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346 Clifton Avenue, Daytona Beach, FL 32117
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346 Clifton Avenue
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Would you like to sell your home before you purchase this one?
Priced at Only: $925,000
For more Information Call:
Address: 346 Clifton Avenue, Daytona Beach, FL 32117
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  • MLS#: 1123196 ( Residential Income )
  • Street Address: 346 Clifton Avenue
  • Viewed: 3
  • Price: $925,000
  • Price sqft: $152
  • Waterfront: No
  • Year Built: 1955
  • Bldg sqft: 6086
  • Bedrooms: 14
  • Total Baths: 8
  • Full Baths: 7
  • 1/2 Baths: 1
  • Garage / Parking Spaces: 1
  • Additional Information
  • Geolocation: 29 / -81
  • County: VOLUSIA
  • City: Daytona Beach
  • Zipcode: 32117
  • Subdivision: Hopkins
  • Provided by: 24/7 Florida Realty
  • Daytona Beach Area Association of REALTORS®
  • DMCA Notice
  • Description
    Fantastic turkey investment property package of 3 properties, within 5 minutes of each other, 100% occupied with 16 tenants producing $14,175.00 gross monthly income listed at an unheard of 10.3% cap rate based on 2024 financials so far this year. Estimated 2024 NOI $95,942.87. You may have heard the term house hack or PadSplit, these are fully furnished rentals, rented out individually by the room. All furnishings are included in the sale, and 45 days of management training included. The current owners have been doing this business model since 2011. It's 100% turnkey, tenants are all on month by month leases for flexibility, however on average most tenants stay 12 18 months, some even longer All of the properties are in great shape and have no deferred maintenance. Properties included in the sale: Property #1: 6 bedroom 2 bath house, Property #2: 4 bedroom 1 bath house and detached studio apartment with full kitchen and bath. Property #3: 4 bedroom 2 bath house and attached studio apartment with full kitchen and bath. Full financials, property list, and additional details with signed non disclosure agreements.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
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Features
Building and Construction
  • Roof: Metal, Shingle
Land Information
  • Lot Features: Other
Garage and Parking
  • Parking Features: Carport, Off Street, Varies by Unit
Eco-Communities
  • Pool Features: Other
  • Water Source: Public
Utilities
  • Cooling: Central Air, Multi Units, Wall/Window Unit(s)
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Other
Finance and Tax Information
  • Tax Year: 2023
Other Features
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Legal Description: N 105 FT OF S 623 FT OF E 131 1/2 FT OF W 526 FT OF LOT 5 HOPKINS MAP FITCH GRANT PER D/C 6205 PG 4676 PER OR 6259 PG 1381 PER OR 7141 PG 2985 PER OR 7736 PG 0750
  • Levels: One
  • Parcel Number: 4242-40-05-0240
Owner Information
  • Owner Pays: Electricity, Exterior Maintenance, Gas, Grounds Care, Hot Water, HVAC Maintenance, Insurance, Janitorial Service, Management, Pest Control, Repairs, Sewer, Taxes, Trash Collection, Water
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Headshot for Associate Natalie Gorse
  1. Natalie Gorse, REALTOR ®
  2. Tropic Shores Realty
  3. Office: 352.684.7371
  4. Mobile: 352.584.7611
  5. Fax: 352.584.7611
  6. nataliegorse352@gmail.com