South Daytona - Beach Property For Sale #4605897

Under contract-accepting backup offers. Tremendous opportunity to acquire a turnkey DUPLEX in the heart of South Daytona; right across the street from public boat ramp at Vets Memorial Park. This property is HIGH and DRY so flood insurance is not required, nor has it experienced any flooding issues. Proximity to I-95/I-4 is excellent, located on a quiet street, and a five min. drive to Fysh (new restaurant on Dunlawton). You're also close to the speedway, beach street, and ocean access. Property has been very well cared for by current owner for the past 12 years. Professionally managed with long-term tenants in place. Built in 2005, no major repairs are needed. A/c has been replaced in one unit. Each unit is a 2/2 with a 1 car garage and fenced yards. Each side has an interior laundry room. Leases expire soon and market rent per current comps indicate $1500/side. Could also be a great opportunity for an owner-occupant to live in one side and rent the other. *The City of South Daytona is a community of over 14,000 residents located on the picturesque banks of the Halifax River in east Volusia County. With a palm lined business corridor, the community is predominately residential with a small-town ambiance and waterway access that epitomizes the Florida lifestyle. The City encompasses four square miles, bordered on the south by Port Orange and Daytona Beach to the north. Its compact size and hometown atmosphere promote a friendly and relaxed quality of life. It is located only minutes away from the World acclaimed Atlantic Ocean beaches that attract more than 8 million visitors a year. Well-kept residential areas, excellent schools, beautiful public parks, abundant shopping and dining opportunities, and a responsive city government make South Daytona a great place to live, work. and play. South Daytona is a Small City with Big Economic Opportunities. The City is experiencing unprecedented growth with new construction of luxury apartments, condominiums, and town-homes.*