Don't miss this GREAT INVESTMENT opportunity in a booming area. This offer includes 4 buildable MULTIFAMILY sites. A duplex on each site would be a total of 8 rental property incomes. With current rent values at an all time high, this is the chance to have your property create tremendous return on your investment for many years to come. These properties are being offered as a complete pkg. Potential building plans are available for review upon request. This property includes 1 multifamily site on India Palm Drive and 3 multifamily lots on Fern Palm, each priced at $42500. All locations are close to major shopping center, local eateries, the beaches, local schools and the new Whistle Stop Park.Approved Plans and Specs available for building 3/2 each side duplex units. With all four sites one could build a total of 8 dwellings allowing for superior rental income of approx. $1200 per month or $14400 per unit per yr and gross income for all 8 units would be $115,200 annual income.
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Information Courtesy of Daytona Beach Area Association of REALTORS® Multiple Listing Service
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