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Zappi's Italian Garden restaurant and apart. 128 S Beach St 22 Unit Apartment Building $5,500,000 ($250,000/Unit) Daytona Beach, FL 32114
INVESTMENT HIGHLIGHTS
- Ground floor commercial includes a million dollar restaurant ready to open turn key.
EXECUTIVE SUMMARY
Recently dissolved the Condo documents to make this exemption from new condo assessments in order to make it easier for an investor, these can be put back and units can be sold separately
12 apartments, 10 commercial
Ground floor commercial includes a million dollar restaurant ready to open turn key.
2400sq.ft front facing commercial space not yet built out expand the existing restaurant add another 100’ sidewalk cafe, lounge brewery
Certified opportunity zone act 2017
5 Star rated building concrete, raised, hurricane windows and doors
2008 construction
Sprinklered
12 car indoor parking garage
Historic Downtown Daytona Beach
100's of millions being invested around this property
Smart New Yorkers looking to relocate your entire family tree this is your opportunity with so many tax benefits not to mention the weather.
Email me and arrange a FaceTime walk through.
This is worth the trip if you’re planning to move the family.
12 apartments, 10 commercial
Ground floor commercial includes a million dollar restaurant ready to open turn key.
2400sq.ft front facing commercial space not yet built out expand the existing restaurant add another 100’ sidewalk cafe, lounge brewery
Certified opportunity zone act 2017
5 Star rated building concrete, raised, hurricane windows and doors
2008 construction
Sprinklered
12 car indoor parking garage
Historic Downtown Daytona Beach
100's of millions being invested around this property
Smart New Yorkers looking to relocate your entire family tree this is your opportunity with so many tax benefits not to mention the weather.
Email me and arrange a FaceTime walk through.
This is worth the trip if you’re planning to move the family.
PROPERTY FACTS
| Price | $5,500,000 | Building Class | B |
| Price Per Unit | $250,000 | Lot Size | 0.67 AC |
| Sale Type | Investment | Building Size | 33,607 SF |
| Sale Condition | Bulk/Portfolio Sale | Average Occupancy | 100% |
| No. Units | 22 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2008 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RDD-1 - Opportunity zone 2017 act We have added apartment Hotel, Restaurant and liquor 4COP. Redevelopment District City | ||
| Price | $5,500,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.67 AC |
| Building Size | 33,607 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2008 |
| Opportunity Zone |
Yes |
| Zoning | RDD-1 - Opportunity zone 2017 act We have added apartment Hotel, Restaurant and liquor 4COP. Redevelopment District City |
AMENITIES
SITE AMENITIES
- Courtyard
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
1 1
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $886,001 | |
| Land Assessment | $104,149 | Total Assessment | $990,150 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$104,149
Improvements Assessment
$886,001
Total Assessment
$990,150
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Zappi's Italian Garden restaurant and apart. | 128 S Beach St
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