1216 Kennedy Road, Daytona Beach, FL 32117

$2,350,000
19,854
SqFt

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List Price
$2,350,000
Status
Active
MLS#
TB8496656
Price Change
▼ $100,000 1781035649
Property Type
Multi-Family 5+
Living Area
19,854
Lot Size
35,398
Region
Daytona Beach
Area
19854
County
Volusia
Acres
0.81
Year Built
1974

Property Description

Welcome to Kennedy Garden Apartments, a 20-unit apartment building in Daytona Beach, FL. This meticulously maintained building offers a lucrative investment with strong rental potential and a desirable unit mix. Each of the 20 units features two bedrooms and one bathroom, offering approximately 900 square feet of living space. The roof of the building was replaced in 2019, ensuring structural integrity and providing peace of mind for both residents and property owners. There is an on-site leasing office that streamlines tenant interactions, leasing processes, and property management, enhancing the building's operational efficiency. Tenants are responsible for their electricity bills, while the landlord covers water and sewer expenses. With a fully occupied building and competitive rental rates, this property offers a consistent and reliable income stream for investors.

Additional Information

Roof
Shingle
Land Type
No Deed Restriction
Lot Size
35,398
Construction
Block
Year Built
1974
Subdivision
Mason & Carswells Holly Hil
Living Area
19,854
Style
Two Story

Listing courtesy of FLORIDA REALTY INVESTMENTS. 407-207-2220

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