1 month on rocket

Sale Pending

547 Division St, Daytona Beach, FL, 32114

$100,000

Home List Price

$1,188*

Closing Credit

3 Bedrooms
2 Full Baths
1,066 SqFt
$94/SqFt
House

Location

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547 Division St, Daytona Beach$100,000

Buyer Closing Credits

$1,188*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, Carport
Year Built1929
HeatingNone, Central, Electric
CoolingNone
MLS #1201964
Lot Size0.11 Acres
StatusSale Pending
(Pending)

About 547 Division St

Investor Alert! Consider this fix-and-flip or fix-and-hold opportunity, yielding 2,052/month as per HUD (Section 8) for a single-family residence. With Section 8, expect a 15 percent annual increase in rental income. A three-bedroom, two-bathroom house in Daytona Beach presents an excellent rehab prospect. Offered at 93.81/sq ft, the property's estimated ARV post-renovation stands at 225,000. It requires a new roof (see attached estimate) and has an encroachment issue (see attached survey). Estimated repairs are 40,000, with a total investment of 140,000, leading to 85,000 of instant equity. Terms are cash only, and the encroachment will remain. Anticipate a 10 cap rate on your investment or opt for refinancing and cash out. A single-family home in Daytona Beach offers a 10 cap rate with a sales price of only 100. You have the option to fix and hold or fix and flip, potentially realizing an immediate equity of 85.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1929
  • Living Area: 1,066 SqFt

Listing Office:

  • Office Name: One Key Realty
  • Office Phone: (305) 525-8947
  • Listing Agent: Michael Aversano

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Attached Carport, Carport

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: None, Central, Electric
  • Cooling: None

Other

Directions Information:

  • Directions: From International Drive head towards Martin Luther King Jr. Blvd to turn right or south, then turn left onto Cedar ST then turn left onto Division St and the home is on your right, second house in from the corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $100,000
  • Price Per SqFt: $94/SqFt

Tax Information:

  • Annual Amount: $469
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Daytona Beach, FL.

Med. Sold Price

$309.9K

Med. Price/SqFt

$210

Avg. Days On Market

103

# of Sold Homes

104

547 Division St vs Daytona Beach

40 DAYS ON ROCKET

-63 Days

$100,000

-$209.9K Less

$94/SqFt

-$116 Less

KEY TAKEAWAY

This property is $209.9K less than the Median Sold Price and $116/SqFt less than other homes in Daytona Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Daytona
  • MLS Number: #1201964

Listing Office:

  • Office Name: One Key Realty
  • Office Phone: (305) 525-8947
  • Listing Agent: Michael Aversano

IDXIDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright 2024 Daytona Beach Area Association of REALTORS Multiple Listing Services. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 12:16:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 12, 2001Home Sold
$26,000

Tax History

YEARPROP. TAXASSESSMENT
2020$469$27,990
2019$417$20,534
2018$388$18,667
2017$366$17,929

History based on county public records data.

Payment Calculator

$567

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-968942
2
/10
  • Turie T. Small Elementary School

  • 800 South St

  • 0.38 miles

  • Public District Grades PK-5

school-card-donut-968943
3
/10
  • South Daytona Elementary School

  • 600 Elizabeth Pl

  • 2.34 miles

  • Public District Grades PK-5

school-card-donut-968944
7
/10
  • R. J. Longstreet Elementary School

  • 2745 S Peninsula Dr

  • 2.72 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,000. Residents of Daytona Beach, FL typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 547 Division St

What is the listing price of this property?

The listing price of 547 Division St property is $100,000.

What type of property is this?

The property 547 Division St is a house located in Daytona Beach, Florida, 32114.

Is this property for sale now?

Sale Pending: 547 Division St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $469 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 12, 2001 for $26,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 547 Division St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 547 Division St is 1,066 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 547 Division St is 1929.

Rocket Homes›Florida›Volusia County›Daytona Beach›32114›547 Division St

This home is located at 547 Division St in Daytona Beach, FL and zip code 32114. This 1,066 square foot home, which was built in 1929, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $100,000.

While more than 7 listings in Daytona Beach, FL in November 2024 were sold above asking price, there were more than 15 listings sold at asking price, and more than 82 were sold below. In November 2024 in Daytona Beach, FL there were 0.4% less homes for sale than in October 2024. In November 2024, listings were on the market for 103 days. During the same period, the median list price in this real estate market was $309,986.

From Rocket Homes Real Estate and based on county public records data.

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