REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Nitza Geiger

nitzasellshomes@gmail.com +1(321) 217-2293

$875,000

Est. payment - /mo

6 Beds

6 Baths

1,995 SqFt

Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,995 sqft

Price per Sqft $438

Subdivision Smith Bertha K Resub Blks 17-18 21-23 & 26 Memento

MLS Listing ID NS1088052

Bedrooms 6

Construction Status Completed

HOA Y/N No

Year Built 1947

Annual Tax Amount $2,846

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50x125

Property Sub-Type Triplex

Source Stellar MLS

Property Description

Explicitly designed for the astute investor and or an owner-occupied for positive cash flow revenue generating property, completely rebuilt and beautifully reimagined, this exceptional multi-unit property at 205 N Wild Olive Ave offers a rare turnkey investment opportunity in the very heart of everything Daytona Beach is world renown for. Located just steps from the sand and directly across from Daytona Lagoon, this property combines modern construction with unbeatable location and features upscale accommodations. This property features upscale accommodations. Unit 205 is approx 1100 sqft and is a 1 story distinctly renovated beach house featuring 2 bedrooms, 2 full sized baths, 1 spare room could be utilized as an office, bonus room or 3rd sleeping quarters, offering a potential 3rd bedroom or office space. The front residence has been taken nearly down to the studs and fully reconstructed into a stunning single-story home featuring 2 bedrooms and 2 bathrooms. Everything is brand new- from the redesigned floor plan and updated siding to the roof, appliances, and finishes--while preserving the charm of the original fireplace. Unit 207 is approx 1300 sqft and is a 2-story brand-new build from the ground up. Behind the main home, a newly constructed two-story building adds two additional units--one upstairs and one downstairs--each offering 2 bedrooms and 2 bathrooms. In total, the property includes three spacious 2/2 units, all thoughtfully designed with modern living in mind. Both buildings were designed and constructed with accentuated attention to the smallest details. All New plumbing & electric, Interior walls insulated, above code required measures for adverse weather conditions. Residents will appreciate the convenience of a separate outdoor laundry building with a large washer/dryer area, as well as proximity to everything Daytona Beach has to offer. Located within walking distance to the Ocean Center and near Peabody Auditorium, plus just minutes from the river, beaches, shopping, dining, and vibrant nightlife. Exceptional Cap rates Above 7 percent utilizing all rentable space, above 4 percent as an owner-occupied situation. In either scenario, the new owner will enjoy a safe & reliable R.O.I. Whether you're looking to expand your portfolio or secure a high-demand rental property in a prime coastal location, this fully renovated triplex is a standout opportunity.

Location

State FL

County Volusia

Community Smith Bertha K Resub Blks 17-18 21-23 & 26 Memento

Area 32118 - Daytona Beach/Holly Hill

Zoning 02RP

Interior

Interior Features Open Floorplan

Heating Ductless

Cooling Wall/Window Unit(s)

Flooring Luxury Vinyl

Fireplaces Type Living Room, Wood Burning

Furnishings Unfurnished

Fireplace true

Appliance Disposal, Dryer, Range, Refrigerator, Tankless Water Heater, Washer

Laundry Common Area, Laundry Room, Outside

Exterior

Exterior Feature Outbuildings

Parking Features Common, Driveway, On Street

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N Yes

Roof Type Shingle

Porch Front Porch, Rear Porch

Garage false

Private Pool No

Building

Lot Description City Limits, Near Public Transit, Paved

Entry Level Two

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Cement Siding

New Construction true

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/NS1088052

Read Less Info

Listed by Jennifer Matacale PREMIER SOTHEBYS INTL REALTY

Nearby Locations

Nitza Geiger

Broker Associate

+1(321) 217-2293 | nitzasellshomes@gmail.com

GET MORE INFORMATION

QUICK SEARCH

205 N WILD OLIVE AVE Daytona Beach, FL 32118

Nitza Geiger

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

GET MORE INFORMATION