About 23 S Hollywood Avenue
Presenting a prime investment opportunity, this beachside multifamily property comprises 14 units. With a desirable Daytona Beach location and a history of high occupancy, this property offers stability and potential for a prospective investor. Recent upgrades include new roofs installed in 2020 and 2021 across all 3 buildings, ensuring low maintenance costs. Additionally, all tenants are current on their rent, eliminating accounts receivable concerns. This low-rise/garden-style property represents a lucrative and attractive investment with a strong historical performance and significant potential for future growth. New roofs in 2020 & 2021 for all 3 buildings. All tenants are current on their rent (no accounts receivable). Unit mix includes: 5 studios, 3 (one bedrooms), 4 (two bedrooms), and 1 (3 bedroom).
Features of 23 S Hollywood Avenue
| MLS® # | 1215036 |
|---|---|
| Price | $1,850,000 |
| Acres | 0.15 |
| Year Built | 1939 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 23 S Hollywood Avenue |
|---|---|
| Area | 14 - Daytona Peninsula S of Seabreeze |
| Subdivision | Rogers Seabreeze |
| City | Daytona Beach |
| County | Volusia |
| State | FL |
| Zip Code | 32118 |
Amenities
| Parking | Other |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Other |
|---|
Listing Details
| Office | SVN Alliance Commercial Real Estate Advisors |
|---|