Description
Short Sale. The property has 3 buildings BUT is zoned for one, single-family usage. No exceptions per Volusia County. (If you are an investor, you cannot rent to more than one tenant at a time.) The property consists of three separate, smaller, modified, single-family buildings. They had been illegally rented to 3 tenants at a time for more than 20 years. The property is in disrepair. Once a Purchase Contract is Executed, negotiations with the Sellers Lender will require the Buyer to obtain a LICENSED GENERAL CONTRACTOR REPORT to be used for Lender review during the Short Sale negotiation. One of the buildings has a "caretaker in residence. Showing requires approval by the caretaker. Please call Showing Time. This property is an outstanding opportunity for demolition and construction of a 2 story, custom, single-family OCEAN VIEW residence. Make it yours and walk to the beach.
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2BEDS
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0.33ACRES
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1BATHS
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01/2 BATHS
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2,865SQFT
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$0$/SQFT
School Ratings & Info
Description
Short Sale. The property has 3 buildings BUT is zoned for one, single-family usage. No exceptions per Volusia County. (If you are an investor, you cannot rent to more than one tenant at a time.) The property consists of three separate, smaller, modified, single-family buildings. They had been illegally rented to 3 tenants at a time for more than 20 years. The property is in disrepair. Once a Purchase Contract is Executed, negotiations with the Sellers Lender will require the Buyer to obtain a LICENSED GENERAL CONTRACTOR REPORT to be used for Lender review during the Short Sale negotiation. One of the buildings has a "caretaker in residence. Showing requires approval by the caretaker. Please call Showing Time. This property is an outstanding opportunity for demolition and construction of a 2 story, custom, single-family OCEAN VIEW residence. Make it yours and walk to the beach.
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