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.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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