Address: 732 Halifax Avenue, Daytona Beach, FL 32118
Description
Turnkey 25 Unit Multifamily Investment True 6 Percent CAP | River Views | $150,000 Per Door. Introducing 732 N. Halifax Avenue, a fully completed 25 unit apartment building in Daytona Beach, FL now available for purchase at $3,750,000 ($150,000 per door). This stabilized, income producing asset offers a true 6P capitalization rate based on a current Net Operating Income of $227,228, verified and up to date. These are real numbers no projections, no inflation, no guesswork. Positioned just blocks from the beach and offering expansive views of the Halifax River and Atlantic Intracoastal Waterway system, this five story building attracts strong tenant demand while requiring minimal maintenance. While not directly waterfront, many units benefit from attractive river vistas, which enhance long term leasing potential. Key investment highlights: 25 Units: Mix of 1 and 2 bedroom layouts Coin operated laundry in the first floor lobby Concrete block construction for long term (cont) " Elevator access, secure entry, and designated parking
" Located in a strong rental corridor with limited multifamily competition nearby
With a solid in place income stream and no immediate capital improvements needed, this property is ideal for investors seeking reliable returns in a high growth Florida market. At the asking price, this building delivers consistent cash flow with verified financials and a clean 6 percent cap rate.
Contact us today for the rent roll, expense breakdown, and to schedule a private tour of this high performing asset.
Turnkey 25 Unit Multifamily Investment True 6 Percent CAP | River Views | $150,000 Per Door. Introducing 732 N. Halifax Avenue, a fully completed 25 unit apartment building in Daytona Beach, FL now available for purchase at $3,750,000 ($150,000 per door). This stabilized, income producing asset offers a true 6P capitalization rate based on a current Net Operating Income of $227,228, verified and up to date. These are real numbers no projections, no inflation, no guesswork. Positioned just blocks from the beach and offering expansive views of the Halifax River and Atlantic Intracoastal Waterway system, this five story building attracts strong tenant demand while requiring minimal maintenance. While not directly waterfront, many units benefit from attractive river vistas, which enhance long term leasing potential. Key investment highlights: 25 Units: Mix of 1 and 2 bedroom layouts Coin operated laundry in the first floor lobby Concrete block construction for long term (cont) " Elevator access, secure entry, and designated parking
" Located in a strong rental corridor with limited multifamily competition nearby
With a solid in place income stream and no immediate capital improvements needed, this property is ideal for investors seeking reliable returns in a high growth Florida market. At the asking price, this building delivers consistent cash flow with verified financials and a clean 6 percent cap rate.
Contact us today for the rent roll, expense breakdown, and to schedule a private tour of this high performing asset.
Features
Building and Construction
Exterior Features: Balcony, Impact Windows
Flooring: Tile, Vinyl
Roof: Membrane, Other
Land Information
Lot Features: Sprinklers In Front
Garage and Parking
Parking Features: Off Street
Eco-Communities
Water Source: Public
Utilities
Cooling: Central Air, Multi Units, Separate Meters, Individual
Heating: Central, Electric
Road Frontage Type: City Street
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
Tax Year: 2024
Rental Information
Tenant Pays: Cable TV, Electricity
Other Features
Appliances: Refrigerator, Microwave, Electric Range
Furnished: Unfurnished
Legal Description: W 1/2 OF LOT 2 BLK 8 EAST DAYTONA PER OR 3955 PG 0204 PER DC 5413 PG 4838 PER OR 5413 PGS 4869-4872 INC PER OR 6008 PGS 3152-3153 PER OR 6633 PG 2945 PER OR 6773 PG 2513
Parcel Number: 5305-01-08-0023
Views: 89
Owner Information
Owner Pays: Cable TV, Common Area Maintenance, Exterior Maintenance, Pest Control, Water
New Listings & Price Reduction Updates sent directly to your email
Create Your Own Property Search saved for your return visit.
"Like" Listings and Create a Favorites List
* NOTICE: By creating your free profile, you authorize us to send you periodic emails about new listings that match your saved searches and related real estate information.If you provide your telephone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.