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Jorge Lucena

jorge.lucena@lptrealty.com +1(386) 287-2045

$ 875,000

Est. payment | -/mo

6 Beds

6 Baths

2,370 SqFt

Save

$ 875,000

Est. payment | -/mo

Save

6 Beds

6 Baths

2,370 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,370 sqft

Price per Sqft $369

Subdivision Memento

MLS Listing ID 1225985

Bedrooms 6

Full Baths 6

Annual Tax Amount $2,846

Lot Size 6,098 Sqft

Lot Dimensions 0.14

Property Sub-Type Triplex

Source Daytona Beach Area Association of REALTORS®

Property Description

Explicitly designed for the astute investor and or an owner-occupied for positive cash flow revenue generating property, completely rebuilt and beautifully reimagined, this exceptional multi-unit property at 205 N Wild Olive Ave offers a rare turnkey investment opportunity in the very heart of everything Daytona Beach is world renown for. Located just steps from the sand and directly across from Daytona Lagoon, this property combines modern construction with unbeatable location and features upscale accommodations. This property features upscale accommodations. Unit 205 is approx 1100 sqft and is a 1 story distinctly renovated beach house featuring 2 bedrooms, 2 full sized baths, 1 spare room could be utilized as an office, bonus room or 3rd sleeping quarters, offering a potential 3rd bedroom or office space. The front residence has been taken nearly down to the studs and fully reconstructed into a stunning single-story home featuring 2 bedrooms and 2 bathrooms. Everything is brand new from the redesigned floor plan and updated siding to the roof, appliances, and finishes--while preserving the charm of the original fireplace. Unit 207 is approx 1300 sqft and is a 2-story brand-new build from the ground up. Behind the main home, a newly constructed two-story building adds two additional units--one upstairs and one downstairs--each offering 2 bedrooms and 2 bathrooms. In total, the property includes three spacious 2/2 units, all thoughtfully designed with modern living in mind. Both buildings were designed and constructed with accentuated attention to the smallest details. All New plumbing & electric, Interior walls insulated, above code required measures for adverse weather conditions. Residents will appreciate the convenience of a separate outdoor laundry building with a large washer/dryer area, as well as proximity to everything Daytona Beach has to offer. Located within walking distance to the Ocean Center and near Peabody Auditorium, plus just minutes from the river, beaches, shopping, dining, and vibrant nightlife. Exceptional Cap rates Above 7 percent utilizing all rentable space, above 4 percent as an owner-occupied situation. In either scenario, the new owner will enjoy a safe & reliable R.O.I. Whether you're looking to expand your portfolio or secure a high-demand rental property in a prime coastal location, this fully renovated triplex is a standout opportunity.

Location

State FL

County Volusia

Community Memento

Direction From A1A/ Earl St- head West on Earl, Right on N Wild Olive Ave, triplex is third on left.

Interior

Heating Individual

Cooling Wall/Window Unit(s)

Fireplaces Type Wood Burning

Fireplace Yes

Exterior

Exterior Feature Courtyard

Parking Features On Street, Shared Driveway

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage No

Building

Lot Description Cleared

Water Public

Structure Type Cement Siding

New Construction Yes

Others

Senior Community No

Tax ID 5305-12-22-0180

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Premier Sotheby's International Realty

NEARBY SCHOOLS & PROPERTIES

📍Volusia County and soundings
Whether buying your dream home, purchasing an investment property, selling your home to relocate or downsizing, I can assist you with your next transaction. 🏘️

+1(386) 287-2045

jorge.lucena@lptrealty.com

205 Wild Olive AVE Daytona Beach, FL 32118

Jorge Lucena

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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205 Wild Olive AVE