Daytona Beach Condo Under Assesed Value
Daytona Beach Condo Under Assesed Value
1 bed
1 bath
630 sq ft
Built in 1986
Condominium
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Quality of Comparables
18
/20
Location of Neighborhood
15/20
Quality of Floor Plan
17/20
Placement in Neighborhood
9/10
Property Details
Located in the red-hot market of Daytona Beach is this 1-bedroom, 1-bathroom condo. For starters, this is the lowest-priced condo in this community in the last three years. It is also priced almost 30k below the county-assessed value, offering immediate equity. This is a rare investment opportunity.
In order to maximize returns, we recommend updates to the flooring, kitchen, and bathroom. Strong comparables support our after-repair value (ARV) of $127,000, and similar-sized units are rented for over $1,300 per month. This makes it an appealing asset for both new and seasoned investors looking for a quick flip or a solid rental with equity. Don't miss out on this opportunity. Contact your EquityPro Advisor today.