998 Bellevue Daytona, FL 32114
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| County: Volusia County |
| Price: $349,000 |
| ID#: 1011241368 |
| Legal: 39-15-33 LOTS 2 & 3 EXC W 40 FT & ALL OF LOTS 4 THRU 12 BLK C KENSINGTON GARDENS DAYTONA BEACH MB 6 PG 184 PER OR 2191 P G 1806 |
| Property Tax: $657.00 |
| Tax Year: 2021 |
| Status: Active |
| Area: 5940 Florida Other |
| Zoning Information: MSR 20 |
| Neighborhood: DAYTONA |
| Road: Legal Access Road,Public Road |
| Improvements: No Misc/Improvements |
| Folio Number: |
| Subdivision DAYTONA |
| Listed Date: 2022-07-16 |
| We have the honor to present to you: In the City, 3 Parcels in total. 2.16 Acres. See Drawings to build attached reflecting a potential 14% PLUS CAP Rate, 36 to possibly 42 Residential apartments. Can also build condominiums, or 36 Residential apartments with 2 bedrooms 2 bathrooms each unit (Est. Rent $1,850 Per Unit), with 94 Parking spaces. These 3 lots are located facing: (Lot 1 Bellevue St., Lot 2 Jean St. and Lot 3 South Caroline St.). Estimated cost to build the building it's around $4.7 million, and potential property value after construction over 9.4 million and up. This are estimated, and value will change according to market conditions. "Small portion Seller Financing Available if needed to facilitate purchase". Huge upside potential. | ||
