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331 S Palmetto Ave
Daytona Beach, FL 32114
Three Oaks Inn · Hospitality Property For Sale
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9,095 SF
Property Facts
| Property Type | Hospitality | Construction Status | Demolished |
| Property Subtype | Hotel | Building Size | 9,095 SF |
| Building Class | C | No. Stories | 3 |
| Lot Size | 0.23 AC | Year Built | 1920 |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.23 AC |
| Construction Status | Demolished |
| Building Size | 9,095 SF |
| No. Stories | 3 |
| Year Built | 1920 |
About 331 S PALMETTO AVE , DAYTONA BEACH, FL 32114
Long standing Daytona apartment house. The 40 room property has weekly and monthly rentals. Very steady income. Manager on site. Quality downtown location across from City Hall and close to the bus route. The main/front building has a new roof. There There are 40 total rooms with 27 standard rooms, 5 rooms with kitchenette, and 8 efficiency's with baths. There are 5 common baths. The current trending NOI for 2017 should produce about a 14% CAP rate. The current trending NOI for 2017 should produce about a 14% CAP rate. The sale includes the exterior renovation of the property including all new windows, insulation, hardi-board siding, new paint, and new roof on lower section.
Property Taxes
| Parcel Number | 5339-01-04-0031 | Improvements Assessment | $0 |
| Land Assessment | $54,450 | Total Assessment | $54,450 |
Property Taxes
Parcel Number
5339-01-04-0031
Land Assessment
$54,450
Improvements Assessment
$0
Total Assessment
$54,450
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