3635 Cardinal Blvd Daytona Beach Shores, FL 32118

This exceptional four-unit multifamily property, located at 3635 Cardinal Boulevard in Daytona Beach Shores, Florida, presents a unique investment opportunity. Boasting 6,800 square feet on a 10,497.96 square foot lot, this three-story, 1973-built concrete block building offers stunning ocean views, just a block from the beach and a short distance from the river. The property comprises four townhouse-style units, each featuring three balconies and a back patio, along with a first-floor garage. Three units are currently rented on long-term leases, while one unit is utilized for short-term rentals, a significant income stream advantage. Recent renovations have enhanced three of the units. The building benefits from a newer roof (2017) and updated air conditioning systems. A convenient on-site laundry room adds to the property's appeal. The asking price is $1,550,000. For owner-occupant buyers, a 5% downpayment loan option is available, making this prime beachfront property an attractive and accessible investment. This is a rare opportunity to acquire a multifamily property in a highly desirable location with significant rental income potential.