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1219 Ruger PL Daytona Beach, FL 32118

6 Beds

6 Baths

3,606 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,606 sqft

Price per Sqft $180

MLS Listing ID 1232671

Bedrooms 6

Full Baths 4

Half Baths 2

HOA Y/N No

Year Built 1904

Annual Tax Amount $6,537

Acres 0.22

Lot Dimensions 70.0 ft x 140.0 ft

Property Sub-Type Multi Family

Source Daytona Beach Area Association of REALTORS®

Property Description

1217-1221 Ruger Place in Daytona Beach presents an attractive opportunity to acquire a renovated three-unit apartment property with strong market-rent potential and additional value-add opportunities. The property enjoys a desirable beachside location, just a stones-throw away from prime Daytona Beach and the serene Atlantic Ocean, retail, restaurants, entertainment, & several of Daytona Beach's, principal employment and tourism destinations.
The property consists of two spacious front units-Units 1219 and 1221ach offering approximately 1,100 square feet with two bedrooms and
one-and-a-half bathrooms. Both units have been renovated and feature updated electrical subpanels. Their central HVAC systems were replaced approximately four years ago. Each front unit has an estimated market rent of approximately $1,850 per month. Unit 1221 is currently occupied, while Unit 1219 is vacant and available for lease. The detached rear unit, identified as Unit 1217, contains approximately 700 square feet with two bedrooms and two bathrooms. This unit has been partially renovated with upgraded flooring and is equipped with two mini-split HVAC systems-one in the living room and another in the primary bedroom. The secondary bedroom is currently served by a portable air-conditioning unit. Unit 1217 is vacant and has an estimated market rent of approximately $1,750 per month.
At full occupancy and projected market rents, the property has the potential to generate approximately $5,450 in gross monthly rental income, equivalent to approximately $65,400 annually, before any potential laundry income.

Location

State FL

County Volusia

Area 13 - Beachside, N Of Dunlawton & S Silver

Direction South of Silver Beach Ave., West of S Atlantic Ave., East of S Peninsula Dr. Drive east on Silver Beach Ave and turn right on Ruger Pl.

Region Daytona Beach

City Region Daytona Beach

Interior

Heating Central

Cooling Central Air, Multi Units

Flooring Tile, Other

Appliance Washer, Refrigerator, Microwave, Gas Range, Gas Oven, Electric Range, Electric Oven, Dryer, Disposal, Dishwasher

Heat Source Central

Laundry Common Area

Exterior

Parking Features Garage, Shared Driveway

Garage Spaces 1.0

Fence Wood

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Shingle,Other

Total Parking Spaces 1

Garage Yes

Building

Lot Description Other

Story 1

Structure Type Stucco

New Construction No

Schools

Elementary Schools R J Longstreet

Middle Schools Campbell

High Schools Mainland

Others

Tax ID 5309-38-02-0060

Ownership Shemot Tevet Llc

Acceptable Financing Other

Listing Terms Other

Special Listing Condition Standard

Listed by Listing Reciprocal • Nonmember office

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NEARBY SCHOOLS & PROPERTIES

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+1(407) 358-6996

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