538 Loomis Avenue, Daytona Beach, FL 32114
- $299,900
- 6
- BD
- 3
- BA
- 2,304
- SqFt
- List Price
- $299,900
- Status
- Active
- Days on Market
- 186
- Price Change
- ▼ $4,100 1780947072
- MLS#
- O6375014
- Property Style
- Triplex
- Year Built
- 1928
- Bedrooms
- 6
- Bathrooms
- 3
- Living Area
- 2,304
- Lot Size
- 11,448
- Acres
- 0.26
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Daytona W 02/3 Lt 06 Blk 26
- MLS Area Major
- Daytona Beach
Property Description
APPRAISED AT $304,000. Income Producing Triplex. Discover a strong cash-flowing investment opportunity with this well-maintained triplex in the heart of Daytona Beach. Consisting of two buildings with three separate units, this property is a proven income producer, currently generating $37,800 in annual rental income, with upside potential through rent increases or value-add improvements. Each unit is individually metered for electric and water, minimizing owner expenses and maximizing operational efficiency. The property also includes an additional fenced lot, providing flexibility for future development, storage, or added amenities. The roof was replaced in 2017, offering peace of mind and reduced near-term capital expenses. Ideally located just minutes from shopping, dining, entertainment, and the world-famous Daytona Beach, this property blends the appeal of coastal living with the fundamentals of a solid investment. Whether you’re a seasoned investor looking to expand your portfolio or a buyer entering the multifamily market, this is a rare opportunity in a prime location.
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Additional Information
- Taxes
- $3773
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- RESI
- Interior Layout
- Ceiling Fans(s)
- Interior Features
- Ceiling Fans(s)
- Appliances
- Microwave, Range, Refrigerator
- Utilities
- Public
- Heating
- Ductless
- Air Conditioning
- Mini-Split Unit(s), Wall/Window Unit(s)
- Exterior Construction
- Block, Stucco, Frame
- Exterior Features
- Fence, Sidewalk
- Roof
- Shingle
- Foundation
- Crawlspace
- Pool
- No Pool
- Flood Zone Code
- A
- Parcel ID
- 5339-39-01-0010
- Legal Description
- LOTS 1 & 2 BLK 1 SUB W 2/3 OF LOT 6 BLK 26 DAYTONA MB 4 PG 20 MB 16 PG 77 PER OR 5011 PG 2388 PER OR 7448 PG 0364 PER OR 7551 PG 4145 PER OR 7763 PG 2131
Listing courtesy of PROPERTY LOGIC RE. 407-909-3436
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