Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1947
Sq.Footage
2,370
Welcome to a rare, fully reimagined COASTAL INCOME PROPERTY TRIPLEX designed for investors seeking strong returns, low-maintenance ownership, and unbeatable location. Positioned directly across from Daytona Lagoon Waterparl and just steps from the Atlantic Ocean, this exceptional turnkey triplex places you in the center of everything that makes Daytona Beach one of Florida's most recognized beach destinations. Completely rebuilt and thoughtfully redesigned, this trophy multi-unit property blends modern construction, upscale finishes, and income-producing versatility. Whether utilized as a high-performing short-term rental portfolio, long-term executive housing, or an owner-occupied investment with supplemental income, 205 N Wild Olive delivers a compelling opportunity for immediate cash flow and long-term appreciation. The property consists of three beautifully finished 2-bedroom, 2-bath residences, each curated with contemporary coastal style and functionality in mind. Unit 205 - Front Residence Approx. 1,100 SF Single-Story Coastal Cottage Originally taken nearly to the studs and rebuilt with exceptional craftsmanship, the front residence preserves the charm of the original character while delivering the feel of a brand-new home. The redesigned floor plan features: 2 spacious bedrooms 2 full bathrooms Flexible bonus room ideal for a home office, bunk room, media space, or potential 3rd sleeping area Original decorative fireplace feature All-new roof, siding, systems, appliances, and finishes This residence offers the perfect blend of historic beachside charm and modern luxury. Unit 207 - Newly Constructed Rear Building Approx. 1,300 SF Total Two Separate Residences Built entirely from the ground up, the newly constructed rear building includes: One upstairs 2BR/2BA residence One downstairs 2BR/2BA residence Both units were designed with elevated attention to detail, maximizing comfort, durability, and rental appeal. Property Highlights Fully turnkey investment opportunity Three total 2BR/2BA residences Brand-new plumbing, electrical, roofing, appliances, and major systems Interior wall insulation for enhanced efficiency and sound reduction Built with above-code considerations for adverse weather resilience Dedicated outdoor laundry facility with oversized washer/dryer area Modern coastal finishes throughout Minimal deferred maintenance for years to come Prime Beachside Location Situated in one of the most walkable and desirable corridors of Daytona Beach, the property is moments from: Daytona Lagoon Waterpark The Ocean Center Peabody Auditorium Beaches, riverfront attractions, dining, nightlife, and shopping Its premier location supports strong year-round rental demand from vacationers, seasonal visitors, event attendees, and beachside professionals alike. Investment Performance Projected cap rates exceed 7 percent when maximizing all rentable space, with estimated owner-occupied performance exceeding 4 percent cap rate scenarios. This asset offers investors the increasingly rare combination of: New construction quality Prime beachside positioning Strong income potential Low maintenance ownership Long-term appreciation upside For the discerning investor seeking a polished, income-producing coastal asset with immediate operational potential, 205 N Wild Olive Ave represents a standout opportunity in the Daytona Beach market.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Ductless
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Cement Siding
-
Parking
Common, Driveway, On Street
-
Patio and Porch Features
Front Porch, Rear Porch
-
Pool
No
-
Waterfront YN
NO
-
View
Water
Area & Lot
-
Lot Features
Near Public Transit, Paved
-
Lot Size(acres)
0.14
-
Lot Size(square feet)
6250.0
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$875,000
-
Tax Amount
$2,846.29
-
Sq. Footage
2, 370
-
Price/SqFt
$369
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
YES
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
18
-
Water Source
Public
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Location
County
Volusia
Elementary School
Middle School
High School
Listing Courtesy of Jennifer Matacale , PREMIER SOTHEBYS INTL REALTY
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FOUNDER
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