Additional Details

• Ideal Investment Strategy: Short-Term Rental (e.g. Air BnB, etc )
• Potential ARV: $180,000-$200,000
• Estimated Rehab: $0-$7,000
• Projected Air Bnb Annual Income: $3,568/Month
• Occupancy: Vacant on Lockbox
• Comp 1: 2700 N Atlantic Ave Unit 1408, Daytona Beach, FL 32118 -- 1/1/339 sq ft -- SOLD $225k DEC 2022 -- (Clean with Updates)
• Comp 2: 2700 N Atlantic Ave Unit 424, Daytona Beach, FL 32118 -- 1/1/308 sq ft -- SOLD $177k MAR 2023 -- (Clean with Updates)
• Comp 3: 2700 N Atlantic Ave Unit 1406, Daytona Beach, FL 32118 -- 1/1/339 sq ft -- PENDING $195k -- (Clean)
• Rehab Description: For a rental or a flip, this property only requires deep clean. For a short-term rental, cosmetic updates are optional. The property is already in excellent rental condition AS-IS, fully furnished and updated condo.
• Features: ($2,176 sea wall assessment paid in full!) NEWLY REMODELED, FULLY FURNISHED, Studio Unit with views of the ocean from the balcony, that's ready for it's new owners! If you're looking for a condo that you can use as a personal vacation spot, live in year-round, and/or rent it out when you're not using it, look no further! The Daytona Beach Resort (DBR) is equipped with top-notch amenities including a fitness center, an on-site restaurant, 2 outdoor pools, a kid's pool with waterfall features, an indoor heated pool, an ocean front tiki bar, 2 jacuzzis, a sauna, and a firepit! Unit 706 already has AirBnB reservations in place that are transferable to the new owners, making it an income producing property immediately! The DBR is conveniently located across the street from a Walgreens, Publix grocery store, several retail shops, and restaurant!
• Important Details: --> Projected Air Bnb Revenue of $42,820 annually! (airbtics.com) --> Reservations already in place! (Transferable) --> Vacant On Lockbox --> COA Community @ $680/mo covers: Building Insurance, Cable/Satellite, Common Area, Electric, Exterior Paint, Internet, Pest Control, Pool, Roof, Sewer, Trash, Water
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab