415 VERMONT AVE, DAYTONA BEACH, FL, 32118
$429,000
Residential Income
|
Bedrooms
8
|
Bathrooms
4
|
Living Area
2,540 Sqft
|
Lot Size
7,500 Sqft
|
Rare beachside income opportunity — just 2 blocks from the ocean! This well-performing 4-unit investment property will potentially deliver $5,600/month or more in gross rental income with an expense structure that puts more money in your pocket: all four tenants pay their own power (4 separate meters), keeping landlord overhead to approximately $350/month in water costs. A detached 1-car garage offers serious upside — convert it to a 5th efficiency unit, expand the current unit immediately next door, or lease it as-is for additional cash flow. One tenant even handles basic lawn maintenance, making this a truly low-management asset. Whether you're a seasoned investor or looking to house-hack near the beach, this property checks every box. This is an accessible deal that won't last long. Call today before it's too late! **Financials within this listing are Pro-Forma. 2 units are currently vacant. The two rear/garage units are currently leased Month-To-Month to long term tenants at below market rates of $900 and $1,050**
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRO6419103 | Year Built: | 1908 | |
| Construction Materials: | Frame, Wood Siding | Cooling: | Central Air, Wall/Window Unit(s) | |
| Country: | US | County Or Parish: | Volusia | |
| Exterior Features: | Fence, Private Entrance, Private Mailbox, Private Yard, Sidewalk | Financial Data Source: | Owner | |
| Fireplace Features: | Wood Burning | Foundation Details: | Block, Slab | |
| Heating: | Central, Electric, Ductless | Laundry Features: | Common Area, Inside | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional | |
| Other Equipment: | Private Entrance, Private Yard | Property Sub Type: | Quadruplex | |
| Property Type: | Residential Income | Road Surface Type: | Asphalt | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | ShowingTime | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Tenant Pays: | Electricity | Utilities: | Public | |
| Water Source: | Public | |||
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