Property 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 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 .. CON'T .. 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Garage: 1
Heating: Varies by Unit
Lot Size: 0.13 Acres
Roof Type: Shingle
Taxes: $5,212
Year Built: 1948
Square Feet: 2,819
Feature Descriptions
Appliances: Refrigerator, Electric Range
Days on Site: 5
Directions: From I-95 and ISB go East approx. 5.8 miles; Turn Left on S Oleander Ave.
Exterior: Concrete
Listing Terms: Cash, Conventional
Lot: Corner Lot
Lot Dimensions: 52.0 ft x 115.0 ft
Parcel #: 5309-07-22-0010
Parking: Off Street
Property Attached Y/N: No
Property Sub-Type: Multi Family
Sewer: Public Sewer
SQFT Total: 3452
Tenant Pays: Electricity
Units: 5
Utilities: Separate Electric Meters, Sewer Connected, Water Connected
Water: Public
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Florida Partners
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
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Estimated Payment
$ 3,119.09 per month $2,531.63 Principal & Interest $434.33 Property Tax $153.13 Homeowner's InsuranceChange Payment Information
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200 S Oleander Avenue | MLS# 1223393
This multi-family property located at 200 S Oleander Avenue, Daytona Beach, FL 32118 is currently listed for sale with an asking price of $525,000. Search Daytona Beach real estate on www.watsonrealtycorp.com today.