835 N GRANDVIEW AVE, DAYTONA BEACH, FL, 32118
$799,000
Residential Income
Bedrooms
9
Bathrooms
5
Living Area
3,886 Sqft
Lot Size
10,500 Sqft
Rare opportunity to own a solid concrete block 4-plex just minutes from the beach and the Hard Rock Hotel — fully occupied and generating $5,050/month in rental income. Built in 1968 with the durability that only CBS construction delivers, this well-maintained property features one spacious 3BD/2BA unit and three 2BD/1BA units, each with two private entries and its own locked storage unit. All leases are month-to-month with rents currently below market, giving a new owner immediate upside potential. Upper units enjoy private balcony areas, and Unit 3 offers a peek-a-boo ocean view. Additional income streams include an on-site coin laundry (~$200–$300/mo), a rentable one-car garage, and two covered parking spaces. Recent upgrades include 2020 impact windows, storm shutters, new copper A/C refrigerant lines, a new retaining wall, and an irrigation well. Unit 4 (3/2) is fully renovated with all-new vinyl plank flooring and new bathrooms. Units 1 and 2 feature beautiful, durable terrazzo floors. Ideal for the investor seeking immediate cash flow with room to grow, or the savvy buyer who wants to live in the updated 3/2 unit while three rentals help cover the mortgage. Private storage for every tenant, coin laundry on-site, and a coastal location that keeps demand strong year-round. Don't miss this one.
Property Details
Property Features Property Features
MLS ID: MFRNS1088114 Year Built: 1968
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer Construction Materials: Block
Cooling: Central Air Country: US
County Or Parish: Volusia Exterior Features: Balcony, French Doors, Hurricane Shutters, Private Entrance, Storage
Financial Data Source: Owner Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Terrazzo
Foundation Details: Block Furnished: Unfurnished
Heating: Central Laundry Features: Common Area
Lease Term: Twelve Months Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, FHA
Occupant Type: Tenant Other Equipment: Irrigation Equipment, Private Entrance
Possession: Close Of Escrow Property Condition: Completed
Property Sub Type: Quadruplex Property Type: Residential Income
Road Surface Type: Paved Roof: Shingle
Sewer: Public Sewer Showing Requirements: 24 Hour Notice, Appointment Only, ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Tenant Pays: Electricity
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Sprinkler Well, Water Connected Water Source: Public
Window Features: Double Pane Windows
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