800 Atlantic AveDaytona Beach, FL 32118

This exceptional investment opportunity presents a portfolio of four oceanfront condos situated at 800 N Atlantic Ave, Daytona Beach, FL 32118, within the Daytona Beach Club. The 117-unit, six-story building boasts stunning ocean views from each of the four condos included in this sale. Priced at $799,000 ($199,750 per unit), this portfolio offers significant potential. Built in 1970, the building recently underwent major improvements, including a new roof (2023) and is currently undergoing renovations to the seawall, pool, and outdoor areas (completion expected Fall 2024). Short-term rentals are permitted, making this ideal for Airbnb or VRBO operations. Each condo offers covered parking access via two sets of elevators. While the units require some renovation, the potential rental income can offset renovation costs. The low monthly maintenance fee of $450 includes building insurance, water, cable, and garbage disposal. Owner financing is available for qualified buyers, making this an attractive proposition for investors seeking a beachfront property or those looking to occupy one unit while renting the others. This is a rare opportunity to acquire a portfolio of oceanfront condos in a desirable location with significant upside potential.