OCEANFRONT MULTI-FAMILY REAL ESTATE PROPERTY
Saturday, September 22, 2018 | 12:00 PM Eastern
Auction closed.
OCEANFRONT MULTI-FAMILY REAL ESTATE PROPERTY
Saturday, September 22, 2018 | 12:00 PM Eastern
Auction closed.
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See Special Terms for additional fees
See Special Terms for additional fees
Description
1 Bath, 3 Stories, 1836 Sq.
Lot # 1 (Sale Order: 1 of 1)
Property has the potential to generate $144K Gross at $100 average a night and at 80% occupancy. Rents can go as high as $300 a night during Daytona bike week! Potential to generate a 12-15% net return on investment as a nightly rental.
*(5) Separate electric meters for monthly rental.
* Tons of upside and appreciation potential.
* Needs TLC.
* Located 40 minutes away from St Johns County, the 2nd Wealthiest County in the State of Florida.
Don’t MISS this RARE Beachfront Multi-Family opportunity.
No contingencies on Financing. Sold AS-IS
Call agent for terms.
Hard Money Loans excepted and provided if needed at 10-12% depending on down payment.
5 Units
1 Full Bath
1836 Sq. Ft.
0.01 Acres
4530 Sq. Ft. Lot
3 Stories
Available 08/21/2018
Parcel: 12-12-31-4500-00020-0090
Renovation: RARE OPPORTUNITY for 5 unit multi-family unit in the 2nd wealthiest county in the state of Florida. Needs TLC. Breathtaking views of direct Ocean with zero obstruction.
*(5) Separate electric meters for monthly rental.
* Tons of upside and appreciation potential.
* Needs TLC.
* Located 40 minutes away from St Johns County, the 2nd Wealthiest County in the State of Florida.
Don’t MISS this RARE Beachfront Multi-Family opportunity.
No contingencies on Financing. Sold AS-IS
Call agent for terms.
Hard Money Loans excepted and provided if needed at 10-12% depending on down payment.
5 Units
1 Full Bath
1836 Sq. Ft.
0.01 Acres
4530 Sq. Ft. Lot
3 Stories
Available 08/21/2018
Parcel: 12-12-31-4500-00020-0090
Renovation: RARE OPPORTUNITY for 5 unit multi-family unit in the 2nd wealthiest county in the state of Florida. Needs TLC. Breathtaking views of direct Ocean with zero obstruction.