607 N OCEAN SHORE BLVD Flagler Beach, FL 32136

$475,000
607 N OCEAN SHORE BLVD, Flagler Beach, FL 32136
N6102305

Multi-Family Home for sale in Flagler Beach, FL

for $475,000. This 1,836 square foot home was built in 1980 on a lot size of 0.10 Acre(s).

Property Information

  • $475,000
  • Multi-Family
  • 1,836 Square Feet
  • Taxes are $4,494
  • Active
  • Lot size of 0.10 Acre(s)
  • Built in 1980
  • Flagler Beach, FL
  • Flagler County
  • MLS/Web ID is N6102305

 Virtual Tour

Description

Excellent Income Property with an oceanview! Great Opportunity to increase revenue using Airbnb/VRBO. Property can generate $144K gross at $100 avg p/night with 80% occupancy. Rents will go as high as $300 p/night during Daytona Bike week. Potential to generate 12-15% net return on investment as a nightly rental. 5 separate electric meters for monthly rental. Tons of upside and appreciation potential. 40 minutes away from St. Johns county, the second wealthiest in the state. Don't miss this one! Easy access, currently 4 out of 5 units vacant.

Interior 2

Cooling System

  • Wall Unit(s)

Heating System

  • Wall Unit

Exterior 2

Construction

  • Wood Frame

Garage

  • None

Miscellaneous 1

View

  • Beach

† Excluded Feature

Listed By

Broker: REALPRO INC

607 N OCEAN SHORE BLVD, Flagler Beach, FL, 32136 is a Multi-Family Home for sale at $475,000 with 1,836 sqft and a lot size of 0.10 Acre(s). 607 N OCEAN SHORE BLVD has 0.0 baths and was built in 1980. The property's zip code is 32136 which is in Flagler Beach, FL

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Market Pricing

Average % of sale price Median % of sale price
All listings in Flagler Beach $404,758 15 % below $300,050 37 % below
Multi-family listings in Flagler Beach $755,511 59 % above $549,900 16 % above

Get the facts about Flagler Beach, FL!

Population 4,549
Population Growth (since 2000) -3 %
Median Income $50,261
Median Age 59.9
Households w/ Children 13 %

Residential Dwellings

  • Owned 1778
  • Vacant 883
  • Rented 606

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363