$2,350,000

$118/sq ft

$100,000
Price Decreased

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Overview

Year Built

1974

Sqft

19854

Property Type

Multi Family (5+)

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.

Property Details

MLS#

TB8496656

Total Floor in Bldg

2

Address

1216 KENNEDY

City

DAYTONA BEACH

State/county

FL

Zip/Postal Code

32117

Area

Mason & Carswells Holly Hil

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$24,295

Maint Fee

$--

Tax Year

2025

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Boris Gelfand