United StatesFloridaDaytona Beach212 MADISON AVENUE

212 MADISON AVENUE 212 MADISON AVENUE Daytona Beach, Florida 32114 United States

$2,700,000
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An outstanding opportunity to acquire a stabilized, income-producing 20-unit multifamily portfolio located in the heart of Daytona Beach. This well-maintained collection of properties”204, 208, 210, 212, and 214 Madison Ave”delivers exceptional performance with a net operating income (NOI) of $238,613 and a strong 8.8 cap rate.The portfolio is currently 19/20 units occupied, with only one vacant unit, offering immediate and consistent rental income. The properties are professionally managed and maintained, supported by a reliable tenant base combined with federal housing that provides stable, long-term cash flow.Situated minutes from Daytona Beach International Airport, Daytona International Speedway, and the revitalized downtown corridor, this investment benefits from strong local rental demand and continued market appreciation. The central location provides convenient access to shopping, employment centers, and the areas world-famous beaches, making it highly desirable for tenants.Offering both scale and stability, this 20-unit portfolio represents a rare opportunity to acquire a high-performing multifamily asset in one of Floridas most dynamic and fast-growing coastal markets. Investors seeking dependable returns with long-term upside potential.

Listed by : Nicolas Rodriguez, OUTLET REALTY

Source: STELLAR MLS
$2,700,000
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1.05 Acres
Exterior
Residential Income
Property type
1936
Year Built
O6357491
Web Id
O6357491
MLS ID
KINGSTON
Subdivision
Volusia County
School District
5
days ago

PROPERTY INFORMATION

Cooling
Wall/Window Unit(s)
Heating
Wall Units / Window Unit
Sewer
Public Sewer
Water
Public

EXTERIOR

Construction
Wood Frame
Exterior Features
Other
Roofing
Other, Shingle

INTERIOR

Interior Features
Other

ADDITIONAL INFORMATION

Number of Units
20
Listing Courtesy of OUTLET REALTY
 
Located at 212 MADISON AVENUE, Daytona Beach, Florida 32114, this Residential Income is for Sale with a price of $2,700,000. The property was built in 1936,. This listing encompasses a lot of 1.05 Acres. See all Homes for Sale in Daytona Beach.
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OUTLET REALTY

Listing Courtesy of OUTLET REALTY
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