416 N Peninsula Drive
Daytona Beach, FL 32118

Listed at $520,000

Details

  • MLS# 1231390
  • Multi Unit - Multiple
  • Status Active
  • 5 Bedrooms
  • 4 full Bathrooms
  • 2,325 Square Feet
  • 0.170 acres
  • Built in 1918
  • Local Schools

Description

Income-producing opportunity in the heart of Daytona Beach! Situated in a desirable location between the intracoastal waterway and the ocean, this unique property offers a 3-bedroom, 2-bath primary residence PLUS a separate 2-bedroom, 2-bath apartment above the detached two-car garage, both currently rented and generating income. The property has been updated while maintaining the character and charm of the original 1918 home. The main residence features updated flooring, countertops, bathrooms, plumbing and HVAC, along with its own interior laundry space. The main residence is being offered furnished and was previously outfitted for use...read more as a vacation rental, making it well positioned for continued rental use. The separate apartment above the garage features two bedrooms, two full bathrooms and its own dedicated laundry room, providing an additional independent living space. Both residences are currently operated as 30-day minimum rentals, providing an attractive opportunity for an investor, an owner looking to occupy one residence while renting the other, or those seeking a flexible multi-generational setup. A shared driveway offers plenty of parking, while the detached two-car garage and separate storage shed add even more functionality. Conveniently located between the intracoastal waterway and the ocean and just minutes from the beach, this property puts you close to everything Daytona Beach has to offer, including the riverfront, dining, shopping, entertainment and popular area attractions. Whether used as an investment property, vacation retreat or primary residence with additional rental income, the location offers exceptional access to the best of the Daytona Beach lifestyle. Some photos may be virtually staged to illustrate the potential use and layout of the space.

Features

  • Washer
  • Refrigerator
  • Microwave
  • Electric Range
  • Electric Oven
  • Dryer
  • Dishwasher
  • Central Air, Multi Units
  • 1 Fireplace
  • Tile
  • Vinyl
  • Central
  • 2.0 Stories
  • $8,327 Taxes
  • Public
  • Built in 1918
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Electric Oven, Dryer, Dishwasher
  • Cooling: Central Air, Multi Units
  • Days on Site: 25
  • Directions: From I-95: Take Exit 261 for US-92/International Speedway Blvd and head east toward Daytona Beach. Continue east on International Speedway Blvd. Turn left (north) onto Peninsula Drive and continue to 416 N Peninsula Drive, which will be on your right.
  • Exterior: Block, Frame
  • Fireplace: Wood Burning
  • Fireplaces: 1
  • Flooring: Tile, Vinyl
  • Garage: 2
  • Heating: Central
  • Laundry: In Garage, In Unit
  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Lot Description: Other
  • Lot Dimensions: 50.0 ft x 150.0 ft
  • Lot Size: 0.17 Acres
  • Parcel #: 5305-01-26-0110
  • Parking: Additional Parking, Detached
  • Property Attached Y/N: No
  • Property Sub-Type: Multi Family
  • Road Surface: Asphalt
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • SQFT Total: 2847
  • Stories: 2.0
  • Taxes: $8,327
  • Tenant Pays: All Utilities
  • Units: 2
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water: Public
  • Year Built: 1918