$3,499,999

Multi Family In Daytona Beach

  • 42 Beds
  • 42 Baths
  • 25,108 Sqft
  • 18,731 Sqft lot
  • Updated: Today
  • Source:
    Daytona Beach Area Association of REALTORS  MLS#1230309

About the Property

Turnkey 25-Unit Multifamily Investment - River Views . Introducing 732 N. Halifax Avenue, a fully completed 25-unit apartment building in Daytona Beach, FL -now available for purchase. Positioned just blocks from the beach and offering expansive views of the Halifax River and Atlantic Intracoastal Waterway system, this five-story building attracts strong tenant demand while requiring minimal maint
Turnkey 25-Unit Multifamily Investment - River Views . Introducing 732 N. Halifax Avenue, a fully completed 25-unit apartment building in Daytona Beach, FL -now available for purchase. Positioned just blocks from the beach and offering expansive views of the Halifax River and Atlantic Intracoastal Waterway system, this five-story building attracts strong tenant demand while requiring minimal maintenance. While not directly waterfront, many units benefit from attractive river vistas, which enhance long-term leasing potential. Key investment highlights: • 25 Units: Mix of 1- and 2-bedroom layouts, All units central AC, concrete block construction, 30 year roof installed 2012 no leaks, elevator 2012 piston replaced 2023 $65,000 good for 60-70 years, updated windows 2012, 20 of 25 units have outside balconies, seller owned washer & dryer 4 each coin operated laundry room, on site office & spacious shop/ store room. FPL installed new service street to weather-head 2022, (cont..) Located in a strong rental corridor with limited multifamily competition nearby.
With a solid in-place income stream and no immediate capital improvements needed, this property is ideal for investors seeking reliable returns in a high-growth Florida market. At the asking price, this building delivers consistent cash flow with verified financials.
Contact us today for the rent roll, expense breakdown, and to schedule a private tour of this high-performing asset.
  • Property type

    Other

  • Floors

    5

  • Year built

    1963

  • Price/sqft

    $139

Features

  • Elevator
  • Riverfront
  • River View
  • Gate
  • Office
  • Washer Dryer
  • Laundry Room
  • Parking
  • Balcony

Explore the Area

732 N Halifax Avenue, Daytona Beach, Florida, United States View on Google Maps
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Miller Real Estate and Assoc. - Ormond Beach

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Miller Real Estate and Assoc. - Ormond Beach
Florida, United States
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Miller Real Estate and Assoc. - Ormond Beach
Ormond Beach, Florida, United States
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Last updated
Today
First listed
Sep 2
Listing reference
1230309
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