732 N Halifax Avenue, Daytona Beach, FL 32118

$3,499,999

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Property Description

Turnkey 25-Unit Multifamily Investment - River Views . Introducing 732 N. Halifax Avenue, a fully completed 25-unit apartment building in Daytona Beach, FL -now available for purchase. 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, All units central AC, concrete block construction, 30 year roof installed 2012 no leaks, elevator 2012 piston replaced 2023 $65,000 good for 60-70 years, updated windows 2012, 20 of 25 units have outside balconies, seller owned washer & dryer 4 each coin operated laundry room, on site office & spacious shop/ store room. FPL installed new service street to weather-head 2022, (cont..) 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.Contact us today for the rent roll, expense breakdown, and to schedule a private tour of this high-performing asset.

732 N Halifax Avenue | MLS# 1230309

This multi-family property located at 732 N Halifax Avenue, Daytona Beach, FL 32118 is currently listed for sale with an asking price of $3,499,999. Search Daytona Beach real estate on www.janshields.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Multi Units, Separate Meters, Individual
Fuel Type: Electric
Heating: Central, Electric
Lot Size: 0.43 Acres
Roof Type: Membrane, Other
Stories: 3.0
Taxes: $35,227
Year Built: 1963
Square Feet: 25,108

Feature Descriptions

Appliances: Refrigerator, Microwave, Electric Range
Days on Site: 7
Directions: Mason St east to Seabreeze Bridge . Left on Halifax Ave. 1.5 blocks N of Seabreeze Blvd
Exterior: Block, Concrete
Exterior Amenities: Balcony, Impact Windows
Flooring: Tile
Laundry: Lower Level, Common Area
Listing Terms: Cash, Conventional
Lot: Sprinklers In Front
Parcel #: 5305-01-08-0023
Parking: Assigned, Covered, Off Street, Parking Lot
Property Attached Y/N: No
Property Sub-Type: Multi Family
Road Frontage: City Street
Road Surface: Asphalt
Security Features: Closed Circuit Camera(s), Secured Lobby, Security Gate, Security Lights, Security System Owned, Smoke Detector(s)
Sewer: Public Sewer
SQFT Total: 27740
Tenant Pays: Cable TV, Electricity
Units: 25
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public

Listed By / Shown By

Listed By

Agency Name: Miller Real Estate and Assoc.

Shown By

Agent Name: Jan Shields
Agent Phone: (904) 891-6331
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 21,599.11 per month $17,642.70 Principal & Interest $2,935.58 Property Tax $1,020.83 Homeowner's Insurance

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