Bought with
212 MADISON AVE Daytona Beach, FL 32114
10,718 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,718 sqft
Price per Sqft $251
Subdivision Kingston
MLS Listing ID O6357491
HOA Y/N No
Year Built 1936
Annual Tax Amount $11,358
Lot Size 1.050 Acres
Acres 1.05
Property Sub-Type Multi Family
Source Stellar MLS
New Construction false
Property Description
The portfolio is currently 19/20 units occupied, with only one vacant unit, offering immediate and consistent rental income. The properties are professionally managed and maintained, supported by a reliable tenant base combined with federal housing that provides stable, long-term cash flow.
Situated minutes from Daytona Beach International Airport, Daytona International Speedway, and the revitalized downtown corridor, this investment benefits from strong local rental demand and continued market appreciation. The central location provides convenient access to shopping, employment centers, and the area's world-famous beaches, making it highly desirable for tenants.
Offering both scale and stability, this 20-unit portfolio represents a rare opportunity to acquire a high-performing multifamily asset in one of Florida's most dynamic and fast-growing coastal markets. Investors seeking dependable returns with long-term upside potential.
Location
State FL
County Volusia
Community Kingston
Area 32114 - Daytona Beach
Zoning 0300 - MFR
Interior
Interior Features Other
Heating Ductless
Cooling Wall/Window Unit(s)
Fireplace false
Laundry None
Exterior
Exterior Feature Other
Utilities Available Public
Roof Type Other,Shingle
Garage false
Private Pool No
Building
Foundation Other
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
