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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.
| DAYS ON MARKET | 37 | LAST UPDATED | 10/30/2025 |
|---|---|---|---|
| TRACT | FUQUAYS DAYTONA BEACH | YEAR BUILT | 1924 |
| COMMUNITY | 32118 - Daytona Beach/Holly Hill | COUNTY | Volusia |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32118 - Daytona Beach/Holly Hill |
| CONSTRUCTION | Frame |
| EXTERIOR | Storage |
| HEAT | Ductless |
| INTERIOR | Other |
| LOT | 5227 sq ft |
| PARKING | Driveway |
| SEWER | Public Sewer |
| SUBDIVISION | FUQUAYS DAYTONA BEACH |
| TAXES | 4188 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Nicolas Rodriguez, OUTLET REALTY, 407-308-0600
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/6/25 12:56 AM PST.
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