600 S Segrave Street, Daytona Beach, FL 32114
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
Listed by: kristin petersen
Office: adams, cameron & co., realtors
MLS#:FC318287
Source:MFRMLS
Price summary
- Price:$449,000
- Price per sq. ft.:$214.22
About this home
'Value-Add 4-Plex Investment Opportunity in the Growing South Daytona Corridor Solid block-construction 4-unit multifamily property featuring four spacious 1-bedroom, 1-bath units with functional open-concept layouts, strong occupancy history, and significant long-term rental upside potential. The property has maintained consistent occupancy over multiple years and benefits from strong workforce housing demand driven by proximity to Daytona Beach, major employers, shopping, dining, and several nearby colleges and universities. Recent capital improvements include: Brand-new roof (2025) Updated bathroom vanities (2022) New stoves and refrigerators in Units 1 and 4 (2022) Situated on a desirable corner lot with additional parking and excellent accessibility, the property offers investors a compelling blend of current income, operational stability, and future NOI growth potential. Current rents remain materially below prevailing South Daytona market rates, creating a clear value-add and rent stabilization opportunity for investors seeking long-term cash flow growth and appreciation potential. Comparable market rents for similar 1-bedroom units in the area suggest meaningful upside through gradual rent normalization over time.
Strong candidate for investors seeking:
*Long-term hold strategy
*workforce housing demand
*future cap-rate improvement through stabilization
*Excellent opportunity to acquire a fully occupied income-producing asset with measurable upside in one of Volusia County's established rental corridors."...
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Home facts
- Year built:1986
- Listing ID #:FC318287
- Added:55 day(s) ago
- Updated:June 29, 2026 at 09:35 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Kitchen Description:Range, Refrigerator
- Living area:2,016 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1986
- Building area:2,016 sq. ft.
- Lot area:0.2 Acres
- Construction Materials:Block, Stucco
- Exterior Features:Sidewalk
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$449,000
- Price per sq. ft.:$214.22
- Tax amount:$5,702 (2025)
Features and amenities
- Appliances:Electric Water Heater, Range, Refrigerator
- Amenities:Cable Available, Open Floorplan, Thermostat
- Pool features:Public Pool
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