Property Attributes
- MLS#R4907510
- TypePending
- CountyVOLUSIA
- CityHOLLY HILL
- AreaDaytona Beach
- NeighborhoodFitch Thomas Grant
- Zip32117
- StyleMulti Family
- Year Built1974
- Taxes$ 34304
- Price$ 3,200,000
- Bedrooms44
- Full Bathrooms27
- Half Bathrooms0
- Sqr Footage21980
- Lot Size0.92 Acres
Data Source:
Stellar MLS
Property Description
Oakwood is roughly 2 miles from the beach and is composed of 18 two bedroom one baths (900+/- SF), 8 one bedroom one baths (720+/- SF), and one 450+/- SF studio. While in place rents for the 1/1s are $1,059 per month, $1,150 has been achieved on recent leases and comps show $1,200 is the next target. The 2/1s are averaging in place $1,205/month, with recent leases at $1,275/month and a newly advertised rent of $1,299/month. The overall in place average rent is $1,156/month with the target market rent at $1,253/month. The flat roof was replaced 2015+/- and the mansard shingle portion was replaced in 2023. As with Sprucewood, almost $5,000/unit has been spent on capx, including shingles, HVAC units, water heaters, appliances, cabinets, countertops, flooring, and converting a storage room to the studio unit. Seller has another offering of 20 units available. See MLS #R4907511
Price History | |
---|---|
1/25/2024 | Listed $3,200,000 |
General Features
Interior Features | Other |
---|---|
Sewer | Public Sewer |
Heating | Other |
Cooling | Other |
Utilities | Other |
Roof | Built-Up,Shingle |
Exterior Features | Other |
Zoning | R-2 |
Construction Materials | Concrete |
Year Built | 1974 |
Property SubType | Multi Family |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
County | Volusia |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | FITCH THOMAS GRANT |
Garage Y/N | No |
Status | Pending |
Directions | From intersection of US1 (Ridgewood Ave) and US 92 (International Speedway),head north on US1. Turn left on 3rd St (west). Turn right on Clifton Ave (north). Subject is on right. |
City | HOLLY HILL |
Buyer Agent Compensation | 1% |
Senior Community Y/N | No |
Total Units | 27 |
MLS Area | 32117 - Daytona Beach |
Lot Size Square Feet | 40158 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Clifton |
Tax Annual Amount | 34304.34 |
Public Remarks | Oakwood is roughly 2 miles from the beach and is composed of 18 two bedroom one baths (900+/- SF),8 one bedroom one baths (720+/- SF),and one 450+/- SF studio. While in place rents for the 1/1s are |
Days on Market | 19 |
Standard Status | Pending |
Tax Lot | 5 |
Legal Description | N 206.93 FT OF S 390.20 FT MEAS ON W/L OF LOT 5 E OF CLIFTON ST HOPKINS MAP FITCH GRANT PER OR 4577 PG 1213 PER OR 6763 PG 3085 PER OR 7233 PG 2764 PER OR 7553 PG 619 PER OR 8201 PG 4341 |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Heating Y/N | Yes |
Fireplace Y/N | No |
Street Suffix | AVENUE |
Laundry Features | Other |
Total Bedrooms | 44 |
LivingAreaSource | Public Records |
Total Baths | 27 |
Living Area Units | Square Feet |
Exterior Features
Water Source | Public |
---|---|
Lot Size Area | 40158 |
Foundation Details | Other |
Number of Buildings | 2 |
Lot Dimensions | 207 x 194 |
Lot Size Acres | 0.92 |
Road Surface Type | Asphalt |
Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool