Income Producing Office Condo
SOLD August 2020 for $297,000
305 Clyde Morris Boulevard Unit 100, Ormond Beach, Florida 32174
| Building Size | 1,800 Square Feet |
| Zoning | B-10 |
| Year Built | 2003 |
| Cap Rate | 8.3% |
Small Investor Offering - 1,800 SF Office Condo.
- Long term tenant since 2008.
- New lease expires August 31, 2023.
- $36,842.24 Annual Rent plus increases. $25,984.64 net rent after expenses. 8.3% Cap Rate.
- Condo Association handles all building and grounds maintenance.
- HVAC replaced in 2017.
- Building and Monument Signage.
- Great to add to your investment portfolio!
LOCATION OVERVIEW
Located on the southeast corner of Clyde Morris Boulevard and Hand Avenue. Approximately 2.4 miles to AdventHealth Daytona Beach, 2.3 miles to Interstate 95, and 5.6 miles to Halifax Health Medical Center.
Agent
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Office Phone: (386) 301-4580Mobile: (386) 295-5723Fax: (386) 206-1735
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.