4 UNIT MULTI-FAMILY | FOR SALE | 212 S Oleander Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
4 UNIT MULTI-FAMILY | FOR SALE 212 S Oleander Ave
4 Unit Apartment Building $535,000 ($133,750/Unit) 8.97% Cap Rate Daytona Beach, FL 32118
Investment Highlights
- 4 (1BR)
- Beautiful Porch for every unit
- New Flooring
- Moderately Renovated units – with value add potential
- New Water Heater
- Ample Parking
Executive Summary
Apex Capital Realty is proud to exclusively present 212 S Oleander Avenue for sale. This 4 – unit Boutique building is located in one of the best areas in Daytona Beach with the water being just a two-minute walk away.
This moderately updated property is now being offered at $535,000. The property consists of four one-bedroom, one-bathroom units, each boasting a beautiful, private porch. All units are rented providing a steady cash flow with gross rental income of $61,800 a year.
With its proximity to one of Volusia County's most stunning beaches and the high demand for quality rentals, prices have steadily risen and are expected to continue doing so for the foreseeable future. Middle-income multifamily properties in desirable neighborhoods like this one have demonstrated strong performance and resilience, even in down markets.
This moderately updated property is now being offered at $535,000. The property consists of four one-bedroom, one-bathroom units, each boasting a beautiful, private porch. All units are rented providing a steady cash flow with gross rental income of $61,800 a year.
With its proximity to one of Volusia County's most stunning beaches and the high demand for quality rentals, prices have steadily risen and are expected to continue doing so for the foreseeable future. Middle-income multifamily properties in desirable neighborhoods like this one have demonstrated strong performance and resilience, even in down markets.
Property Facts
Unit Amenities
- Porch
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 5309-07-22-0030 | Improvements Assessment | $162,376 |
| Land Assessment | $81,375 | Total Assessment | $243,751 |
PROPERTY TAXES
Parcel Number
5309-07-22-0030
Land Assessment
$81,375
Improvements Assessment
$162,376
Total Assessment
$243,751
zoning
| Zoning Code | RDB-6 (Residential detached building) |
| RDB-6 (Residential detached building) |
-
Jason Abitbol -
Yoni Sunshine -
Apex Capital Realty LLC
1 of 16
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
4 UNIT MULTI-FAMILY | FOR SALE | 212 S Oleander Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.