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313 N Oleander Ave 3 Unit Apartment Building $677,282 CAD ($225,761 CAD/Unit) 8% Cap Rate Daytona Beach, FL 32118
Investment Highlights
- Heart of the Daytona Beach Tourist Area
- Central to All Daytona's Beachside Activities.
- Convenient Location for Service Industry Staff and Retirees.
Executive Summary
This fully occupied, income-producing multifamily asset sits in the heart of Daytona Beach’s vibrant tourist district. Boasting an attractive 8% cap rate and 100% occupancy, the property offers three rental units: two studios and one one-bedroom unit, ideal for consistent long-term income. Located just steps from renowned beachfront attractions, dining, entertainment venues, and seasonal events, it provides unbeatable proximity to Daytona Beach’s thriving hospitality economy.
Property Facts
| Price | $677,282 CAD | Building Class | C |
| Price Per Unit | $225,761 CAD | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 1,272 SF |
| Cap Rate | 8% | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1922/2016 |
| Property Subtype | Apartment | Parking Ratio | 0.79/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | 02RP - Redevelopment Area-Multifamily | ||
| Price | $677,282 CAD |
| Price Per Unit | $225,761 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 1,272 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1922/2016 |
| Parking Ratio | 0.79/1,000 SF |
| Zoning | 02RP - Redevelopment Area-Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Oven
- Range
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 324 - 396 |
| 1+1 | 1 | - | 552 |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5305-11-16-0051 | Improvements Assessment | $294,515 CAD |
| Land Assessment | $57,947 CAD | Total Assessment | $352,462 CAD |
Property Taxes
Parcel Number
5305-11-16-0051
Land Assessment
$57,947 CAD
Improvements Assessment
$294,515 CAD
Total Assessment
$352,462 CAD
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313 N Oleander Ave
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