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An outstanding opportunity to acquire a stabilized, income-producing 20-unit multifamily portfolio located in the heart of Daytona Beach. This well-maintained collection of properties"”204, 208, 210, 212, and 214 Madison Ave"”delivers exceptional performance with a net operating income (NOI) of $238,613 and a strong 8.8 cap rate. 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.
| DAYS ON MARKET | 45 | LAST UPDATED | 12/10/2025 |
|---|---|---|---|
| TRACT | KINGSTON | YEAR BUILT | 1936 |
| COMMUNITY | 32114 - Daytona Beach | COUNTY | Volusia |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32114 - Daytona Beach |
| CONSTRUCTION | Frame |
| EXTERIOR | Other |
| HEAT | Ductless |
| INTERIOR | Other |
| LOT | 1.05 acre(s) |
| SEWER | Public Sewer |
| SUBDIVISION | KINGSTON |
| TAXES | 11358 |
| 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 12/18/25 8:27 AM PST.
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