416 N Peninsula Drive, Daytona Beach, FL 32118

$520,000
5
BD
4
BA
2,325
SqFt

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List Price
$520,000
Status
ACTIVE
Days on Market
3
MLS#
NS1089367
Subtype
Residential
Style
Two Story
Year Built
1918
Bedrooms
5
Bathrooms
4
Full Baths
4
Living Area
2,325
Lot Size
7,500
Acres
0.17
Subdivision
Plat/East Daytona
MLS Area Major
Daytona Beach/Holly Hill

Property Description

Income-producing opportunity in the heart of Daytona Beach! Situated in a desirable location between the intracoastal waterway and the ocean, this unique property offers a 3-bedroom, 2-bath primary residence PLUS a separate 2-bedroom, 2-bath apartment above the detached two-car garage, both currently rented and generating income. The property has been updated while maintaining the character and charm of the original 1918 home. The main residence features updated flooring, countertops, bathrooms, plumbing and HVAC, along with its own interior laundry space. The main residence is being offered furnished and was previously outfitted for use as a vacation rental, making it well positioned for continued rental use. The separate apartment above the garage features two bedrooms, two full bathrooms and its own dedicated laundry room, providing an additional independent living space. Both residences are currently operated as 30-day minimum rentals, providing an attractive opportunity for an investor, an owner looking to occupy one residence while renting the other, or those seeking a flexible multi-generational setup. A shared driveway offers plenty of parking, while the detached two-car garage and separate storage shed add even more functionality. Conveniently located between the intracoastal waterway and the ocean and just minutes from the beach, this property puts you close to everything Daytona Beach has to offer, including the riverfront, dining, shopping, entertainment and popular area attractions. Whether used as an investment property, vacation retreat or primary residence with additional rental income, the location offers exceptional access to the best of the Daytona Beach lifestyle. Some photos may be virtually staged to illustrate the potential use and layout of the space.

Additional Information

Interior Features
Ceiling Fans(s), Eat-in Kitchen, Window Treatments
Exterior Features
None
Financing
Cash, Conventional, FHA, VA Loan
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
02RP
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Heating
Electric
Air Conditioning
Central Air, Mini-Split Unit(s)
Exterior Construction
Block, Frame
Exterior Features
None
Stories
1
Levels
Two
Roof
Shingle
Foundation
Block
Garage
2 Car Garage
Garage Spaces
2

Listing courtesy of LOCAL LIVING REALTY GROUP. 386-314-5458

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