Features & Amenities

Interior

  • Other Interior Features

    High Ceilings, Open Floorplan, Stone Counters

  • Total Bedrooms

    12

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Other Exterior Features

    Other

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Beach, River, Water

Area & Lot

  • Lot Size(acres)

    0.23

  • Lot Size(square feet)

    9,909

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $1,995,000

  • Tax Amount

    $26,881.16

  • Sq. Footage

    8,400

  • Price/SqFt

    $237

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    5

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Volusia

Elementary School

Middle School

High School

Listing Courtesy of Matt White , SLOANE REALTY, LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Ashley Baillio

FOUNDER

Ashley Baillio

Call Ashley today to schedule a private showing.


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
RARE 12-UNIT BEACHside MULTIFAMILY INVESTMENT OPPORTUNITY! Located in the heart of Beachside Daytona Beach, this exceptionally renovated 12-unit apartment building offers investors the opportunity to own a turnkey multifamily asset just one block from the Halifax River/Intracoastal and a short walk or bike ride to the Atlantic Ocean, Daytona Beach Boardwalk, Ocean Walk Village, Main Street entertainment, restaurants, and nightlife.

The three-story, concrete-block building was completely renovated in 2022 with extensive improvements throughout, including new impact-rated windows and doors, new roof, aluminum-rated railings, interior and exterior paint, luxury vinyl plank flooring, HVAC systems, water heaters, stainless-steel appliances, solid-wood cabinetry, granite countertops, replumbing, upgraded electrical, lighting, and plumbing fixtures. The result is a substantially upgraded property designed for low-maintenance, long-term ownership.

The property consists of 12 spacious 1-bedroom/1-bathroom apartments, each approximately 700 square feet, featuring central air conditioning and generously sized living areas. Tenants pay their own electric, while ownership pays water and sewer. Trash, water, and sewer are consolidated under ownership.

The property is currently 100% leased, with one unit intentionally maintained vacant to accommodate prospective buyer tours and inspections. Current gross scheduled rental income is approximately $185,000 annually, with reported NOI of approximately $135,000 annually, providing an attractive in-place income stream with additional potential for future NOI growth.

Situated on approximately ¼ acre with ample tenant and guest parking, the property combines the advantages of a manageable 12-unit apartment community with one of Daytona Beach's most desirable beachside locations. The property's proximity to both the Atlantic Ocean and Halifax River provides an exceptional location for residents seeking convenient access to Daytona's beaches, restaurants, entertainment, employment centers, and amenities.

Investment highlights include: 12 units, concrete-block construction, extensive 2022 renovation, impact-rated windows and doors, new roof and major building systems, individually metered electric, approximately 700 SF per unit, ample parking, strong beachside location, and established rental income.

Strategic upside may exist through future rent optimization and/or alternative permitted rental strategies, subject to buyer verification of zoning, licensing, applicable regulations, and market conditions.

Located approximately 0.7 mile from Ocean Walk Village, 0.4 mile from the Atlantic Avenue commercial corridor, and minutes from the Daytona Beach Boardwalk, Main Street entertainment district, Halifax Health Medical Center, and Daytona Beach International Airport.

Offered at $1,995,000. This is an exceptional opportunity to acquire a substantially renovated, income-producing multifamily asset in one of Daytona Beach's most desirable beachside locations.

208 N HALIFAX AVENUE

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Sell South Florida via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

This beautiful Pad Split Portfolio is performing at a superior level just to be clear.  Motivated Owner(s) is now offering this Portfolio Income at significantly below Market Price. $89.82 P.S.F. plus 3 contiguous buildable Lots along with over $100k in Furniture and Fixtures for a complete Turnkey Rented Portfolio which will be included with an acceptable terms. This opportunity consists of 5 parcels that include an 8,000 SF fully renovated Historic Victorian home, a 7,000 SF Co-living property (404 & 408 S Ridgewood Ave), 1,021 SF house (315 Live Oak Ave) plus 3 adjacent land parcels in Daytona Beach, FL. The homes are strategically located with 164 feet of prime frontage on US-1, just minutes away from the beach, the Intercoastal Waterway, and major attractions. This prime location, combined with the recent property enhancements and diverse zoning options, makes this Offering particularly appealing to investors and developers alike. 
The centerpiece of this portfolio is the stunning Victorian home, listed on the U.S. National Register of Historic Places. Spanning an impressive 8,000 square feet, this Historic Gem boasts 10 uniquely decorated bedrooms, 5 full bathrooms, and two basement apartments. The current lease with Pad Split runs through July 2025. The third property of the portfolio is an adjacent 1,021 SF house located at 315 Live Oak St. The home consists of 4 bedrooms and 1 bathroom, this too has been fully renovated with new bathroom/shower, plumbing and General Electric upgrades. All 3 properties benefit from recent leases with Pad Split - the largest co-living marketplace in the US. Pad Split provides accessible and affordable housing solutions to hardworking individuals who form the backbone of society: teachers, traveling nurses, and other frontline workers. Finally, the 3 land parcels adjacent to the homes make up a total of .51 acres on Live Oak Avenue and Segrave St. These land parcels are zone T -2 which allows for a wide variety of uses. See the Full Brochure Attached!
#V4943079

DAYTONA BEACH

404 S RIDGEWOOD AVENUE

31 Beds

None Baths

16,021 Sq.Ft.

$1,650,000

MLS#: V4943079

 - property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Sell South Florida via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Sell South Florida via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.