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BRAND NEW ROOF & INSTANT EQUITY with this 9 unit apartment priced $125k under appraised value for a quick sale, this is a no brainer investment! Located beach side on our main corridor International Speedway Blvd in a redevelopment zone that allows air bnb. Just two properties back from A1A and the beach. Great flexibility to keep as a long-term rental with a current annual gross income of over $100k. Professional management currently in place for immediate cash flow OR with a variance (details provided) use as a profitable Air BNB and there is still room to increase rents and profitability. Total of 9 units including: 2 - 2 bed units, 4 - 1 bed units, and 3 studios. The majority of units have updated kitchens including new or newer appliances and bathrooms within the last 5 years, and most units have updated flooring. Exterior was just painted. No flooding! Take advantage of this cash flowing opportunity at the beach in Daytona Beach! NOI: 73,615 Cap Rate: 10%

Property Details of 708 E International Speedway Boulevard

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Listed by Brannon Owens of KELLER WILLIAMS RLTY FL. PARTN (386-944-2800)

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Based on information submitted to StellarMLS as of October 1, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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