6 photos · click any image to enlarge. A walkthrough is available on request.
Rented at $1,400 a month on a lease running to 31 January 2027 — income from the day you close.
6 photos · click any image to enlarge. A walkthrough is available on request.
This is a cash-flow purchase rather than a flip. The unit is an 800-square-foot two-bedroom in a 1987 condominium building, already tenanted at $1,400 a month on a lease the seller states runs through 31 January 2027. On the published price that pencils to roughly a 10.2% capitalisation rate self-managed before any vacancy allowance.
The association fee is the number that decides this deal, so read it carefully: $4,668 a year, which the seller reports covers insurance, grounds and structural maintenance, pest control, water, sewer and trash. That is a broad bundle for a small unit and it takes several line items off your operating statement, but it is also a fixed cost you cannot reduce. The building sits close to Embry-Riddle, Daytona State and the airport, which is the tenant pool.
Ask and we will pull county sold comps and underwrite this deal with you before you offer.
Terms are typical for these opportunities — exact figures and title company confirmed with your offer.
No. These are off-market opportunities shared privately with our buyer network before they ever hit the open market — so you avoid bidding wars and retail competition.
Yes — walkthroughs are by appointment. Reach out and we'll coordinate access or share a walkthrough video where one is available.
A signed agreement, proof of funds, and an earnest-money deposit. Cash or hard-money / private financing moves fastest.
ARV and rehab figures on most listings come from the seller, and we label them that way rather than presenting them as our own analysis. Ask, and we will pull county sold comps and underwrite the deal with you before you make an offer. On some listings that work is already done.
As fast as title allows. Quick, clean closings are preferred and often part of securing the best price.
All figures (after-repair value, rehab estimates, rents, and spreads) are estimates provided for investor convenience and are not guaranteed. Buyers should perform their own due diligence and verify all numbers, condition, square footage, and zoning independently. Property offered for off-market sale; details subject to change or prior sale.