Suggested Price: $99,900 (make us your best offer!) 

Inspection report available upon request

Pictures
Map
Layout

Comparable Sold Properties:

• 356 Ellsworth St
• 375 Jefferson St
• 232 N Keech St
• 241 Desoto St
• 325 Garden St

🔥 Hold or Flip This Daytona Beach Rental 🔥

Located across the street from Bethune Cookman College and a short walk from both US1 and International Speedway Blvd, this cute little bungalow comes complete with a long-term Section 8 tenant. 

The existing tenant has been there for 12 years and pays $900/month (his lease is up in November 2024). Section 8 rent allowances are much higher, so there is potential for a substantially greater return as early as November if you were to make some changes at that time.

See 2024 Section 8 Rent Fair Market Rent Amounts Here

This property would also work well for a rehab/retail strategy given local fixed up comparable values.

Property Details:

• 3 bedrooms
• 1 bathroom
• 936 SF under air (1,204 total SF)
• Central AC
• Block/Stucco
• 1940 built
• Crawl space
• City water and sewer
• Lot - 41' x 103'
• Older roof (2006?), no leaks/issues
• New HVAC and water heater in past 5 years
• See pictures for more information about condition

Call Josh at (321) 238-8394 for more details and/or to RSVP for our inspection appointment.

Closing Notes:

1. We are selling our assignable purchase agreement, not the property itself. 
2. You or your representative must be present at the scheduled inspection for your offer to be considered unless you are making a site-unseen offer with a sizable non-refundable deposit and no expectation of an inspection contingency. 
3. This email is a private communication and should not be displayed or discussed in front of or with the Seller(s) or any Tenant(s) or Neighbor(s). Due to the private nature of these transactions, you are forbidden from showing up at the property or otherwise trying to make contact with the Seller, their tenants, or their neighbors without our permission, which includes offering your business card during our inspection appointment. Any questions or discussion about the deal, the property, or the tenants should be directed to us or to our representatives only.
4. Highest and best offers are due within 24 hours of the inspection appointment. 
5. Non-refundable deposit of $5,000 due to our title company upon offer acceptance (100% refundable if unable to convey clear & marketable title).
6. All closing costs paid by Buyer. Seller pays prorated taxes and any liens.
7. If you want to co-market our deals, you must have our written consent first.