732 N Halifax AVE Active Save Request In-Person Tour Request Virtual Tour
Daytona Beach,FL 32118
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 29,102 sqft
Price per Sqft $128
MLS Listing ID 1213846
Year Built 1963
Annual Tax Amount $32,812
Acres 0.43
Property Sub-Type Multi Family
Source Daytona Beach Area Association of REALTORS®
Property Description
Turnkey 25-Unit Multifamily Investment - True 6 Percent CAP | River Views | $150,000 Per Door. Introducing 732 N. Halifax Avenue, a fully completed 25-unit apartment building in Daytona Beach, FL -now available for purchase at $3,750,000 ($150,000 per door). This stabilized, income-producing asset offers a true 6P capitalization rate based on a current Net Operating Income of $227,228, verified and up to date. These are real numbers — no projections, no inflation, no guesswork. Positioned just blocks from the beach and offering expansive views of the Halifax River and Atlantic Intracoastal Waterway system, this five-story building attracts strong tenant demand while requiring minimal maintenance. While not directly waterfront, many units benefit from attractive river vistas, which enhance long-term leasing potential. Key investment highlights: • 25 Units: Mix of 1- and 2-bedroom layouts• Coin-operated laundry in the first-floor lobby• Concrete block construction for long-term (cont) " Elevator access, secure entry, and designated parking
" Located in a strong rental corridor with limited multifamily competition nearby
With a solid in-place income stream and no immediate capital improvements needed, this property is ideal for investors seeking reliable returns in a high-growth Florida market. At the asking price, this building delivers consistent cash flow with verified financials and a clean 6 percent cap rate.
Contact us today for the rent roll, expense breakdown, and to schedule a private tour of this high-performing asset
Location
State FL
County Volusia
Area 15 - Daytona Peninsula N Of Seabreeze
Direction Mason St east to Seabreeze Bridge . Left on Halifax Ave. 1.5 blocks N of Seabreeze Blvd
Region Daytona Beach
City Region Daytona Beach
Interior
Heating Central,Electric,Separate Meters
Cooling Central Air,Multi Units,Zoned
Flooring Tile,Vinyl
Heat Source Central,Electric,Separate Meters
Exterior
Parking Features Assigned,Off Street,Parking Lot,Varies by Unit
View Y/N No
Building
Lot Description Sprinklers In Front
Sewer Public Sewer
Level or Stories 5
Structure Type Block,Concrete
Others
Tax ID 5305-01-08-0023
Security Features Fire Alarm,Secured Lobby,Security Gate,Security Lights,Security System Owned,Smoke Detector(s)
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard