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547 Division St, Daytona, FL 32114

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For Sale
Sale Pending

$100,000

3 beds2 baths1,101 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $90.83
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# A11609028

Courtesy Of 1 Key Realty, Inc.

(305) 525-8947

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Cable Ready
  • Architecture Style
    Other
  • Cooling System
    None
  • Heating System
    Central Furnace

Map and Directions

Directions to 547 Division St, Daytona, FL 32114
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Home seller CENTURY 21 Miller Elite

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Miller Elite

(904) 261-5571
Learn More About Us

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