2525 N Oleander Ave | Daytona Beach, FL 32118
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2525 N Oleander Ave
Daytona Beach, FL 32118
Multifamily Property For Sale · 14 Units
Executive Summary
New Roof Installed in 2021
Lease Renewals at $1,650 and $1,500 per Unit
Separate Water Meters in Tenants' Names, Saving Owner Thousands Annually
Washer/Dryer in All Units
Property Included:
2525 N. Oleander Ave, Daytona Beach, FL 32118
Contiguous Parcels with 14 Units
All Units Are 2-Bedroom
Separate Electric and Water Meters; Tenants Cover Utility Costs
Renovations Include:
Upgraded Kitchens with Granite Countertops
Updated Bathrooms
Premium Tile Flooring
Updated Windows, Doors, Stucco, Appliances, HVAC, etc.
Additional Details:
Just 1 Block from the Beach
Walking Distance to Restaurants and Publix Shopping Center
Package Sale Available: $5,180,000
Seller Will Consider Selling Both Buildings Together or Separately (Second building is neighboring building at 2550 Tulane Ave, Daytona Beach, FL 32118)
Note: Information is deemed reliable but not guaranteed; prospective buyers should verify all details.
Lease Renewals at $1,650 and $1,500 per Unit
Separate Water Meters in Tenants' Names, Saving Owner Thousands Annually
Washer/Dryer in All Units
Property Included:
2525 N. Oleander Ave, Daytona Beach, FL 32118
Contiguous Parcels with 14 Units
All Units Are 2-Bedroom
Separate Electric and Water Meters; Tenants Cover Utility Costs
Renovations Include:
Upgraded Kitchens with Granite Countertops
Updated Bathrooms
Premium Tile Flooring
Updated Windows, Doors, Stucco, Appliances, HVAC, etc.
Additional Details:
Just 1 Block from the Beach
Walking Distance to Restaurants and Publix Shopping Center
Package Sale Available: $5,180,000
Seller Will Consider Selling Both Buildings Together or Separately (Second building is neighboring building at 2550 Tulane Ave, Daytona Beach, FL 32118)
Note: Information is deemed reliable but not guaranteed; prospective buyers should verify all details.
PROPERTY FACTS
| Price Per Unit | $185,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.41 AC |
| Cap Rate | 7.70% | Building Size | 15,596 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1969/2019 |
| Property Subtype | Apartment | Parking Ratio | 1.03/1,000 SF |
| Apartment Style | Low Rise |
| Price Per Unit | $185,000 |
| Sale Type | Investment |
| Cap Rate | 7.70% |
| Sale Conditions | 1031 Exchange |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 15,596 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2019 |
| Parking Ratio | 1.03/1,000 SF |
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 14 | - | - |
PROPERTY TAXES
| Parcel Number | 4225-01-13-0180 | Improvements Assessment | $1,597,613 |
| Land Assessment | $420,000 | Total Assessment | $2,017,613 |
PROPERTY TAXES
Parcel Number
4225-01-13-0180
Land Assessment
$420,000
Improvements Assessment
$1,597,613
Total Assessment
$2,017,613
zoning
| Zoning Code | MF (MULTI-FAMILY RESIDENTIAL) |
| MF (MULTI-FAMILY RESIDENTIAL) |
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