Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1936
Sq.Footage
10,718
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 area’s 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 Florida’s most dynamic and fast-growing coastal markets. Investors seeking dependable returns with long-term upside potential.
Features & Amenities
Interior
- 
    
Other Interior Features
Other
 - 
    
Total Bedrooms
N/A
 - 
    
Bathrooms
N/A
 - 
    
Cooling YN
YES
 - 
    
Cooling
Wall/Window Unit(s)
 - 
    
Fireplace YN
NO
 - 
    
Heating YN
YES
 - 
    
Heating
Ductless
 - 
    
Pet friendly
N/A
 
Exterior
- 
    
Garage
No
 - 
    
Construction Materials
Frame
 - 
    
Other Exterior Features
Other
 - 
    
Pool
No
 - 
    
Waterfront YN
NO
 
Area & Lot
- 
    
Lot Size(acres)
1.05
 - 
    
Property Type
Residential Income
 - 
    
Property Sub Type
Multi Family
 
Price
- 
    
Sales Price
$2,700,000
 - 
    
Tax Amount
11358.0
 - 
    
Sq. Footage
10, 718
 - 
    
Price/SqFt
$251
 
HOA
- 
    
Association
NO
 
School District
- 
    
Elementary School
N/A
 - 
    
Middle School
N/A
 - 
    
High School
N/A
 
Property Features
- 
    
Foundation Details
Other
 - 
    
Ownership
Fee Simple
 - 
    
Senior Community YN
NO
 - 
    
Sewer
Public Sewer
 - 
    
Tax Lot
4
 - 
    
Water Source
Public
 
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Location
County
Volusia
Elementary School
Middle School
High School
Listing Courtesy of Nicolas Rodriguez , OUTLET REALTY
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