Do Real Estate on the Go!
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- Property Details
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Do Real Estate on the Go!
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$2,700,000
-- Bed
- -- Bath
10,718sqft
212 Madison Ave, Daytona Beach, FL 32114
$2,700,000
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Multi Family
Built in 1936
$-- HOA
1.05 acres lot
$252/sq.ft
Description
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 Ai...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1936
HOA Fees
-
Finished Area
10,718 sqft
Lot Size
1.05 acres lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
O6357491
MLS Status
Active
Days on Market
43
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