$399,000
Active · 28 days on market · MLS# MFRO6419103
| Bedrooms | 8 |
|---|---|
| Living area | 2,540 sq ft |
| Lot size | 0.17 acres |
| Year built | 1908 |
| Property type | Quadruplex |
| Garage spaces | 1 |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $6,683 |
| County | Volusia |
Rare beachside income opportunity — just 2 blocks from the ocean! This well-performing 4-unit investment property will potentially deliver $5,600/month or more in gross rental income with an expense structure that puts more money in your pocket: all four tenants pay their own power (4 separate meters), keeping landlord overhead to approximately $350/month in water costs. A detached 1-car garage offers serious upside — convert it to a 5th efficiency unit, expand the current unit immediately next door, or lease it as-is for additional cash flow. One tenant even handles basic lawn maintenance, making this a truly low-management asset. Whether you're a seasoned investor or looking to house-hack near the beach, this property checks every box. This is an accessible deal that won't last long. Call today before it's too late! **Financials within this listing are Pro-Forma. 2 units are currently vacant. The two rear/garage units are currently leased Month-To-Month to long term tenants at below market rates of $900 and $1,050**
Listing courtesy of Matt White, SLOANE REALTY, LLC. Presented by MC Homes Realty Inc · 727432218.