Headshot for Associate Narinder Kumar
  1. Narinder Kumar, Broker,e-PRO
  2. Broker IDX Sites Inc.
  3. Mobile: 404.383.3639
  4. 999.999.9999
  5. n88work@gmail.com
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  • MLS#: 1213963 ( Residential Lease )
  • Street Address: 404 S Ridgewood Avenue
  • Viewed: 672
  • Price: $1,650,000
  • Price sqft: $635
  • Waterfront: No
  • Year Built: 1901
  • Bldg sqft: 16700
  • Bedrooms: 30
  • Total Baths: 12
  • Full Baths: 12
  • Garage / Parking Spaces: 1
  • Days On Market: 446
  • Additional Information
  • Geolocation: 29.2047 / -81.0199
  • County: Volusia
  • City: Daytona Beach
  • Zipcode: 32114
  • Subdivision: Other
  • Middle School: Campbell
  • High School: Mainland
  • Provided by: Coldwell Banker Realty
  • Daytona Beach Area Association of REALTORS®
  • DMCA Notice
  • Description
    DEAL ALERT List Price: $1,650,000 All Furnishings Included (~$100K Value) The Seller Has Done the Negotiation For You. This Is the Number. There Is No Counter. PROPERTY OVERVIEW: This is one of the rarest, immediately cash flowing real estate portfolio opportunities to hit the Daytona Beach market a fully renovated, income producing trifecta of historic, co living, and single family residential assets sitting on 1.5 acres with 164 feet of US 1 frontage in the heart of Downtown Daytona Beach. At $1.5 million all cash, the buyer is acquiring 16,700 sq ft of renovated, stabilized income property at under $90 per square foot a number that simply does not exist anywhere else in this market for assets of this quality. The portfolio consists of three fully renovated buildings on five contiguous T 2 zoned parcels, generating current income today while offering multiple value add and development pathways tomorrow. Three additional buildable lots are included in the sale at no additional cost. Close in 45 days, and walk away with a furnished, operational real estate business that is already producing. Please see the Full Description Attached.
Features
Possible Terms
  1. Cash
  2. Conventional
  3. Other
Appliances
  1. Dishwasher
  2. Disposal
  3. Dryer
  4. Electric Range
  5. Microwave
  6. Refrigerator
  7. Washer
Association Amenities
  1. Pool
  2. Billiard Room
  3. Fitness Center
  4. Sauna
Close Date
  1. 2013-04-01
Cooling
  1. Central Air
  2. Electric
Exterior Features
  1. Balcony
  2. Barbecue
Flooring
  1. Tile
Furnished
  1. Unfurnished
Heating
  1. Heat Pump
Interior Features
  1. Bar
  2. Bedroom Layout - Three Way Split
  3. Built-in Features
  4. Entrance Foyer
  5. Walk-In Closet(s)
Legal Description
  1. THE CRITERION CONDO UNIT 804
Owner Pays
  1. Association Fees
  2. Sewer
  3. Trash Collection
  4. Water
Parcel Number
  1. 494306GA0350
Parking Features
  1. Assigned
  2. Attached
  3. Attached Garage
  4. Garage
  5. Garage Door Opener
  6. Guest
Pets Allowed
  1. No
Pool Features
  1. Heated
Property Type
  1. Residential Lease
Roof
  1. Tar/Gravel
Unit Number
  1. 804
Utilities
  1. Sewer Available
Views
  1. 672