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An exceptional opportunity to acquire a stabilized, income-producing five-unit multifamily property located in the desirable Surfside Historic District of Daytona Beach. This property delivers a net operating income (NOI) of $64,114 and a 9.1 cap rate, offering investors a blend of strong returns and long-term appreciation potential. Four of the five units are currently occupied, providing immediate, dependable cash flow. The property benefits from a combined federal housing income, ensuring reliable, government-backed rent payments and reduced vacancy risk. Nestled in one of Daytona Beach's most sought-after neighborhoods, this property combines historic character with modern income performance. Residents enjoy proximity to the Daytona Beach shoreline, downtown entertainment, and major employers, enhancing both tenant demand and property value.
| DAYS ON MARKET | 36 | LAST UPDATED | 11/12/2025 |
|---|---|---|---|
| TRACT | MEMENTO | YEAR BUILT | 1918 |
| COMMUNITY | 32118 - Daytona Beach/Holly Hill | COUNTY | Volusia |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Nov 12, '25 | $700,000 |
|---|---|
| Nov 12, '25 - Today | $650,000 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32118 - Daytona Beach/Holly Hill |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Ductless |
| INTERIOR | Other |
| LOT | 5663 sq ft |
| PARKING | Driveway |
| SEWER | Public Sewer |
| SUBDIVISION | MEMENTO |
| TAXES | 6625 |
| 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 12:57 AM PST.
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