601 STATE AVENUE at

601 STATE AVENUE

For sale Days on market 214

$899,000

$173/sq ft

$61,000
Price Decreased

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Overview

Bedroom

Year Built

1973

Sqft

5194

Property Type

Multi Family

Property Description

Crosscreek Apartments, is a 8-unit multifamily investment located at 601 State Ave, Daytona Beach, Florida. Built in 1973, the property spans 5,194 square feet on a 0.14-acre lot, offering a turnkey opportunity with immediate upside potential through rental increases. The unit mix includes three 2-bedroom/1-bath units and five 1-bedroom/1-bath units, catering to a wide range of renter profiles. All units are equipped with central air conditioning and separately metered electric, while the landlord is responsible for city water, sewer, and trash services. The property is constructed with block exterior walls on slab foundations, ensuring long-term durability and reduced maintenance. Strategically located in the heart of Daytona Beach, the property is surrounded by major thoroughfares, employment centers, and coastal amenities, making it a desirable location for tenants and a promising value-add opportunity for investors.

Property Details

MLS#

TB8396339

Address

601 STATE

City

DAYTONA BEACH

State/county

Zip/Postal Code

32117

Area

Pine Crest Add Holly Hill

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$9,158

Maint Fee

$--

Tax Year

2024

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