321 Clifton Avenue, Holly Hill, FL 32117
- $3,200,000
- 44
- BD
- 27
- BA
- 21,980
- SqFt
- Sold Price
- $3,200,000
- List Price
- $3,200,000
- Status
- Sold
- Days on Market
- 19
- Closing Date
- May 16, 2024
- MLS#
- R4907510
- Property Style
- Multi-Family
- Year Built
- 1974
- Bedrooms
- 44
- Bathrooms
- 27
- Living Area
- 21,980
- Lot Size
- 40,158
- Acres
- 0.92
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Fitch Thomas Grant
- MLS Area Major
- Daytona Beach
Property Description
Oakwood is roughly 2 miles from the beach and is composed of 18 two bedroom one baths (900+/- SF), 8 one bedroom one baths (720+/- SF), and one 450+/- SF studio. While in place rents for the 1/1s are $1,059 per month, $1,150 has been achieved on recent leases and comps show $1,200 is the next target. The 2/1s are averaging in place $1,205/month, with recent leases at $1,275/month and a newly advertised rent of $1,299/month. The overall in place average rent is $1,156/month with the target market rent at $1,253/month. The flat roof was replaced 2015+/- and the mansard shingle portion was replaced in 2023. As with Sprucewood, almost $5,000/unit has been spent on capx, including shingles, HVAC units, water heaters, appliances, cabinets, countertops, flooring, and converting a storage room to the studio unit. Seller has another offering of 20 units available. See MLS #R4907511
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Additional Information
- Taxes
- $34304
- Community Features
- No Deed Restriction
- Zoning
- R-2
- Interior Layout
- Other
- Interior Features
- Other
- Utilities
- Other
- Heating
- Other
- Air Conditioning
- Other
- Exterior Construction
- Concrete
- Exterior Features
- Other
- Roof
- Built-Up, Shingle
- Foundation
- Other
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 424240050020
- Legal Description
- N 206.93 FT OF S 390.20 FT MEAS ON W/L OF LOT 5 E OF CLIFTON ST HOPKINS MAP FITCH GRANT PER OR 4577 PG 1213 PER OR 6763 PG 3085 PER OR 7233 PG 2764 PER OR 7553 PG 619 PER OR 8201 PG 4341
Listing courtesy of BRG REALTY VENTURES.
Selling Office: BRG REALTY VENTURES.Mortgage Calculator
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