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$ 3,750,000

Est. payment -/mo

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Active

732 N Halifax AVE Daytona Beach, FL 32118

26 Baths

29,102 SqFt

UPDATED:

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

Listed by Matt Gomes • Miller Real Estate and Assoc.

Get CASH back at closing when Precision Approach Realty helps you BUY!

Average of $2,250 cash back per market prices and commissions.

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Bryan Fangman

Broker / Owner | License ID: BK679904

+1(407) 513-2124

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