413 Vermont Ave - Apartments FOR SALE


Daytona Beach, FL 32118- Daytona Beach Shores
$429,500 USD
407-758-3166
413 Vermont Ave, Daytona Beach, FL for Sale
$429,500 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

413 Vermont Ave
Daytona Beach, FL 32118
Daytona Beach Shores


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

OVERVIEW

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**

FOR SALE DETAILS

PRICE

$429,500 USD

PRICE/SF

$151 USD /SF

# OF UNITS

4

PRICE/UNIT

$107,375

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,660 SF

ZONING

MFR up to 10 UNITS

APN/PARCEL ID

5309-13-01-0090

ASK ABOUT THIS PROPERTY

Matt WhiteSloane Realty, LLC / Matthew WhiteMore Info
407-758-3166

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Matt WhiteSloane Realty, LLC / Matthew WhiteMore Info
407-758-3166

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