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Wade M. Berlin

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835 Grandview Avenue
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PRICED AT ONLY: $799,000

Address: 835 Grandview Avenue, DAYTONA BEACH, FL 32118

Description

Rare opportunity to own a solid concrete block 4 plex just minutes from the beach and the Hard Rock Hotel fully occupied and generating $5,050/month in rental income. Built in 1968 with the durability that only CBS construction delivers, this well maintained property features one spacious 3BD/2BA unit and three 2BD/1BA units, each with two private entries and its own locked storage unit. All leases are month to month with rents currently below market, giving a new owner immediate upside potential. Upper units enjoy private balcony areas, and Unit 3 offers a peek a boo ocean view. Additional income streams include an on site coin laundry (~$200$300/mo), a rentable one car garage, and two covered parking spaces. Recent upgrades include 2020 impact windows, storm shutters, new copper A/C refrigerant lines, a new retaining wall, and an irrigation well. Unit 4 (3/2) is fully renovated with all new vinyl plank flooring and new bathrooms. Units 1 and 2 feature beautiful, durable terrazzo floors. Ideal for the investor seeking immediate cash flow with room to grow, or the savvy buyer who wants to live in the updated 3/2 unit while three rentals help cover the mortgage. Private storage for every tenant, coin laundry on site, and a coastal location that keeps demand strong year round. Don't miss this one.

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  • MLS#: NS1088114 ( Residential Income )
  • Street Address: 835 Grandview Avenue
  • Viewed: 17
  • Price: $799,000
  • Price sqft: $166
  • Waterfront: No
  • Year Built: 1968
  • Bldg sqft: 4808
  • Bedrooms: 9
  • Total Baths: 5
  • Garage / Parking Spaces: 3
  • Days On Market: 12

Description

Rare opportunity to own a solid concrete block 4 plex just minutes from the beach and the Hard Rock Hotel fully occupied and generating $5,050/month in rental income. Built in 1968 with the durability that only CBS construction delivers, this well maintained property features one spacious 3BD/2BA unit and three 2BD/1BA units, each with two private entries and its own locked storage unit. All leases are month to month with rents currently below market, giving a new owner immediate upside potential. Upper units enjoy private balcony areas, and Unit 3 offers a peek a boo ocean view. Additional income streams include an on site coin laundry (~$200$300/mo), a rentable one car garage, and two covered parking spaces. Recent upgrades include 2020 impact windows, storm shutters, new copper A/C refrigerant lines, a new retaining wall, and an irrigation well. Unit 4 (3/2) is fully renovated with all new vinyl plank flooring and new bathrooms. Units 1 and 2 feature beautiful, durable terrazzo floors. Ideal for the investor seeking immediate cash flow with room to grow, or the savvy buyer who wants to live in the updated 3/2 unit while three rentals help cover the mortgage. Private storage for every tenant, coin laundry on site, and a coastal location that keeps demand strong year round. Don't miss this one.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, French Doors, Hurricane Shutters, Private Entrance, Storage
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Terrazzo
  • Living Area: 3886.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
School Information
  • High School: Mainland High School
  • Middle School: Campbell Middle
  • School Elementary: Beachside Elementary School
Garage and Parking
  • Garage Spaces: 1.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 2.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Sprinkler Well, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Rental Information
  • Tenant Pays: Electricity
Other Features
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan
  • Legal Description: LOT 2 BLK 33 EAST DAYTONA MB 2 PG 106 PER OR 5279 PGS 4337-4339 INC PER OR 6979 PGS 3556-3557 PER OR 8131 PG 0082 PER OR 8396 PG 3693
  • Levels: One
  • Area Major: 32118 - Daytona Beach/Holly Hill
  • Occupant Type: Tenant
  • Parcel Number: 5305-01-33-0020
  • Possession: Close Of Escrow
  • Views: 17
  • Zoning Code: 0804-IMP
Nearby Subdivisions
Bostwick Park   Loudel   Memento   Memento Resub Blk 16 012   Schnees Rep Atlantic City   Smith Bertha K Resub Blks 1718  
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Contact Info

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  2. The Real Estate Professional You Deserve
  3. Mobile: 904.248.9848
  4. phoenixwade@gmail.com
Wade M. Berlin

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