538 Loomis Avenue, Daytona Beach, FL 32114
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Priced at Only: $349,900
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Address: 538 Loomis Avenue, Daytona Beach, FL 32114
Property Location and Similar Properties
- MLS#: O6375014 ( ResidentialIncome )
- Street Address: 538 Loomis Avenue
- Viewed: 1
- Price: $349,900
- Price sqft: $133
- Waterfront: No
- Year Built: 1928
- Bldg sqft: 2630
- Bedrooms: 6
- Total Baths: 3
- Additional Information
- Geolocation: 29.2018 / -81.0229
- County: VOLUSIA
- City: Daytona Beach
- Zipcode: 32114
- Subdivision: Daytona W 02/3 Lt 06 Blk 26
- Provided by: PROPERTY LOGIC RE
- DMCA Notice
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DescriptionIncome Producing Triplex SELLER FINANCING AVAILABLE. Discover a strong cash flowing investment opportunity with this well maintained triplex in the heart of Daytona Beach. Consisting of two buildings with three separate units, this property is a proven income producer, currently generating $40,800 in annual rental income, with upside potential through rent increases or value add improvements. Each unit is individually metered for electric and water, minimizing owner expenses and maximizing operational efficiency. The property also includes an additional fenced lot, providing flexibility for future development, storage, or added amenities. The roof was replaced in 2017, offering peace of mind and reduced near term capital expenses. Ideally located just minutes from shopping, dining, entertainment, and the world famous Daytona Beach, this property blends the appeal of coastal living with the fundamentals of a solid investment. Whether youre a seasoned investor looking to expand your portfolio or a buyer entering the multifamily market, this is a rare opportunity in a prime location. Seller financing available to approved buyer with down payment.
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- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
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Features
Building and Construction
- Basement: CrawlSpace
- Covered Spaces: 0.00
- Exterior Features: Fence
- Living Area: 2304.00
- Roof: Shingle
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Ductless, WallWindowUnits, CeilingFans
- Heating: WindowUnit, WallFurnace
- Sewer: PublicSewer
- Utilities: MunicipalUtilities
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2025
- Trash Expense: 0.00
Rental Information
- Tenant Pays: Electricity, Water
Other Features
- Appliances: Microwave, Range, Refrigerator
- Country: US
- Interior Features: CeilingFans
- Legal Description: LOTS 1 & 2 BLK 1 SUB W 2/3 OF LOT 6 BLK 26 DAYTONA MB 4 PG 20 MB 16 PG 77 PER OR 5011 PG 2388 PER OR 7448 PG 0364 PER OR 7551 PG 4145 PER OR 7763 PG 2131
- Levels: Two
- Area Major: 32114 - Daytona Beach
- Occupant Type: Tenant
- Parcel Number: 5339-39-01-0010
- The Range: 0.00
- Zoning Code: RESI
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Nearby Subdivisions
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