5 UNIT MULTI-FAMILY | FOR SALE | 26 S Hollywood Ave
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5 UNIT MULTI-FAMILY | FOR SALE 26 S Hollywood Ave
5 Unit Apartment Building $695,000 ($139,000/Unit) 9.18% Cap Rate Daytona Beach, FL 32118
Investment Highlights
- 5(1BR)
- Upgraded electric
- New Flooring
- Moderately Renovated units – with value-add potential
- Renovated Bathrooms
- New water heaters
Executive Summary
Apex Capital Realty is proud to present exclusively present 26- 28 S Hollywood Avenue for sale. This 5 – unit Boutique multifamily is made up
of 2 structures and is located in one of the best areas of Daytona Beach with the water being just a two-minute walk away.
This moderately updated property is now being offered at $695,000. The property consists of five one-bedroom, one-bathroom units
with upgraded bathrooms electric systems and water heaters. All units are rented providing a steady cash flow with gross rental income
of $84,600 a year.
Additionally, the property's BU zoning allows a buyer to operate this 5-unit building as a short-term rental or Airbnb, offering flexibility and
potential for increased income. We need to verify this zoning allowance.
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.
of 2 structures and is located in one of the best areas of Daytona Beach with the water being just a two-minute walk away.
This moderately updated property is now being offered at $695,000. The property consists of five one-bedroom, one-bathroom units
with upgraded bathrooms electric systems and water heaters. All units are rented providing a steady cash flow with gross rental income
of $84,600 a year.
Additionally, the property's BU zoning allows a buyer to operate this 5-unit building as a short-term rental or Airbnb, offering flexibility and
potential for increased income. We need to verify this zoning allowance.
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
| Price | $695,000 | Apartment Style | Low Rise |
| Price Per Unit | $139,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 9.18% | Building Size | 3,126 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1918 |
| Property Subtype | Apartment |
| Price | $695,000 |
| Price Per Unit | $139,000 |
| Sale Type | Investment |
| Cap Rate | 9.18% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,126 SF |
| No. Stories | 2 |
| Year Built | 1918 |
Unit Amenities
- Microwave
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 5305-08-15-0043 | Improvements Assessment | $314,556 |
| Land Assessment | $84,875 | Total Assessment | $399,431 |
PROPERTY TAXES
Parcel Number
5305-08-15-0043
Land Assessment
$84,875
Improvements Assessment
$314,556
Total Assessment
$399,431
zoning
| Zoning Code | RDB6 (Redevelopment Beachside) |
| RDB6 (Redevelopment Beachside) |
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Yoni Sunshine -
Jason Abitbol -
Apex Capital Realty LLC
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5 UNIT MULTI-FAMILY | FOR SALE | 26 S Hollywood Ave
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