Description

416 Banana Cay Drive #D, South Daytona BeachCompletely 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.