547 Division St Daytona Beach, FL 32114
Central Daytona NeighborhoodEstimated payment $635/month
Total Views
3,008
3
Beds
2
Baths
1,066
Sq Ft
$94
Price per Sq Ft
Highlights
- No HOA
- Front Porch
- Central Heating
- Spruce Creek High School Rated A-
- 1 Attached Carport Space
- West Facing Home
About This Home
Investor Alert! Consider this fix-and-flip or fix-and-hold opportunity, yielding 2,052/month as per HUD (Section 8) for a single-family residence. With Section 8, expect a 15 percent annual increase in rental income. A three-bedroom, two-bathroom house in Daytona Beach presents an excellent rehab prospect. Offered at 93.81/sq ft, the property's estimated ARV post-renovation stands at 225,000. It requires a new roof (see attached estimate) and has an encroachment issue (see attached survey). Estimated repairs are 40,000, with a total investment of 140,000, leading to 85,000 of instant equity. Terms are cash only, and the encroachment will remain. Anticipate a 10 cap rate on your investment or opt for refinancing and cash out. A single-family home in Daytona Beach offers a 10 cap rate with a sales price of only 100. You have the option to fix and hold or fix and flip, potentially realizing an immediate equity of 85.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,077
Year Built
- Built in 1929
Lot Details
- 4,927 Sq Ft Lot
- West Facing Home
Parking
- 1 Attached Carport Space
Home Design
- Fixer Upper
- Raised Foundation
- Shingle Roof
Interior Spaces
- 1,066 Sq Ft Home
- 1-Story Property
- No Kitchen Appliances
- Washer and Gas Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Assumable Lease
- Front Porch
Utilities
- No Cooling
- Central Heating
Community Details
- No Home Owners Association
- Conrad Subdivision
Listing and Financial Details
- Assessor Parcel Number 5339-46-05-0181
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,077 | $60,102 | $14,890 | $45,212 |
| 2024 | $1,077 | $60,192 | $14,438 | $45,754 |
| 2023 | $1,077 | $60,062 | $14,896 | $45,166 |
| 2022 | $555 | $37,872 | $10,853 | $27,019 |
| 2021 | $505 | $29,083 | $9,574 | $19,509 |
| 2020 | $469 | $27,990 | $9,574 | $18,416 |
| 2019 | $418 | $22,857 | $4,352 | $18,505 |
| 2018 | $388 | $19,935 | $4,352 | $15,583 |
| 2017 | $366 | $17,929 | $3,258 | $14,671 |
| 2016 | $343 | $15,427 | $0 | $0 |
| 2015 | $344 | $14,729 | $0 | $0 |
| 2014 | $357 | $15,151 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2024 08/01/24 | Pending | -- | -- | -- |
| 07/25/2024 07/25/24 | For Sale | $100,000 | +6.4% | $94 / Sq Ft |
| 08/31/2022 08/31/22 | Sold | $94,000 | 0.0% | $85 / Sq Ft |
| 08/11/2022 08/11/22 | Pending | -- | -- | -- |
| 08/06/2022 08/06/22 | For Sale | $94,000 | -- | $85 / Sq Ft |
Source: Daytona Beach Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | $100 | None Listed On Document | |
| Warranty Deed | $94,000 | -- | |
| Quit Claim Deed | -- | Mcguire Woods Llp | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $11,800 | -- | |
| Quit Claim Deed | $11,600 | -- | |
| Warranty Deed | $26,000 | -- | |
| Deed | $6,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $13,500 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Daytona Beach, FL
Source: Daytona Beach Area Association of REALTORS®
MLS Number: 1201964
APN: 5339-46-05-0181
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