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STABILIZED 7-UNIT CASH COW PRODUCING AN 8% CAP RATE ON ASKING (AFTER TAXES, INSURANCE, AND EXPENSES)! 3 STREETS FROM THE BEACH! This is a rare, high-performing asset with a confirmed zoning of up to 10 units, and land use of 7 units per the Property Appraiser and zero code violations. This property delivers a strong 8% return in its current state, offering a proven track record of reliable income with even further room for appreciation. The property is fully stabilized with long-term tenants on active leases (6-12 months remaining) who take great pride in the property. Key features include a 2018 roof, solid mechanicals, on-site parking, a common patio area for tenants, and a "High and Dry" X flood zone designation. AS A BONUS: There is a large storage unit on-site that was previously an apartment and could be converted back for additional revenue. Located walking distance to the Main Street Pier and beach access, the equity here is undeniable: a 4-unit property just two doors down recently sold for $600k"โthis is 7 units with immediate, verifiable cash flow from day one. Perfect for a 1031 exchange or a portfolio expansion. Units nearby rent as AirBNB or long-term rentals! Call today!
| DAYS ON MARKET | 25 | LAST UPDATED | 5/12/2026 |
|---|---|---|---|
| TRACT | ROGERS SEABREEZE | YEAR BUILT | 1910 |
| COMMUNITY | 32118 - Daytona Beach/Holly Hill | COUNTY | Volusia |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32118 - Daytona Beach/Holly Hill |
| CONSTRUCTION | Block, HardiPlank Type |
| LOT | 4792 sq ft |
| LOT DIMENSIONS | 50x100 |
| STORIES | 1 |
| SUBDIVISION | ROGERS SEABREEZE |
| TAXES | 5720.83 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Husain Jaffer, CHARLES RUTENBERG REALTY ORLANDO, 407-622-2122
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 6/5/26 11:17 PM PDT.
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