -/mo

4 Beds

4 Baths

1,080 SqFt

Save Virtual Tour

$ 449,900

Est. payment | -/mo

Save Virtual Tour

4 Beds

4 Baths

1,080 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,080 sqft

Price per Sqft $416

Subdivision Rowladers Add 03 Daytona

MLS Listing ID NS1089438

Bedrooms 4

Full Baths 4

Construction Status Completed

HOA Y/N No

Year Built 1950

Annual Tax Amount $5,569

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 50x100

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

INVESTMENT OPPORTUNITY! Four-unit multifamily property at 205 Shady Pl in Daytona Beach offering immediate income and meaningful value-add potential. All four units are fully leased and secured by longtime leases, providing an established and stable rental history. The property generates a 5.45 CAP under current market conditions. For investors looking to increase returns, the property offers several opportunities for future income growth. Rents can potentially be increased toward current market levels, while the electrical service can be separated and individually metered for each unit, creating an opportunity to reduce owner-paid expenses. These improvements, combined with the existing rental income, provide an attractive value-add investment strategy. With four occupied units, established tenancy, existing cash flow, and multiple avenues for improving the property's financial performance, this property is well suited for both experienced multifamily investors and those looking to expand their rental portfolio. Convenient Daytona Beach location adds to the property's long-term investment appeal. Buyer to verify all measurements, zoning, utility configurations, leases, expenses, and financial information.

Location

State FL

County Volusia

Community Rowladers Add 03 Daytona

Area 32114 - Daytona Beach

Zoning MFR

Interior

Interior Features Other

Heating Other

Cooling Wall/Window Unit(s)

Flooring Vinyl

Furnishings Unfurnished

Fireplace false

Appliance Range, Refrigerator

Laundry Other

Exterior

Exterior Feature None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Water Access No

Roof Type Shingle

Exposure North

Garage false

Private Pool No

Building

Story 2

Entry Level Two

Foundation Stem Wall

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type HardiPlank Type

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/NS1089438

Listed by Nate Ingram COMPASS FLORIDA LLC

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We had an amazing experience working with Angie as our realtor! From the very beginning, she was incredibly helpful, patient, and attentive to our needs. She made the entire process feel much less stressful especially with our family being out of state and was always available to answer our questions and guide us through each step. As a soon-to-be retiree from the Air Force, Angie made it a point to accommodate with our family’s needs for a new home. She truly went above and beyond to make sure we felt comfortable and confident with our decisions. Even after the closing of our new home, she still ensured that the property was ready for our move in. We always felt like she had our best interests at heart. We are so grateful for all of Angie’s hard work and dedication. If you’re looking for a realtor who is trustworthy, caring, and truly committed to her clients, we highly recommend Angie!

Guadalupe Conolly

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Angie Gooden

Agent

+1(843) 576-9551 | agoodenrealtor@gmail.com

205 SHADY PL Daytona Beach, FL 32114

Angie Gooden

Key Details

Location

Interior

Exterior

Building

Others

205 SHADY PL

MY BLOGS

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