$315,000
Off Market

998 Bellevue

Daytona, FL 32114
Browse 18 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

We have the honor to present to you: In the City, 3 Parcels in total. 2.16 Acres. See Drawings to build attached reflecting 15.13% PLUS CAP Rate, potential construction of a 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 $3,986,600.00 million, and potential property value after construction over 9.3 million and up. This are estimated, and value will change according to market conditions. Huge upside potential.

  • Property Details
      • Lot DescriptionCity Location, 2 To Less Than 3 Acre Lot, No Misc/Improvements
      • ViewCanal View
    • Measurements
      • Acres2.16
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesNo Utilities, Electricity Available, Sewer Available, Water Available
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • SubdivisionDAYTONA
    • Location
      • CountyVolusia County
  • Other
      • MLS #A11241368

Location

Mateo UsugaReal Estate Group