Daytona Beach Property For Sale

Ideal investment! Lease is in effect until September 2013, then the lease can be renegotiated. The current tenant has made really nice renovations to property. DO NOT DISTURB tenant, nor cutsomers. Cap rate of 5.34%. Â?LOCATIONS! LOCATION!! LOCATION!!! 126 S Atlantic is situated in the best location on the beach sideÂ?directly on A1A in the heart of the tourism district. This property is within walking distance to convention centers, hotels, amusement parks, taverns, performance halls, shopping centers, a movie theater, water parks, the boardwalk, fine restaurants, and of course the beach. It also has frontage on Coates Street with a private parking lot in the rear. Heavy tourist traffic flows to property from three major roads: Main Street, International Speedway Blvd, and A1A. For a better investment opportunity, this property can be acquired in conjunction with 128 S Atlantic and 132 S Atlantic which provides even greater frontage on South Atlantic Avenue. The seller is willing to hold a purchase money mortgage for a negotiable amount, for a negotiable term and negotiable APR.Â? - 520907