USAFLDaytona BeachMemento205 N Wild Olive Ave

205 N Wild Olive Ave, Daytona Beach, FL

Name: 205 N Wild Olive Ave, For Sale in Daytona Beach - Zoocasa
Brand: Realty Pros Commercial
SKU: 1228771
Price: 818000 USD

House

For Sale

Listed price in listed location currency (USD).

$818,000

660

MLS® 1228771

Overview

Key Facts

Type Triplex

Levels Residential Income

Size 2370 sqft

Garage

Taxes $2,846

Days Active 55

Lot Size 0.14 Acres

Approx. Age

Avg. Price Per Sqft $345

MLS® Number 1228771

Property Address: 205 N Wild Olive Ave, DAYTONA BEACH, FL, 32118-4141

Average square foot calculated using Size range provided by listing agent.

Description

TRIPLE CROWN OFFERING! Rare, turnkey beachside triplex delivering an immediate 6.6 CAP rate and positive cash flow from day one, with potential gross income of approximately $90, 000+ annually based on market comparisons. Fully renovated with three desirable 2BR/2BA residences featuring modern coastal finishes and no deferred maintenance. The front single-family home (approx. 1, 100 SF) includes a bonus room/office and private washer/dryer hookups. The rear building features two identical 2BR/2BA units totaling approx. 1, 300 SF, plus shared laundry. Prime location directly across from Daytona Lagoon and just steps from the Atlantic Ocean, Ocean Center, dining and entertainment. Seller concession: With an acceptable offer, seller will pay the buyer's adjusted property taxes and homeowner's insurance for the ensuing 12 months at closing. A rare turnkey investment opportunity in the heart of Daytona Beach! Unit 205 - Front Single-Family Residence (Approx. 1, 100 SF) 2 Bedrooms | 2 Bathrooms | Flexible Bonus Room This beautifully renovated single-family residence has been completely transformed with luxury coastal finishes throughout while preserving its beachside charm. The flexible bonus room is ideal for a home office, media room, or additional sleeping area. Unlike the rear units, this residence includes its own private washer and dryer hookups, eliminating the need to use the shared exterior laundry. Units 207A & 207B - Rear Duplex (Approx. 1, 300 SF Total) Two Separate 2 Bedroom | 2 Bathroom Residences These identical upper and lower residences offer efficient layouts, durable upscale finishes, and broad rental appeal. Designed for easy ownership and long-term performance, they attract vacation renters, professionals, and seasonal residents alike. Exceptional Beachside Location Located within one of Daytona Beach's most walkable entertainment districts, the property benefits from year-round demand. Directly across from Daytona Lagoon Waterpark. Short walk to the Atlantic Ocean. Minutes to the Ocean Center and Peabody Auditorium. Walking distance to restaurants, nightlife, and entertainment. Shared outdoor laundry facility available for the rear duplex units. The Bottom Line Investment opportunities offering this level of quality, location, and operational efficiency are becoming increasingly difficult to find along Florida's coast. With immediate cash flow, a strong in-place CAP rate, and the potential to substantially increase gross revenue through market-rate leasing, 205 N Wild Olive represents an exceptional acquisition opportunity for investors seeking both stability and upside.

MLS® Number1228771

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age

Basement

DrivewayOn Street, Shared Driveway

Garage Spaces

HeatIndividual

A/CSplit System, Wall/Window Unit(s)

Extras

Map

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