416 BANANA CAY DRIVE #D SOUTH DAYTONA, FL 32119
$142,500
2 Beds
2 Baths
922 sqft
MLS#
V4948260
Type
Condominium
Status
Active Listing
Square Footage
922
Bedrooms
2
Bathrooms
2 full
Year Built
1985
Tax Amount
$1,961
Property Description
416 Banana Cay Drive #D, South Daytona Beach Completely remodeled with exceptional craftsmanship, this corner, ground-floor unit offers one of the most upgraded interiors in the community. A thoughtful renovation opened the kitchen to the dining area, creating a modern floor plan unlike any comparable unit currently on the market. Over $25,000 in upgrades include all-new hurricane-impact windows and sliding glass door, solid plywood kitchen cabinetry, updated countertops, and a fully renovated bathroom featuring a walk-in shower, new toilet, vanity, and fixtures. This unit is truly move-in ready. Located outside of a flood zone and offering low-maintenance living, the property is ideal for downsizing—or “the new upsizing”—as well as a long-term investment. Rentals are permitted with a minimum lease term of six months; short-term rentals are not allowed. Projected income reflects an approximate 10% cap rate with an estimated value of $180,000. Cash or hard money only. Proof of funds is required prior to scheduling showings. HOA fee is $398/month and includes exterior maintenance, insurance, grounds maintenance, community pool, playground, trash service, and more. Conveniently located near the World’s Most Famous Beach. Buyer to verify all information.
Cooling:Central Air
Basketball Court
Playground
Sidewalk
Sliding Doors
Tennis Court(s)
Ceiling Fan(s)
per month
Principal & Interest
Property Tax
Mortage Insurance
HOA
Home Owners Insurance
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