547 division stDaytona, FL 32114
547 division stDaytona, FL 32114
Description
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% 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. This is a unique opportunity to become involved.
Property Details for 547 Division St
- Subdivision ComplexDaytona
- Architectural StyleDetached, One Story
- ExteriorNone
- Num Of Garage Spaces0
- Parking FeaturesAttached Carport, Covered, Driveway, Rv/Boat Parking
- Property AttachedNo
LISTING UPDATED:
- StatusPending
- MLS #A11609028
- Days on Site0
- Taxes$1,077 / year
- MLS TypeResidential
- Year Built1929
- CountryVolusia County
LISTING UPDATED:
- StatusPending
- MLS #A11609028
- Days on Site0
- Taxes$1,077 / year
- MLS TypeResidential
- Year Built1929
- CountryVolusia County
Building Information for 547 Division St
- Year Built1929
- Lot Size0.0000 Acres
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Property Information for 547 Division St
Summary
Location and General Information
- Community Features: Sidewalks, Street Lights
- Directions: please see gps
- View: Garden
- Coordinates: 29.1997099,-81.02270299999999
School Information
Taxes and HOA Information
- Parcel Number: 533946050181
- Tax Year: 2023
- Tax Legal Description: S 25 FT OF LOT 18 & INC N 15 FT OF LOT 10 & N 23 FT OF LOT 1 1 BLK 5 SUB LOTS 4 & 5 BLK 27 DAYTONA MB 15 PG 133 PER OR 49 22 PGS 2225-2226 P
Virtual Tour
Parking
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Cooling: Central Air, Electric, None
- Heating: Central, Electric
- Basement: None
- Flooring: Other
- Interior Features: First Floor Entry, No Additional Rooms
- Other Equipment: No Equipment
- Bathrooms Total Integer: 2
- Bathrooms Total Decimal: 2
Exterior Features
- Construction Materials: Elevated Construction
- Roof Type: Other
- Pool Private: Yes
Property
Utilities
- Sewer: Public Sewer
- Water Source: Municipal Water
Property and Assessments
- Home Warranty: No
- Property Condition: Handyman Special
Green Features
Lot Information
- Lot Features: Less Than 1/4 Acre Lot
Multi Family
- Number of Units To Be Built: Square Feet
Rental
Rent Information
- Land Lease: No
Public Records for 547 Division St
Tax Record
- 2023$1,077.00 ($89.75 / month)
Home Facts
- Beds3
- Baths2
- Lot Size0.0000 Acres
- StyleSingle Family Residence
- Year Built1929
- APN533946050181
- CountyVolusia County
- ZoningRes
- Fireplaces0
