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$575,000

Beds
1
Baths
1.0
sq ft
578

120 Atares Ave, Daytona Beach, FL 32118

120 Atares Ave

Daytona Beach Shores, FL 32118

  • 206 days on market
This well maintained home in an approved short term rental area with a proven income stream. Purchase now and develop later. This RMF-2 zoned property presents a prime opportunity for investors and developers. Ideal for prestigious condos, boutique hotels, or upscale residences, it's perfectly located near the Halifax River and Atlantic Ocean. Spanning 8 lots, it offers unparalleled potential with zoning allowing up to 19 units. A charming one-bedroom, one-bath home currently serves as a short-term rental, adding character without significant value impact.

Details

Property type

Single Family Residence

Est. home value

$358,721

Lot size

0.57 acres

Price per sq ft

$995

Year built

1956

Annual property taxes

$4,000

Price History

02/20/2024
Daytona

Daytona #1119963

Listed
$575,000
+447.62%
01/25/2012
StellarMLS

StellarMLS #V4629232

Sold
$105,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Commercial Bank Of Florida

Loan start date

January 2006

Original loan amount

$484,000

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

Not Provided

Seller

Kp Properties Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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116 Oceans Cir, Daytona Beach, FL 32118

Status: Active

Tomo last checked: 09/16/2024 at 3:55 PM

Listing updated: 08/29/2024 at 9:50 AM

Listed by: Timothy Kostidakis, RE/MAX Signature

MLS: Daytona #1119963

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