14 days on rocket

346 Clifton Ave, Daytona Beach, FL, 32117

$925,000

Home List Price

$10,000*

Closing Credit

14 Bedrooms
7 Baths
4,801 SqFt
$193/SqFt
Multi
Schools Nearby

Location

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346 Clifton Ave, Daytona Beach$925,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1955
HeatingElectric, Exhaust Fan
CoolingCentral Air, Wall/Window Unit(s)
MLS #O6202329
Lot Size0.29 Acres
StatusActive

About 346 Clifton Ave

Fantastic turkey investment property package of 3 properties, within 5 minutes of each other, 100% occupied with 16 tenants producing $14,077.00 gross monthly income listed at an 8.5% cap rate based on actual 2023 financials. An unheard of 9% cap rate based on 2024 financials so far this year. You may have heard the term house hack or PadSplit, these are fully furnished rentals, rented out individually by the room. All furnishings are included in the sale, and 45 days of management training included. The current owners have been doing this business model since 2011. It’s 100% turnkey, tenants are all on month by month leases for flexibility, however on average most tenants stay 12-18 months, some even longer All of the properties are in great shape and have no deferred maintenance. Properties included in the sale: Property #1: 6 bedroom 2 bath house, Property #2: 4 bedroom 1 bath house and detached studio apartment with full kitchen and bath. Property #3: 4 bedroom 2 bath house and attached studio apartment with full kitchen and bath. Full financials, property list, and additional details with signed non-disclosure agreements. A licensed Florida Real Estate Agent owns legal interest in the property.

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Living Area: 4,801 SqFt

Listing Office:

  • Office Name: 24/7 FLORIDA REALTY
  • Office Phone: (407) 777-2477
  • Listing Agent: Byron Hebert

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Luxury Vinyl, Tile
  • Interior: Ceiling Fans(s), Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments

Bedroom and Bathroom Information:

  • Total Bedroom Count: 14

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting

Virtual/3D Tour

  • Virtual Tour: 346 Clifton Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot, Level, Paved
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Electric, Exhaust Fan
  • Cooling: Central Air, Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Mainland High School, Public District Grades 9-12
  • Holly Hill School, Public District Grades KG-8

Other

Directions Information:

  • Directions: From I95 & LPGA, east on LPGA, South on Nova, East on 3rd, cross over Center, North on Clifton, house is on the left. Properties 2 and 3 are 5 minutes from first location.

Price Information

Listing Price Info

Price Summary:

  • List Price: $925,000
  • Price Per SqFt: $193/SqFt
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Housing Market Comparison

See how this home compares to others in Daytona Beach, FL.

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Daytona Beach, FL

City

Med. Sold Price

$297.5K

Med. Price/SqFt

$208

Avg. Days On Market

67

# of Sold Homes

93

346 Clifton Ave vs Daytona Beach

14 DAYS ON ROCKET

-53 Days

$925,000

+$627.4K More

$193/SqFt

-$16 Less

KEY TAKEAWAY

This property is $627.4K more than the Median Sold Price and $16/SqFt less than other homes in Daytona Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6202329

Listing Office:

  • Office Name: 24/7 FLORIDA REALTY
  • Office Phone: (407) 777-2477
  • Listing Agent: Byron Hebert

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/18/2024, 11:49:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$4,684

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,840

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-3570586
2
/10

  • Holly Hill School

  • 1500 Center Ave

  • 1.57 miles

  • Public District Grades KG-8

High School

school-card-donut-3570587
3
/10

  • Mainland High School

  • 1255 W Intl Spwy Blvd

  • 2.29 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,275. Most Daytona Beach, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Volusia County›Daytona Beach›32117›346 Clifton Ave

This home is located at 346 Clifton Ave in Daytona Beach, FL and zip code 32117. This 4,801 square foot home, which was built in 1955, sits on a 0.29 acre lot. Features: 14 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $925,000.

Daytona Beach, FL housing market in April 2024 saw over 11 listings sold above listed price, more than 13 sold at listed price and over 69 sold below. In April 2024 in Daytona Beach, FL there were 12.7% more homes for sale than in March 2024. In April 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $297,533.

From Rocket Homes Real Estate and based on county public records data.

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