FL > Daytona Beach > Country Club Harbor
Daytona Beach, FL 32114,1450 S PALMETTO AVE
Listed by Beau Beery BRG REALTY VENTURES
Bought with Beau Beery BRG REALTY VENTURES
$2,300,000
Est. payment /mo
$2,300,000
Est.Price: ?

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20 Beds
20 Baths
13,728 SqFt
SOLD DATE : 05/16/2024

Key Details

Sold Price $2,300,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 13,728 sqft

Price per Sqft $167

Subdivision Country Club Harbor

MLS Listing ID R4907511

Sold Date 05/16/24

Bedrooms 20

HOA Y/N No

Year Built 1987

Annual Tax Amount $29,083

Lot Size 0.720 Acres

Acres 0.72

Lot Dimensions 210x150

Property Sub-Type Multi-Family

Source Stellar MLS

Property Description

Sprucewood is right near the Daytona Beach Golf and Country Club and is composed of all one bedroom units measuring just under 700 SF each. The average in place rent is $1,115, most recent leases are at $1,150 and newly advertised leases are starting at $1,200 per month. The shingle pitched roof was replaced in 2021. While a property wide remodel was not the intention, a lighter $7,000 per unit has been spent as needed since 2020 on HVAC units, appliances, water heaters, cabinets, countertops, flooring, etc. Seller has another offering of 27 units available. See MLS #R4907510.

Location

State FL

County Volusia

Community Country Club Harbor

Area 32114 - Daytona Beach

Zoning 02T2

Interior

Interior Features Other

Heating Other

Cooling Other

Fireplace false

Laundry Other

Exterior

Exterior Feature Other

Utilities Available Other

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Other

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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