509 N Central Ave Flagler Beach, FL, 32136
$ 549,900Bedrooms 8 Baths4.0 Sq 2,591
for $549,900 with 8 bedrooms and 4 full baths. This 2,591 square foot home was built in 1957 on a lot size of 100x100.
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.
Appliances Electric Stove Refrigerator
Flooring Carpet(s) Tile Flooring
Water Source City Water
Roof Shingle Roof
Miscellaneous* Excluded Features
Commercial Partially Fenced
Location Corner Lot
Utilities TV-Cable Water
View Ocean View
List By Re/Max Select Professionals
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Multi-family listings in Flagler Beach, FL
Average List Price $755,511
Percent of Sale Price 37 %
About Flagler Beach, FL
-3 % Since 2002
$ 50,261 Median Income
59.9 Median Age
13 % Households with Children
|2/21/2018||$549,900|| -8.33 %|| Price Down|
|1/5/2018||$599,900|| ||Listed Price|