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1018 Cutters Way 8,331 SF Flex Building Daytona Beach, FL 32119 $790,000 ($94.83/SF) 11% Cap Rate
Investment Highlights
- 16 UNITS
- Cabinet Shop
- 2 APARTMENTS
Executive Summary
Storage Facility. {16 units} with 2 apartments 1 efficiency, 1 - 3 bedroom. Fully remodeled , Granite, New appliances , New AC, New Water Heaters, Metal Roof, New Bathrooms (exterior) and a Cabinet Making Shop. Owner will finance. Permanent tenant. ZONING BHC Business Heavy Commercial.
$7650 + / month income at full capacity.
***TURN KEY OPERATION WITH OWNER FINANCING!***
$7650 + / month income at full capacity.
***TURN KEY OPERATION WITH OWNER FINANCING!***
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$96,000
|
$11.52
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$96,000
|
$11.52
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$5,400
|
$0.65
|
| Net Operating Income |
$90,600
|
$10.88
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $96,000 |
| Annual Per SF | $11.52 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $96,000 |
| Annual Per SF | $11.52 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $5,400 |
| Annual Per SF | $0.65 |
| Net Operating Income | |
|---|---|
| Annual | $90,600 |
| Annual Per SF | $10.88 |
Property Facts
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Property Taxes
| Parcel Number | 5344-16-00-1385 | Improvements Assessment | $277,518 (2026) |
| Land Assessment | $42,840 (2026) | Total Assessment | $320,358 (2026) |
Property Taxes
Parcel Number
5344-16-00-1385
Land Assessment
$42,840 (2026)
Improvements Assessment
$277,518 (2026)
Total Assessment
$320,358 (2026)
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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Presented by
Ray Joy Realty LLC
1018 Cutters Way
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