Description
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– Rare off-market 9-unit property located just a block and a half from the World’s Most Famous Beach
– Ideal for investors looking to expand rental portfolios or secure a steady income-producing asset
– Projected rental income of $8,100/month or $97,200/year across all units ($900/month average per unit)
– Strong tenant demand with limited supply in the area, ensuring consistent cash flow
– One unit in the main building experienced fire damage; estimated renovation budget of approximately $100,000
– Value-add opportunity for investors to unlock the property’s full potential
– Prime location, steps from the beach, boardwalk, and iconic Main Street, attracting tourists and seasonal workers
– Includes 2 buildings and a large off-street parking lot in the heart of Daytona Beach
– Recent renovations: Roof of the main building (2019), cottage roof (2023), and electrical updates (cottage fully, main building partially)
– Exclusive off-market opportunity—rare find in a sought-after coastal market
– Contact Vip Commercial Team at 407-453–3415 for more details.
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