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$349,900

Est. payment - /mo

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6 Beds

3 Baths

2,304 SqFt

New

538 LOOMIS AVE Daytona Beach, FL 32114

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Tom McNamara

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,304 sqft

Price per Sqft $151

Subdivision Daytona W 02/3 Lt 06 Blk 26

MLS Listing ID O6375014

Bedrooms 6

HOA Y/N No

Year Built 1928

Annual Tax Amount $3,773

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 108x106

Property Sub-Type Triplex

Source Stellar MLS

Property Description

Income Producing Triplex - SELLER FINANCING AVAILABLE. 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 $40,800 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. Seller financing available to approved buyer with down payment.

Location

State FL

County Volusia

Community Daytona W 02/3 Lt 06 Blk 26

Area 32114 - Daytona Beach

Zoning RESI

Interior

Interior Features Ceiling Fans(s)

Heating Ductless

Cooling Mini-Split Unit(s), Wall/Window Unit(s)

Fireplace false

Appliance Microwave, Range, Refrigerator

Laundry Inside

Exterior

Exterior Feature Fence, Sidewalk

Utilities Available Public

Roof Type Shingle

Porch Front Porch

Garage false

Private Pool No

Building

Entry Level Two

Foundation Crawlspace

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Stucco,Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, Owner Financing

Listing Terms Cash, Conventional, FHA, Owner Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6375014

Listed by Alex Quezada PROPERTY LOGIC RE