3 Buildings (30) Bed Rental Property FOR SALE


Daytona Beach, FL - Greater Daytona
$1,650,000 USD
386-852-7932
, Daytona Beach, FL for Sale
$1,650,000 USD
FOR SALE
1/26
null | 8.79% Cap Rate

3 Buildings (30) Bed Rental Property
Daytona Beach, FL
Greater Daytona


HIGHLIGHTS

  • 3 - Real Properties plus 3 Vacant Lots for expansion
  • Turn Key Operation
  • Close to the Airport, Colleges, Speedway & Beach

OVERVIEW

DEAL ALERT — 315 LIVE OAK AVE, 404 & 408 S RIDGEWOOD AVE, DOWNTOWN DAYTONA BEACH List Price: $1,650,000 — All Cash Fully Furnished & Turnkey ($100,000 in furnishings included at no additional cost) In-Place (T-12-Month) NOI ˜ $145,000 — ˜ 8.8% cap at the ask, trending toward 10% A stabilized, professionally managed, cash-flowing portfolio — priced on its actual, verifiable numbers. Three fully renovated buildings. Thirty income-producing bedrooms across a historic Victorian, a co-living house, and a single-family home. 1.5 acres with 164 feet of US-1 (Ridgewood) frontage in the heart of Downtown Daytona Beach — operated on PadSplit, the largest co-living platform in the country, under professional third-party management, and producing real cash flow today. This is not a lease-up you must finish or a turnaround you must execute. Stabilization is already done, and it is in the actual trailing-twelve-month revenue of $243,000 +/- and in-place NOI of $145,000 +/-, with the first half of 2026 running at a $165,000+/- annualized NOI pace. You are buying proven income, fully furnished, hands-off from day one. To find out much more please click the 1st attachment starting with Deal Alert. This will include Terms, Financial Summary and information about the 3 Assets.

ASK ABOUT THIS PROPERTY

Dan Lyonnais, CCIMAdams Cameron & Co., Realtors-Commercial DivisionMore Info
386-852-7932

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Dan Lyonnais, CCIMAdams Cameron & Co., Realtors-Commercial DivisionMore Info
386-852-7932

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.