212 Oleander Avenue, DAYTONA BEACH, FL 32118
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  • MLS#: O6356647 ( Residential Income )
  • Street Address: 212 Oleander Avenue
  • Viewed: 15
  • Price: $535,000
  • Price sqft: $187
  • Waterfront: No
  • Year Built: 1924
  • Bldg sqft: 2856
  • Bedrooms: 4
  • Total Baths: 4
  • Days On Market: 23
  • Additional Information
  • Geolocation: 29.2216 / -81.0092
  • County: VOLUSIA
  • City: DAYTONA BEACH
  • Zipcode: 32118
  • Provided by: OUTLET REALTY
  • Contact: Nicolas Rodriguez
  • 407-353-5518
  • mfrmls
  • DMCA Notice
  • 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 Floridas 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Storage
  • Living Area: 2160.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Driveway
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Sewer: Public Sewer
  • Utilities: Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Interior Features: Other
  • Legal Description: LOT 3 BLK 22 FUQUAYS DAYTONA BEACH MB 4 PG 197 PER OR 5084 PG 3305 PER OR 6163 PG 4785 PER OR 6916 PG 3475 PER OR 7983 PG 4836
  • Area Major: 32118 - Daytona Beach/Holly Hill
  • Parcel Number: 530907220030
  • Views: 15
  • Zoning Code: 02RP
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