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Investment Highlights

  • 4 rental units plus 1 car garage that could possibly be converted to a 5th efficiency unit or lease as a garage for additional income

Executive Summary

Rare beachside income opportunity — just 2 blocks from the ocean! This well-performing 4-unit investment property will potentially deliver $5,600/month or more in gross rental income with an expense structure that puts more money in your pocket: all four tenants pay their own power (4 separate meters), keeping landlord overhead to approximately $350/month in water costs. A detached 1-car garage offers serious upside — convert it to a 5th efficiency unit, expand the current unit immediately next door, or lease it as-is for additional cash flow. One tenant even handles basic lawn maintenance, making this a truly low-management asset. Whether you're a seasoned investor or looking to house-hack near the beach, this property checks every box. This is an accessible deal that won't last long. Call today before it's too late! **Financials within this listing are Pro-Forma. 2 units are currently vacant. The two rear/garage units are currently leased Month-To-Month to long term tenants at below market rates of $900 and $1,050**

Financial Summary (Pro Forma - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $611,492 CAD
Price Per Unit $152,873 CAD
Sale Type Investment
Sale Conditions
Distress Sale
  • Deferred Maintenance
  • High Vacancy Property
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Single-Family Home
Lot Size 0.18 AC
Building Size 2,842 SF
Average Occupancy 100%
No. Stories 2
Year Built 1908
Zoning MFR up to 10 UNITS - Multifamily Residential

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $1,851 CAD -
2+1 1 $1,708 CAD -
1+1 1 $1,566 CAD -
3+1 1 $2,847 CAD -
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
5309-13-01-0090
Land Assessment
$213,154 CAD (2026)
Improvements Assessment
$466,363 CAD (2026)
Total Assessment
$679,516 CAD (2026)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 38625243

  • Date on Market: 2025-12-02

  • Last Updated:

  • Address: 413 Vermont Ave, Daytona Beach, FL 32118

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