$407,900
SOLD MAR 14, 2025

16 S Grandview Ave Daytona Beach, FL 32118

6 Beds
7 Baths
2,972 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$137 Per Sq Ft

18% Below List Price

297 Days on Market

Highlights

  • Corner Lot
  • Balcony
  • Courtyard
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Breakers Beachfront Park

About This Home

As of March 2025

HUGE OPPORTUNITY TO MAKE A KILLING! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 7 unit Multi-Family property that could be your next cash cow. 6 Beds 8 Baths. INCOME AT 3,225.00 PER MONTH EVEN WITH WITH 2 UNITS OWNER OCCUPIED. Walking distance to the Main Street Pier and Beach Access. With 100 occupancy rate (2 Units are owner occupied) this property is producing a NOI of 24,800.00 per year with plenty of room for easy increases. This prime piece of investment property offers One (1) One Bedroom - Two Bathroom Unit. Three (3) One Bedroom - One Bathroom Units and Four Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income Per Square Foot. A truly turnkey property that has plenty of income potential that has yet to be tapped into. Not In A Flood Zone And Did Great With The Hurricanes. 2018 Updated Roof. Each Unit Is Air Conditioned Via Window Unit. Inspection Report Done With No Major Repairs Needed.

Last Agent to Sell the Property

James McQueen

LPT Realty, LLC License #3555293 Listed on: 01/27/2025

LPT Realty, LLC

Last Buyer's Agent

James McQueen

Florida Life Real Estate Group License #3555293

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,278

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,972 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Full Bathrooms

Parking

  • 5 Car Garage
  • Parking Lot

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Balcony
  • Courtyard

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Gas Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for electricity, exterior maintenance, gas, grounds care, hot water, pest control, taxes, trash collection, water
  • Assessor Parcel Number 5304-01-11-0050
  • Community Development District (CDD) fees

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Rogers Seabreeze Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $3,225
  • Net Operating Income $21,828

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,278

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Rogers Seabreeze
  • Directions: TAKE INTERNATIONAL SPEEDWAY TO GRANDVIEW AND TURN LEFT
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1910
  • Reso Property Type: ResidentialIncome
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • General Property Information Lot Size Acres: 0.11
  • General Property Information CDD Fee YN: Yes
  • Location Tax and Legal:Parcel Number: 5304-01-11-0050
  • Location Tax and Legal:Tax Annual Amount: 4278.0
  • Location Tax and Legal:Tax Year: 2023
  • Water Source:Public: Yes
  • Fencing Fenced: Yes
  • Utilities:Cable Available: Yes
  • Utilities Water Connected: Yes
  • Cooling WallWindow Unit(s): Yes
  • Owner Pays Electricity: Yes
  • Owner Pays Hot Water2: Yes
  • Owner Pays Trash Collection: Yes
  • Owner Pays Water4: Yes
  • Owner Pays:Exterior Maintenance: Yes
  • Owner Pays:Grounds Care: Yes
  • Owner Pays Pest Control2: Yes
  • General Property Information Number Of Units Total2: 6.0
  • Unit 1 Details Furnished3: Negotiable
  • Unit 2 Details Furnished4: Negotiable
  • Unit 3 Details Furnished5: Negotiable
  • Unit 4 Details Furnished6: Negotiable
  • Unit 5 Details Furnished7: Negotiable
  • Unit 6 Details Furnished8: Negotiable
  • Gross Scheduled Income: 35700.0
  • General Property Information Number Of Buildings2: 1.0
  • Electric:Fuses: Yes
  • Owner Pays Gas2: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Dishwasher
  • Owner Pays: Electricity, Exterior Maintenance, Gas, Grounds Care, Hot Water, Pest Control, Taxes, Trash Collection, Water
  • Full Bathrooms: 7
  • Total Bedrooms: 6
  • Living Area: 2972.0
  • Appliances Dishwasher: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Frame
  • Exterior Features: Balcony, Courtyard
  • Roof: Shingle
  • Exterior Features:Balcony: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Total Parking Spaces: 5.0
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Fuses
  • Utilities: Cable Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 5304-01-11-0050
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 3225.0
  • Property Net Operating Income: 21828.0

Tax Info

  • Tax Annual Amount: 4278.0
  • Tax Year: 2023

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $407,900 -18.4% $137 / Sq Ft
01/27/2025 01/27/25 For Sale $499,999 0.0% $168 / Sq Ft
01/24/2025 01/24/25 Off Market $499,999 -- --
01/21/2025 01/21/25 For Sale $499,999 0.0% $168 / Sq Ft
01/20/2025 01/20/25 Off Market $499,999 -- --
11/10/2024 11/10/24 For Sale $499,999 0.0% $168 / Sq Ft
09/09/2024 09/09/24 Off Market $499,999 -- --
05/20/2024 05/20/24 For Sale $499,999 -- $168 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1123881

Daytona Beach Area Association of REALTORS®