2550 Tulane Ave
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2550 Tulane Ave
14 Unit Apartment Building $2,590,000 ($185,000/Unit) Daytona Beach, FL 32118
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
Package Sale Only: $5,180,000
Seller Will Only Consider Selling Both Buildings Together
Properties Include:
2550 Tulane Ave & 2525 N. Oleander Ave, Daytona Beach, FL 32118
Contiguous Parcels with 14 Units in Each Building (28 Total Apartments)
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
Note: Information is deemed reliable but not guaranteed; prospective buyers should verify all details. Pictures in the Listing Show Both Properties Being Sold as a Package
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
Package Sale Only: $5,180,000
Seller Will Only Consider Selling Both Buildings Together
Properties Include:
2550 Tulane Ave & 2525 N. Oleander Ave, Daytona Beach, FL 32118
Contiguous Parcels with 14 Units in Each Building (28 Total Apartments)
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
Note: Information is deemed reliable but not guaranteed; prospective buyers should verify all details. Pictures in the Listing Show Both Properties Being Sold as a Package
Property Facts
| Price | $2,590,000 | Apartment Style | Low Rise |
| Price Per Unit | $185,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.41 AC |
| Sale Conditions | 1031 Exchange | Building Size | 15,180 SF |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1967 |
| Property Subtype | Apartment | Parking Ratio | 1.19/1,000 SF |
| Price | $2,590,000 |
| Price Per Unit | $185,000 |
| Sale Type | Investment |
| 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 | 15,180 SF |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 1.19/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 14 | - | 925 |
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PROPERTY TAXES
| Parcel Number | 4225-01-13-0060 | Improvements Assessment | $1,603,062 |
| Land Assessment | $420,000 | Total Assessment | $2,023,062 |
PROPERTY TAXES
Parcel Number
4225-01-13-0060
Land Assessment
$420,000
Improvements Assessment
$1,603,062
Total Assessment
$2,023,062
zoning
| Zoning Code | MF (MULTI-FAMILY RESIDENTIAL) |
| MF (MULTI-FAMILY RESIDENTIAL) |
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2550 Tulane Ave
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