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Balinese Cottages 600 Oakridge Blvd 6 Unit Apartment Building $1,050,000 ($175,000/Unit) 7.02% Cap Rate Daytona Beach, FL 32118
INVESTMENT HIGHLIGHTS
- Located in the heart of Daytona Beach's tourist zone, 400' from the ocean beach, 1 block from Daytona Bandshell, Ocean Walk, Bus terminal
- Two 1 BR / 1 BA, four studios. Full size kitchens in all units. Tile and vinyl plank flooring. Studios have peninsula counter/cabinet.
- Tasteful extensive renovation in 2016
EXECUTIVE SUMMARY
Update: Seller Financing may be available. Sale includes building & land, some furnishings, existing appliances. All units have 1 or 2 wall mount AC/heat pumps, full size refrigerator, stove, oven, microwave, glass showers, tile and vinyl plank flooring throughout.
Two 1BR/1BA, four Studios. 3312 gross SqFt, 3078 SqFt under AC. Property is very clean, and well maintained.
Two 1BR/1BA, four Studios. 3312 gross SqFt, 3078 SqFt under AC. Property is very clean, and well maintained.
FINANCIAL SUMMARY (PRO FORMA - 2024) 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 - 2024) 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
AMENITIES
UNIT AMENITIES
- Kitchen
- High Speed Internet Access
- Patio
SITE AMENITIES
- Smoke Free
- Wi-Fi
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 5305-01-38-0170 | Total Assessment | $392,087 (2025) |
| Land Assessment | $180,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $212,087 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
5305-01-38-0170
Land Assessment
$180,000 (2025)
Improvements Assessment
$212,087 (2025)
Total Assessment
$392,087 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Balinese Cottages | 600 Oakridge Blvd
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