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  • $482,000

    42 S Grandview Ave, Daytona Beach, FL 32118

    1beds
    0baths
    2,726sqft
    Quadruplex, Multi Family
    Built in 1940
    -- sqft lot
    $506,100 Zestimate®
    $177/sqft
    $929 Estimated rent

    Home value

    $506,100

    $440,000 - $582,000

    $929/mo

    Zestimate® history
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    $3,323/mo

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    What's special

    Who doesn't love Immediate Cash Flow??? Start making money today! This is the multi family property you've been waiting to acquire to your investment portfolio! Located right on the beachside just 0.2 Miles from the Atlantic Ocean at the World's Most Famous Beach! This purpose built 4 unit property has gone through extensive renovations and the units themselves are near as beautiful as the ocean and sunset views from the individual private balconies. All 4 one bedroom units are HUGE giving the tenants plenty of living space; these might be the biggest one bedroom units in any apartment on the beachside! Units all feature 9FT ceilings, refinished hardwood flooring, gas stoves, massive French doors, one even offers a clawfoot tub, and even more absolutely beautiful finishes. All .. CON'T .. brand new electrical just completed; no knob or tube wiring here, and a newer roof for peace of mind. Two garages onsite could be used to generate even more income, as well as putting in an operating agreement with a coin/smart phone app operated laundry machine company to make full use of the private onsite laundry room. This one of a kind multi family property has even more upside as the rent is below market value - especially for a building of this stature. Current Rents are at $1,000 Per Unit and Fully Occupied with wonderful very long standing tenants that take great care of the property and their individual units. Separate Electric and Gas Meters onsite saving the owner these costs as the tenants are responsible for this cost. Located in an absolute prime location just seconds away from the beach, the Daytona Pier, restaurants and entertainment. Do not miss out on this incredible opportunity to own a building that will be worth holding onto for years and years to come!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Bretzel 386-631-5757,

    Keller Williams Realty Florida Partners

    Bought with:

    non member

    Nonmember office

    Source: DBAMLS,MLS#: 1117858MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 0
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Refrigerator, Electric Range, Dishwasher
    Interior area
    • Total structure area: 4,054
    • Total interior livable area: 2,726 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Exterior features: Balcony, Other
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 4,791 Square Feet
    Details
    • Parcel number: 530401110110

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Stucco
    • Roof: Shingle
    Condition
    • Year built: 1940

    Utilities & green energy

    • Electric: 200+ Amp Service, Fuses
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Rogers Seabreeze
    HOA
    • Has HOA: Yes
    Location
    • Region: Daytona Beach

    Financial & listing details

    • Price per square foot: $177/sqft
    • Tax assessed value: $481,836
    • Annual tax amount: $8,237
    • Date on market: 1/8/2024
    • Tenant pays: Cable TV, Electricity, Gas

    Price history

    DateEventPrice
    3/5/2024Sold$482,000-3.4%$177/sqft
    Source: DBAMLS #1117858 Report a problem
    1/30/2024Contingent$499,000$183/sqft
    Source: DBAMLS #1117858 Report a problem
    1/8/2024Listed for sale$499,000$183/sqft
    Source: DBAMLS #1117858 Report a problem
    12/8/2023Listing removed--
    Source: Stellar MLS #O6153479 Report a problem
    11/29/2023Price change$499,000-8.9%$183/sqft
    Source: DBAMLS #1115925 Report a problem
    11/6/2023Listed for sale$548,000+10%$201/sqft
    Source: DBAMLS #1115925 Report a problem
    2/16/2022Listing removed--
    Source: DBAMLS #1092280 Report a problem
    1/31/2022Contingent$498,000$183/sqft
    Source: DBAMLS #1092280 Report a problem
    1/28/2022Listed for sale$498,000$183/sqft
    Source: DBAMLS #1092280 Report a problem
    1/18/2022Contingent$498,000$183/sqft
    Source: DBAMLS #1092280 Report a problem
    1/17/2022Listed for sale$498,000+21.5%$183/sqft
    Source: DBAMLS #1092280 Report a problem
    7/16/2021Sold$410,000-7.9%$150/sqft
    Source: DBAMLS #1081864 Report a problem
    6/11/2021Pending sale$445,000$163/sqft
    Source: DBAMLS #1081864 Report a problem
    3/23/2021Listed for sale$445,000+74.5%$163/sqft
    Source: DBAMLS #1081864 Report a problem
    3/19/2018Sold$255,000+50%$94/sqft
    Source: DBAMLS #1034345 Report a problem
    9/16/2003Sold$170,000+83.4%$62/sqft
    Source: Public Record Report a problem
    12/4/2000Sold$92,700$34/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,697 +6.3%$481,836 +6.8%
    2024$8,178 -0.7%$450,984 -1.8%
    2023$8,237 +23.9%$459,430 +25.6%
    2022$6,646 $365,681 +42.3%
    2021-- $256,932 +15.7%
    2020$4,378 $222,123 +10%
    2019$4,378 +10.2%$201,930 +7.9%
    2018$3,972 +49.5%$187,152 +61.7%
    2017$2,657 +23%$115,721 +23.8%
    2016$2,159 +9%$93,446 +8.4%
    2015$1,981 +16.8%$86,228 +20%
    2014$1,695 $71,855 -9.7%
    2013-- $79,554 +12%
    2012-- $71,001 -4.9%
    2011-- $74,662 -12.2%
    2010-- $85,082 -7.7%
    2009-- $92,211 -46.5%
    2007-- $172,238 -10.6%
    2006-- $192,708 +27.2%
    2005-- $151,472 +6.7%
    2004-- $142,017 +21.7%
    2003-- $116,724 +38.5%
    2002-- $84,250 +3.7%
    2001-- $81,216 +1.7%
    2000-- $79,829
    Find assessor info on the county website

    Neighborhood: 32118

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $506,100
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    Estimated market value
    $506,100