Daytona Beach, FL 32118,212 S OLEANDER AVE
Daytona Beach, FL 32118,212 S OLEANDER AVE
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Listed by
Bought with
$535,000
Est. payment /mo
4 Beds
4 Baths
2,160 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,160 sqft

Price per Sqft $247

Subdivision Fuquays Daytona Beach

MLS Listing ID O6356647

Bedrooms 4

HOA Y/N No

Year Built 1924

Annual Tax Amount $4,188

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

Presenting an outstanding opportunity to acquire a stabilized, income-producing four-unit multifamily property ideally located in the heart of Surfside Historic District. Three of the four units are currently occupied, this asset delivers a net operating income (NOI) of $48,205 and an attractive 9 cap rate, offering investors strong in-place returns and reliable, consistent cash flow.

The property is well maintained, has a brand new roof and features a stable tenant base, ensuring dependable rental performance with minimal management demands. Its desirable location supports year-round occupancy and long-term tenant retention. A majority of tenants are supported through federal housing.

Centrally positioned just minutes from Daytona Beach International Airport, Daytona International Speedway, and the world-renowned Daytona Beach shoreline, the property benefits from excellent accessibility, strong market fundamentals, and continued economic growth in one of Florida's most active coastal investment markets.

Whether expanding an existing portfolio or seeking a secure entry point into the Daytona Beach multifamily sector, 212 S Oleander Ave represents an exceptional opportunity offering both immediate income stability and future appreciation potential.

Location

State FL

County Volusia

Community Fuquays Daytona Beach

Area 32118 - Daytona Beach/Holly Hill

Zoning 02RP

Interior

Interior Features Other

Heating Ductless

Cooling Wall/Window Unit(s)

Fireplace false

Laundry None

Exterior

Exterior Feature Storage

Parking Features Driveway

Utilities Available Public

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Block

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None


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Stellar MLS

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212 S OLEANDER AVE

Team Comerford
Team Comerford

Team Leader | Broker Associate | License ID: BK3455404

+1(941) 586-3229 | team@thecomerfordgroupfl.com

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