RARE OPPORTUNITY! 60-UNIT VALUE-ADD MULTIFAMILY PORTFOLIO IN PRIME DAYTONA BEACH LOCATION WITH US-1 FRONTAGE! Income-producing asset featuring 60 UNITS across 9 BUILDINGS on 1.72 ACRES, offering IMMEDIATE CASHflow with significant upside potential. the property delivers strong in-place income with opportunity for increased NOI through continued lease-up and rent growth. Over… Read More $500,000 in capital improvements have been completed, with approximately 51 of units renovated, rented, and the remaining units scheduled for COMPLETION PRIOR TO CLOSING. Renovated units feature modern kitchens, updated appliances, designer finishes, and luxury vinyl flooring. Unit mix includes 40 one-bedroom units, 13 studios, and 7 two-bedroom units, well-positioned for strong workforce and student housing demand near Embry-Riddle and Daytona State College. Structured as a MULTI FOLIO OVAL ASSAMBLAGE with zoning allowing potential hotel conversion, offering long-term flexibility and redevelopment optionality. Located along the high-visibility US-1 corridor and minutes from Daytona Beach, this asset supports multiple EXIT strategies including long-term hold, refinance, repositioning, or redevelopment. Ideal for multifamily operators, private investors, and 1031 exchange buyers seeking scale, yield, and value creation in a high-demand rental market. Read Less
Courtesy of The Keyes Company 305-595-8166
Listing Snapshot
Days Online
42
Last Updated
Property Type
Multi Family
Square Ft.
41,397
Lot Size
1.72 Acres
MLS Number
A12011183
Additional Details
Building
Construction materials: "Block", "CBS", "Frame", "Stucco", Toal building area: 41397
Floors
"Laminate", "Tile", "Wood"
Lot
1.72 acres
Parking
"Common", "Guest", "Free", 78 total parkings
Roof
"Shingle"
Security Features
"Security Fence"
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