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1400 S Nova Rd
Daytona Beach, FL 32114
Nova 1400 · Multifamily Property For Sale · 275 Units

INVESTMENT HIGHLIGHTS

  • A Unique Single-Story Low-Density Concrete Block Gated Community Within Daytona Beach, FL
  • Luxury Grade Finish Upgrades to 100% of Units; Attractive Assumable Debt
  • Immediate Ability to Generate Almost $100,000 in Additional Revenue
  • Significant Property-Wide Capital Improvements of over $2.5 Million in Last Three Years
  • Value-Add Opportunity to Increase In-Place Rents Over $200 by Reducing Loss-to-Lease and Implementing Minor Strategic Upgrades
  • Some of the Largest Floor Plans in Submarket; Competitive Amenity Package with Ability to Add

PROPERTY FACTS

No. Units 275
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 45.00 AC
Building Size 244,100 SF
Average Occupancy 93%
No. Stories 1
Year Built 1967
Zoning PDG - Planned Development

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Wi-Fi
  • Dining Room
  • Window Coverings

SITE AMENITIES

  • 24 Hour Access
  • Clubhouse
  • Courtyard
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Pool
  • Property Manager on Site
  • Grill
  • Pet Play Area
  • Wi-Fi
  • Maintenance on site
  • Sundeck

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5340-05-20-0020
Land Assessment
$5,500,000
Improvements Assessment
$22,552,534
Total Assessment
$28,052,534
  • Listing ID: 29679157

  • Date on Market: 10/2/2023

  • Last Updated:

  • Address: 1400 S Nova Rd, Daytona Beach, FL 32114

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