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About this home
1216 Kennedy Rd is a 1974-built home in Mason & Carswells Holly Hil, Daytona Beach. Listed at $2,295,000 (about $116/sqft), 182 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Welcome to Kennedy Garden Apartments, a 20-unit apartment building in Daytona Beach, FL. This meticulously maintained building offers a lucrative investment with strong rental potential and a desirable unit mix. Each of the 20 units features two bedrooms and one bathroom, offering approximately 900 square feet of living space. The roof of the building was replaced in 2019, ensuring structural integrity and providing peace of mind for both residents and property owners. There is an on-site leasing office that streamlines tenant interactions, leasing processes, and property management, enhancing the building's operational efficiency. Tenants are responsible for their electricity bills, while the landlord covers water and sewer expenses. With a fully occupied building and competitive rental rates, this property offers a consistent and reliable income stream for investors.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Sample: 61 closed home sales in 32117 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$2,295,000
$116 per sq ft
Size
19,854 sq ft
Time on market
182 days
Year built
1974
Monthly payment
About $15,141/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $24,295 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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