212 S Oleander Avenue, Daytona Beach, FL 32118
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
212 S Oleander Avenue,Daytona Beach, FL 32118
$535,000
- 4 Beds
- 4 Baths
- 2,160 sq. ft.
- Multi-family
- Active
Listed by:nicolas rodriguez
Office:outlet realty
MLS#:O6356647
Source:MFRMLS
Price summary
- Price:$535,000
- Price per sq. ft.:$187.32
About this home
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 Florida’s 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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Home facts
- Year built:1924
- Listing ID #:O6356647
- Added:1 day(s) ago
- Updated:November 01, 2025 at 11:41 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Living area:2,160 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Ductless
Structure and exterior
- Roof:Shingle
- Year built:1924
- Building area:2,160 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$535,000
- Price per sq. ft.:$187.32
- Tax amount:$4,188 (2024)
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