547 Division Street, Daytona Beach, FL 32114
- 3 beds |
- 2 baths |
- 1,066 sqft
Single-Family Home
Built in 1929
4,927sqft lot
—— car garage
$94/sqft
Listed 1 year ago
Property Description
Investor Alert! Consider this fix-and-flip or fix-and-hold opportunity, yielding 2,490/month as per HUD (Section 8) for a single-family residence. 3-bedroom, 2-bathroom house presents an excellent rehab prospect. Offered at 93.81/sq ft, the property's estimated ARV post-renovation stands at 200,000. It requires a new roof (see attached estimate) and has an encroachment issue (see attached survey). Estimated repairs are 40,000, with a total investment of 140,000, leading to 85,000 of instant equity. Terms are cash only, and the encroachment will remain. Anticipate a 10 cap rate on your investment or opt for refinancing and cash out. A single-family home in Daytona Beach offers a 10 cap rate with a sales price of only 100. You have the option to fix and hold or fix and flip, potentially realizing an immediate equity of 85.
- Listing Status:
- Active
- Date Added:
- September 23, 2025 at 05:00AM
- Listing Office:
- One Key Realty : 305-525-8947
- Listing Agent:
- Michael Aversano : 305-525-8947
- MLS ID:
- 1201964
- Style: Ranch
- Parking: Attached CarportCarport
- Roofing: Shingle
- General: 1Raised
- Road/Access: City Street
- Originating MLS: Daytona Beach Area Association of REALTORS®
- County: Volusia
- Zoning: S 25 FT OF LOT 18 & INC N 15 FT OF LOT 10 & N 23 FT OF LOT 11 BLK 5 SUB LOTS 4 & 5 BLK 27 DAYTONA MB 15 PG 133 PER OR 4922 PGS 2225-2226 PER OR 5549 PG 4421 PER OR 5609 PG 4051 PER OR 7777 PG 4793 PER OR 8265 PGS 0341-0402 INC PER OR 8308 PG 02295339-46-05-0181
- Current Use: Residential
- Utilities: Electricity AvailableNatural Gas AvailableNatural Gas ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected
- Water: Public
- Sewer: Public Sewer
- Source: Daytona Beach Area Association of REALTORS®
This listing courtesy of Michael Aversano, One Key Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Turie T. Small Elementary School
800 South St, Daytona Beach, FL, 32114
Grades PK-5
0.38 miles away
Campbell Middle School
625 S Keech St, Daytona Beach, FL, 32114
Grades 6-8
0.57 miles away
The Chiles Academy
868 George W Engram Blvd, Daytona Beach, FL, 32114
Grades 6-12
1.39 miles away