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413 Vermont Ave 4 Unit Apartment Building $699,000 ($174,750/Unit) Daytona Beach, FL 32118
INVESTMENT HIGHLIGHTS
- 4 rental units plus 1 car garage that could possibly be converted to a 5th efficiency unit or lease as a garage for additional income
EXECUTIVE SUMMARY
This 4 unit income property is just 2 blocks from the beach. 4 rental units plus 1 car garage that could possibly be converted to a 5th efficiency unit or lease as a garage for additional income. Total gross monthly rental income is $5,600. Tenants pay their own power (4 power meters). Landlord pays the water bill of approximately $350 per month (1 water meter). One of the tenants does basic lawn maintenance. The seller may consider holding a private mortgage with 50% down and acceptable terms.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $1,100 | - |
| 2+1 | 2 | $1,250 | - |
| 4+1 | 1 | $2,000 | - |
1 1
PROPERTY TAXES
| Parcel Number | 5309-13-01-0090 | Total Assessment | $476,011 |
| Land Assessment | $150,012 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $325,999 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
5309-13-01-0090
Land Assessment
$150,012
Improvements Assessment
$325,999
Total Assessment
$476,011
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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413 Vermont Ave
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