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$925,000
Listing Price16beds
3baths
1,594sqft
12,810sqft lot
346 Clifton Ave, Daytona Beach, FL 32117
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Fantastic turkey investment property package of 3 properties 100% occupied with 16 tenants producing $14, 077.00 gross monthly income listed at an 8.5% cap rate based on actual 2023 financials. An unheard of 9% cap rate based on 2024 financials so far this year. You may have heard the term house hack or PadSplit, these are fully furnished rentals, rented out individually by the room. All furnishings are included in the sale, and 45 days of management training included. The current owners have been doing this business model since 2011. It's 100% turnkey, tenants are all on month by month leases for flexibility, however on average most tenants stay 12-18 months, some even longer All of the properties are in great shape and have no deferred maintenance. Properties included in the sale: Property #1: 6 bedroom 2 bath house, Property #2: 4 bedroom 1 bath house and detached studio apartment with full kitchen and bath. Property #3: 4 bedroom 2 bath house and attached studio apartment with full kitchen and bath. Full financials, property list, and additional details with signed non-disclosure agreements.
Interior Details
1594
16
3
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Oil
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
Combination, Other
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
12810
No
No
Type:
Carport (unspecified)
Location:
N/A
Status:
N/A
Number of Spaces:
0
No
No
No
No
No
No
No
Construction Details
N/A
Concrete
N/A
Flat
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$1,837
$14,015
$73,838
--%
$87,853
2019
$643
$0
$0
--%
$75,003
2018
$651
$0
$0
--%
$73,605
2017
$656
$0
$0
--%
$72,091
2016
$668
$9,632
$60,976
--%
$70,608
2014
$1,590
$0
$0
--%
$64,978
2013
$1,798
$0
$0
--%
$72,494
2011
$1,877
$0
$0
--%
$74,579
Average Home Price in 32117
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