BEDS11
BATHS
SQUARE FEET5,194
MLS#TB8396339
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPINE CREST
Property Description
Crosscreek Apartments, is a 8-unit multifamily investment located at 601 State Ave, Daytona Beach, Florida. Built in 1973, the property spans 5,194 square feet on a 0.14-acre lot, offering a turnkey opportunity with immediate upside potential through rental increases.The unit mix includes three 2-bedroom/1-bath units and five 1-bedroom/1-bath units, catering to a wide range of renter profiles. All units are equipped with central air conditioning and separately metered electric, while the landlord is responsible for city water, sewer, and trash services. The property is constructed with block exterior walls on slab foundations, ensuring long-term durability and reduced maintenance.Strategically located in the heart of Daytona Beach, the property is surrounded by major thoroughfares, employment centers, and coastal amenities, making it a desirable location for tenants and a promising value-add opportunity for investors.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Heating: Electric
Lot Size: 0.14 Acres
Roof Type: Shingle
Taxes: $9,158
Year Built: 1973
Amenities
Ninguno
Balcony
Feature Descriptions
Annual Net Income: 40345.00
Days on Site: 268
Directions: Go south bound on Ridgewood Ave, take a right on 6th St and another right on State Ave. Building is on the right.
Exterior: Concrete
Flood Zone Code: AE
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.14
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi Family
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, Do Not Contact Tenants, See Remarks
Special Sale Provisions: None
Units: 8
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: 09R7
Listed By / Shown By
Listed By
Agency Name: FLORIDA REALTY INVESTMENTS
Agency Contact: 407-207-2220
Shown By
Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-253-8044
Estimate Your Payment
Estimated Payment
$ 5,810.23 per month $4,784.86 Principal & Interest $763.17 Property Tax $262.21 Homeowner's Insurance
601 State Avenue | MLS# TB8396339
This multi-family property located at 601 State Avenue, Daytona Beach, FL 32117 is currently listed for sale with an asking price of $899,000. Search Daytona Beach real estate on www.adamscameron.com today.