Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
480 Reed Canal Road, South Daytona, FL 32119
  • MLS#: 1210441 ( Residential Income )
  • Street Address: 480 Reed Canal Road
  • Viewed: 2
  • Price: $3,095,000
  • Price sqft: $137
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 22528
  • Bedrooms: 44
  • Total Baths: 44
  • Full Baths: 22
  • 1/2 Baths: 22
  • Additional Information
  • Geolocation: 29 / -81
  • County: VOLUSIA
  • City: South Daytona
  • Zipcode: 32119
  • Subdivision: Riverwood Village Condo
  • Provided by: Sun Pro Realty and Management LLC
  • Daytona Beach Area Association of REALTORS®
  • DMCA Notice
  • Description
    This 22 unit townhome portfolio in South Daytona is a rare chance to secure a high performing investment with strong cash flow and assumable financing for added flexibility. With high occupancy, individually deeded units, and modern upgrades, this portfolio is already producing solid returnswith even more potential to grow. Each townhome offers updated interiors, private patios, assigned parking, and access to a community pool, making them a favorite among renters. The area's strong rental demand and upward trending market rents create plenty of room to boost income and long term value. With assumable financing below current market rates in place, getting into this deal is even easier. Whether you plan to hold for passive income, push rents for higher returns, or sell units individually down the line, this portfolio offers multiple ways to win. Opportunities like this don't come around oftendon't let it pass you by.
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Features
Possible Terms
  1. Assumable
  2. Cash
  3. Conventional
Appliances
  1. Washer/Dryer Stacked
  2. Refrigerator
  3. Microwave
  4. Ice Maker
  5. Electric Range
  6. Disposal
  7. Dishwasher
Baths Full
  1. 22
Baths Half
  1. 22
Baths Total
  1. 44
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Fencing
  1. Fenced
  2. Vinyl
Flooring
  1. Carpet
  2. Tile
  3. Vinyl
Heating
  1. Central
  2. Electric
Levels
  1. Two
Lot Features
  1. Zero Lot Line
Owner Pays
  1. Association Fees
  2. Insurance
  3. Management
  4. Repairs
  5. Taxes
Parcel Number
  1. Multiple
Parking Features
  1. Assigned
  2. Guest
  3. Off Street
  4. Parking Lot
Property Type
  1. Residential Income
Road Frontage Type
  1. City Street
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Tenant Pays
  1. All Utilities
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Separate Electric Meters
  4. Separate Water Meters
  5. Sewer Connected
  6. Water Connected
Water Source
  1. Public
Year Built
  1. 1986
Liked Listings
Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177