732 N Halifax Avenue, Daytona Beach, FL

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$3,750,000

List Status: Active
732 N Halifax Avenue
Daytona Beach, FL 32118


Top Features
  • Subdivision: East Daytona
  • Built in  1963
  • Multi Family
Description
Turnkey 25-Unit Multifamily Investment - True 6 Percent CAP | River Views | $150 000 Per Door. Introducing 732 N. Halifax Avenue a fully completed 25-unit apartment building in Daytona Beach FL -now available for purchase at $3 750 000 ($150 000 per door). This stabilized income-producing asset offers a true 6P capitalization rate based on a current Net Operating Income of $227 228 verified and up to date. These are real numbers — no projections no inflation no guesswork. 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• Coin-operated laundry in the first-floor lobby• Concrete block construction for long-term (cont) " Elevator access secure entry and designated parking " 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 and a clean 6 percent cap rate. Contact us today for the rent roll expense breakdown and to schedule a private tour of this high-performing asset,Turnkey 25-Unit Multifamily Investment - True 6 Percent CAP | River Views | $150 000 Per Door. Introducing 732 N. Halifax Avenue a fully completed 25-unit apartment building in Daytona Beach FL -now available for purchase at $3 750 000 ($150 000 per door). This stabilized income-producing asset offers a true 6P capitalization rate based on a current Net Operating Income of $227 228 verified and up to date. These are real numbers — no project
Property Details
Additional Information
Area Major
15 - Daytona Peninsula N of Seabreeze
Area Minor
15 - Daytona Peninsula N of Seabreeze
Attached Garage YN
false
Bathrooms Total Decimal
26.0
Bathrooms Total Integer
26
Building Features Pool3
Lobby, Elevator, Elevator2, Laundry4, Laundry
Business Type Other37
Residential, Residential2
Construction Materials Other8
Block, Concrete
Contract Status Change Date
2025-05-27
Cooling Other7
Zoned, Multi Units, Central Air
Cooling YN
true
Current Use Other10
Residential
Currently Not Used Bathrooms Total
26.0
Currently Not Used Building Area Total
29102.0
Currently Not Used Building Name
Seabreeze residences
Days On Market
30
Documents Change Timestamp
2025-05-27T16:16:18Z
Existing Lease Type Other38
Other38, Other
Flooring Other13
Vinyl, Tile
General Property Information Building Area Source2
Public Records
General Property Information Directions
Mason St east to Seabreeze Bridge . Left on Halifax Ave. 1.5 blocks N of Seabreeze Blvd
General Property Information List PriceSqFt
128.86
General Property Information Number Of Units Total2
25.0, 25
General Property Information Senior Community YN
No, false
General Property Information Stories Total
5
General Property Information Waterfront YN
No, false
Heating Other16
Electric, Electric3, Central, Separate Meters, Separate Meters2
Heating YN
true
Internet Address Display YN
true
Internet Automated Valuation Display YN
true
Internet Consumer Comment YN
true
Internet Entire Listing Display YN
true
Listing Contract Date
2025-05-27
Listing Terms Other19
Cash, Conventional
Location Beach Area
true
Location Tax and Legal Country
US
Location Tax and Legal Parcel Number
5305-01-08-0023
Location Tax and Legal Tax Annual Amount
32812.1
Location Tax and Legal Tax Legal Description4
W 1/2 OF LOT 2 BLK 8 EAST DAYTONA PER OR 3955 PG 0204 PER DC 5413 PG 4838 PER OR 5413 PGS 4869-4872 INC PER OR 6008 PGS 3152-3153 PER OR 6633 PG 2945 PER OR 6773 PG 2513
Location Tax and Legal Tax Year
2024
Lock Box Type See Remarks
Combo
Lot Features Other18
Sprinklers In Front
Lot Size Area
0.43
Lot Size Square Feet
18761.29
Lot Size Units
Acres
Major Change Timestamp
2025-05-27T16:16:17Z
Major Change Type
New Listing
Mls Status
Active
Modification Timestamp
2025-05-27T16:24:57Z
On Market Date
2025-05-27
Operating Expense Includes Other39
Pest Control, Cable TV, Licenses, Pest Control4, Gardener, Maintenance, Trash, Maintenance Grounds, Trash3, WaterSewer, Utilities, Maintenance Grounds3, Insurance, Insurance4, Vacancy Allowance, Professional Management, Cable TV5, Water/Sewer
Owner Pays Other34
Pest Control, Water, Pest Control2, Water4
Possession Other22
Close Of Escrow
Security Features Other26
Security Gate, Security System Owned, Secured Lobby, Fire Alarm, Security Lights, Smoke Detector(s)
Sewer Unknown
Public Sewer
StatusChangeTimestamp
2025-05-27T16:16:16Z
Tenant Pays Other35
Cable TV, Electricity, Cable TV4, Electricity2
Unit 1 Details # Units (This Type)
8
Unit 1 Details Annual Rent
13800.0
Unit 1 Details Baths Total
1
Unit 1 Details Furnished3
Unfurnished
Unit 1 Details Unit ID
1 bedoom
Unit 1 Details Unit Remarks
n/a
Unit 1 Details Unit SqFt
675.0
Unit 2 Details # Units (This Type)2
13
Unit 2 Details Annual Rent2
16800.0
Unit 2 Details Baths Total2
2
Unit 2 Details Furnished4
Unfurnished
Unit 2 Details Unit ID2
2 bedroom
Unit 2 Details Unit Remarks2
n/a
Unit 2 Details Unit SqFt2
975.0
Unit 3 Details # Units (This Type)3
4
Unit 3 Details Annual Rent3
17700.0
Unit 3 Details Baths Total3
2
Unit 3 Details Furnished5
Unfurnished
Unit 3 Details Unit ID3
penthouse
Unit 3 Details Unit Remarks3
n/a
Unit 3 Details Unit SqFt3
1250.0
Unit 4 Details Annual Rent4
0.0
Unit 4 Details Furnished6
Unfurnished
Unit 4 Details Unit ID4
na
Unit 4 Details Unit Remarks4
na
Unit 4 Details Unit SqFt4
0.0
Unit 5 Details Annual Rent5
0.0
Unit 5 Details Furnished7
Unfurnished
Unit 5 Details Unit ID5
na
Unit 5 Details Unit Remarks5
na
Unit 5 Details Unit SqFt5
0.0
Unit 6 Details Annual Rent6
0.0
Unit 6 Details Furnished8
Unfurnished
Unit 6 Details Unit ID6
na
Unit 6 Details Unit Remarks6
na
Unit 6 Details Unit SqFt6
0.0
Unit 7 Details Annual Rent7
0.0
Unit 7 Details Furnished9
Unfurnished
Unit 7 Details Unit ID7
na
Unit 7 Details Unit Remarks7
na
Unit 7 Details Unit SqFt7
0.0
Unit 8 Details Annual Rent8
0.0
Unit 8 Details Furnished10
Unfurnished
Unit 8 Details Unit ID8
na
Unit 8 Details Unit Remarks8
na
Unit 8 Details Unit SqFt8
0.0
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MLS #1213846 Listing courtesy of Miller Real Estate And Assoc. provided by Daytona Beach Area Association Of REALTORS.

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