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  5. 998 Bellevue Avenue
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Full details for Other For Sale in Daytona Beach, Florida

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Description

''Seller Financing Available if needed to facilitate purchase''. 3 Parcels in total. 2.16 Acres. See Drawings to build attached reflecting a potential 14.71% CAP Rate, 36 Residential apartments. Can also build condominiums, or 36 Residential apartments with 2 bedrooms 2 bathrooms each unit (Est. Rent $1,850 Per Unit), with 94 Parking spaces. These 3 lots are located facing: (Lot 1 Bellevue St., Lot 2 Jean St. and Lot 3 South Caroline St.). Estimated cost to build the building it's around $4.7 million, and potential property value after construction over 9.4 million and up. This are estimated, and value will change according to market conditions. Huge upside potential. Back to listing
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