200 S Oleander Avenue
Daytona Beach, FL 32118

Listed at $525,000

Details

  • MLS# 1223393
  • Multi Unit - Multiple
  • Status Active
  • 7 Bedrooms
  • 5 full Bathrooms
  • 2,819 Square Feet
  • 0.130 acres
  • Built in 1948
  • Local Schools

Description

Strong coastal multifamily opportunity just 4 streets from the beach. This fully occupied 5-unit building combines durable construction, full renovations, and a highly functional unit mix in one of the area's most desirable rental pockets.Each unit has been thoughtfully updated, offering clean, modern interiors that show well and support strong rental performance. A 2021 roof further strengthens the property's low-maintenance profile and long-term ownership appeal.The layout includes one 3-bedroom/1-bath unit, one 2-bedroom/1-bath unit, two 1-bedroom/1-bath units, and one studio -- a diversified mix that attracts a broad tenant base and supports...read more consistent occupancy in this beachside location.The property is professionally operated and currently home to long-standing tenants, creating reliable income from day one. A trusted local management company has successfully overseen the building for years and can remain in place for a seamless transition, or the new owner can .. CONT .. choose to self-manage.With quick access to the Atlantic Ocean, Intracoastal Waterway, Daytona Beach Pier, Speedway, I-95, and I-4, the location continues to drive strong rental demand.Recent renovations. Solid construction. Proven performance. A turnkey beachside investment positioned for immediate cash flow.

Features

  • Refrigerator
  • Electric Range
  • Wall/Window Unit(s)
  • Varies by Unit
  • $5,212 Taxes
  • Public
  • Built in 1948
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Appliances: Refrigerator, Electric Range
  • Cooling: Wall/Window Unit(s)
  • Days on Site: 12
  • Directions: From I-95 and ISB go East approx. 5.8 miles; Turn Left on S Oleander Ave.
  • Exterior: Concrete
  • Garage: 1
  • Heating: Varies by Unit
  • Listing Terms: Cash, Conventional
  • Lot Description: Corner Lot
  • Lot Dimensions: 52.0 ft x 115.0 ft
  • Lot Size: 0.13 Acres
  • Parcel #: 5309-07-22-0010
  • Parking: Off Street
  • Property Attached Y/N: No
  • Property Sub-Type: Multi Family
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • SQFT Total: 3452
  • Taxes: $5,212
  • Tenant Pays: Electricity
  • Units: 5
  • Utilities: Separate Electric Meters, Sewer Connected, Water Connected
  • Water: Public
  • Year Built: 1948