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$549,900 For Sale

509 N Central Ave
Flagler Beach, FL 32136

Multi Family Home - MLS# 234850
Property Photo
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Description

Investment Opportunity in Paradise! Situated on an oversize 100x100 lot just one block off the beach in downtown Flager Beach. Building offers 4 units with 2 bedroom 1 bath each some with decks and ocean views. Owner has storage in the two single car garages which could also be rented out. Large fenced in yard. All 4 units are currently rented on 1 year leases cap rate is 7%-8% and could be higher with some updates and utilization of garage and oversize lot . Flagler Beach is a quaint beach side community with great walk-ability, lots of unique shops and restaurants, fishing pier, great beaches and surfing. Located just 30 minutes to Daytona less than an hour to Jacksonville and an hour from Orlando.

Features

  • Appliances: Electric Stove, Refrigerator
  • Baths: 4
  • Bedrooms: 8
  • Construction: Block
  • County/Area: Flagler County
  • Exterior Features: Partially Fenced
  • Floors: Carpet, Tile
  • Frontage: Ocean View
  • Full Baths: 4
  • Listing Status: Active
  • Location: Corner
  • Lot Dimensions: 100x100
  • Neighborhood: Not Assigned
  • Property SqFt: 20000
  • Property Type: Multi Family Home
  • Roof: Shingle
  • Sq.Ft.: 2591
  • Stories: Two
  • Sub Type: Multi Unit
  • Subdivision: Gold Coast
  • Subdivision/Neighborhood: Gold Coast
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water: City
  • Year Built: 1957
  • Zip Code: 32136

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Tracy Callahan-Hennessey | 386-233-4875 | Contact Me
250 Palm Coast Parkway NE Unit 407 - Palm Coast, FL 32137


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