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.
Features
: Other
: Other
: Other
: Other
: Public Sewer
: Other
: Other
Address Map
US
FL
Volusia
Daytona Beach
32114
PALMETTO
1450
AVENUE
W82° 59' 30.4''
N29° 11' 7.9''
32114 - Daytona Beach
S
02T2
From intersection of US1 (Ridgewood Ave) and US 92 (International Speedway Blvd), head south on US1. Turn left (east) on Wilder Blvd. Turn right (south) on S Palmetto Ave. Subject is on right.
Additional Information
210x150
: Public
2024-01-25
20
: Other
: Concrete
Financial
29083.43
Listing Information
035842586
035842585
Sold
2024-05-20T12:27:07Z
Stellar
: None
2024-05-20T12:26:22Z
Review
1450 AVENUE Daytona Beach
1450 S Palmetto Avenue, Daytona Beach, Florida 32114
20 Bedrooms
20 Bathrooms
13,728
$2,300,000
Listing ID #R4907511
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : R4907511
Price : $2,300,000
Bedrooms : 20
Bathrooms : 20
Square Footage : 13,728
Year Built : 1987
Lot Area : 0.72 Acre
Status : Closed
Office Name : BRG REALTY VENTURES
Agent Name : Beau Beery
Property Sub Type : Multi-Family
Roof : Shingle
Listing Status : Closed
Agent info
Erica Diaz Team
Contact Agent