3
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$1,450,000
Est. payment /mo
4,016 SqFt
Active
3065 Florida 40 Ormond Beach, FL 32174
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,016 sqft
Price per Sqft $361
MLS Listing ID 1226350
Property Sub-Type Retail
Source Daytona Beach Area Association of REALTORS®
Property Description
Ormond Beach Income Property - Fully Leased
5 Acres on West Granada Blvd(SR40) - The Arboretum
Single Family Home - 2,000 SF - Wrap Around Porches
1 Year Lease - Rent is $2,400 Per Month
Commercial Lease - Effective 1/1/26 - 12/31/32
$8,400 Per Month - 3% Annual Increases
Tenant Responsible for Maintenance, Utilities and Liability Insurance
No Requirement For Property Insurance
Landlord Responsible for RE Tax($11,367)
Gross Rental Income = $129,600
Net Operating Income = $118,233
5 Acres on West Granada Blvd(SR40) - The Arboretum
Single Family Home - 2,000 SF - Wrap Around Porches
1 Year Lease - Rent is $2,400 Per Month
Commercial Lease - Effective 1/1/26 - 12/31/32
$8,400 Per Month - 3% Annual Increases
Tenant Responsible for Maintenance, Utilities and Liability Insurance
No Requirement For Property Insurance
Landlord Responsible for RE Tax($11,367)
Gross Rental Income = $129,600
Net Operating Income = $118,233
Location
State FL
County Volusia
Direction North Side of W SR40 Just West of Airport Road.
Exterior
Parking Features Other
Building
Lot Description Other
Others
Senior Community No
Tax ID 412900000056
Listed by SVN Alliance Commercial Real Estate Advisors
NEARBY SCHOOL & BUSINESS
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