601 State Avenue, Daytona Beach, FL 32117
- $899,000
- 11
- BD
- 8
- BA
- 5,194
- SqFt
- List Price
- $899,000
- Price Change
- ▼ $31,000 1759271552
- MLS#
- TB8396339
- Bedrooms
- 11
- Bathrooms
- 8
- Sq. Ft
- 5,194
- Lot Size
- 6,161
- Subtype
- Multi-Family 5+
- County
- Volusia
- Community
- No Deed Restriction
- Subdivision
- Pine Crest Add Holly Hill
- Region
- Daytona Beach
- Year Built
- 1973
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.
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Additional Information
- Heating
- Electric
- Cooling
- Central Air, Wall/Window Unit(s)
- Roof
- Shingle
- Sewer
- Public Sewer
- Exterior Features
- Balcony
- Construction
- Concrete
- Living Area
- 5,194
Listing courtesy of FLORIDA REALTY INVESTMENTS. Contact: 407-207-2220