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1890 S Palmetto Avenue, South Daytona, FL 32119

$6,000,000

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Property Description

3 PARCELS 3 PROPERTIES: 76 bedroom 40 baths.Riverside at South Daytona presents a rare opportunity to acquire a fully repositioned, cash-flowing four-building multifamily portfolio in one of Florida's dynamic coastal markets. Located off South Palmetto Avenue in Daytona Beach, this exceptional asset sits within close proximity to the Halifax River corridor, offering residents a waterfront lifestyle with close access to Riverfront Veterans Memorial Park's boat ramps and other recreational amenities. Current ownership has executed a comprehensive capital improvement program that transformed the entire portfolio through exterior enhancements including new monument signage, refreshed paint, updated soffits and gutters, and complete interior renovations across all unit configurations delivering contemporary finishes that command premium rents. The property offers a well-balanced unit mix of one and two-bedroom apartments in a garden-style configuration.

1890 S Palmetto Avenue | MLS# 1228957

This commercial property located at 1890 S Palmetto Avenue, South Daytona, FL 32119 is currently listed for sale with an asking price of $6,000,000. Search South Daytona real estate on www.myhouseofwindsor.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.75 Acres
Taxes: $64,065
Year Built: 1973

Feature Descriptions

Days on Site: 4
Directions: From Beville Rd continue to S Palmetto Ave. North .6 Miles for 1160 Palm. and South .5 miles for 1180 Palm. Both West of road.
Exterior: Block, Concrete
Flooring: Tile, Vinyl
Lot: Other
Parcel #: 5344-16-00-0431
Parking: Unassigned
Property Attached Y/N: No
Property Sub-Type: Multi Family
SQFT Total: 33000
Units: 40

Listed By / Shown By

Listed By

Agency Name: FlatFee.com

Shown By

Agent Name: Hannah Windsor
Agent Phone: (904) 534-6790
Agency Title: Watson Realty Corp., REALTORS ®

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