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Listed price in listed location currency (USD).
$2,700,000

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MLS® O6357491

  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 10718 sqft
Garage No
Taxes $11,358
Days Active 45
Lot Size 1.05 acres
Approx. Age 1936
Avg. Price Per Sqft $251
MLS® Number O6357491

Property Address: 212 Madison Ave, DAYTONA BEACH, FL, 32114-2198

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

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 Airport, Daytona International Speedway, and the revitalized downtown corridor, this investment benefits from strong local rental demand and continued market appreciation. The central location provides convenient access to shopping, employment centers, and the area’s world-famous beaches, making it highly desirable for tenants. Offering both scale and stability, this 20-unit portfolio represents a rare opportunity to acquire a high-performing multifamily asset in one of Florida’s most dynamic and fast-growing coastal markets. Investors seeking dependable returns with long-term upside potential.
MLS® NumberO6357491
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage1.05
Exterior
GarageNo
Approx. Age1936
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 3, 2025List Date
$2,700,000List Price
  • Commute

Commute

Starting Address
Destination Address
212 Madison Ave, DAYTONA BEACH, FL

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