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Turnkey Multi-Unit Property Fully Remodeled, Fully Upgraded, Fully Income-Ready All units are on separate metered utilities 434, 436 & 438 Vermont Ave, Daytona Property use is 0800 - MFR < 10 Units A rare opportunity awaits with this high-performing, fully modernized three-unit property—featuring two spacious updated duplex units and a fully finished garage apartment. Every major system, structural element, and interior finish has been upgraded between 2023–2025, giving investors and owner-occupants an unmatched level of confidence and long-term value. Excellent Fireworks and Ocean views from multiple decks. . . unlike no other! Unit Breakdown Unit 436: 2 Bedrooms • 1 Bathroom Unit 438: 2 Bedrooms • 1 Bathroom Unit 434 (Garage Apartment): 1 Bedroom • 1 Bathroom Each unit features private entrances, updated interiors, and modern mechanical systems, making them ideal for long-term tenants, short-term rentals, or multi-generational living. Major System & Mechanical Upgrades 2025 all-new vinyl impact windows in Units 436 & 438 Auxiliary power unit plugs tied into the main electrical panel for storm/emergency power use AC with heat pump (2020) All-new ductwork in Units 436 & 438 New mini-split system in Unit 434 Tankless water heaters installed in Units 434, 436 & 438 Cast iron pipes replaced in Units 436 & 438 (including supply lines) New sewer line to the street with clean-outs Combo washer/dryer units in Units 436 & 438 Keyless code entry locks on every unit Interior & Appliance Upgrades Fully remodeled kitchens in Units 436 & 438 New gas stoves, garbage disposals & refrigerators in Units 436 & 438 New dishwasher in Unit 436 New refrigerator in Unit 434 New dishwasher previously installed in Unit 438 Fresh interior finishes across all units Exterior & Structural Improvements 2023 rebuilt decks New soffit and fascia on all units All-new vinyl privacy fencing with 5 access gates Garage converted to a fully finished apartment (Unit 434) Property Highlights Three income-producing units on one property Modern interiors throughout Completely updated systems for low maintenance Strong long-term and short-term rental appeal Minutes from Daytona beaches, colleges, shopping, and major highways Ideal for investors, owner-occupants, or multi-generational setups A Truly Turnkey, High-Yield Investment With nearly every major feature replaced or upgraded—windows, plumbing, HVAC, electrical enhancements, kitchens, appliances, fencing, decking, and more—434, 436 & 438 Vermont Ave offers unparalleled value in today’s market. 3 updated units. Extensive 2023–2025 improvements. Maximum versatility. Exceptional rental potential. This is a rare opportunity you won’t find anywhere else in Daytona.
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Our Executive Mortgage Banker:
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$850,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $680,000 | $680,000 | $680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.361% | 6.183% |
| Monthly Tax Payment | $556 | $556 | $556 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,077 | $4,187 | $5,738 |
| Total Monthly Payment | $4,725 | $4,835 | $6,386 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.