212 S Oleander Ave

For Sale

212 S Oleander Avenue

212 S Oleander Ave 4-Unit Multi-Family

City:Daytona Beach

Land area:5,200 SF

Property Status: For Sale

Yoni Sunshine yoni@apexcapitalrealty.com

Jason Abitbol jason@apexcapitalrealty.com

Price $570,000

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Property Summary

Parking: 1 spot per unit on site

NOI: $47,972

Zoning: RDB6

Cap Rate: 8.42%

Description Apex Capital Realty is proud to exclusively present 212 S Oleander Avenue for sale. This 4 – unit Boutique building is located in one of the best areas in Daytona Beach with the water being just a two-minute walk away.
This moderately updated property is now being offered at $570,000. The property consists of four one-bedroom, one-bathroom units, each boasting a beautiful, private porch. All units are rented providing a steady cash flow with gross rental income of $61,800 a year.
With its proximity to one of Volusia County's most stunning beaches and the high demand for quality rentals, prices have steadily risen and are expected to continue doing so for the foreseeable future. Middle-income multifamily properties in desirable neighborhoods like this one have demonstrated strong performance and resilience, even in down markets.

Lot & Building Size Breakdown:

Total Building Size: 2,856 SF

Total Lot Size: 5,200 SF

Property Highlights

4 (1BR)

Moderately Renovated units with value add potential

Beautiful Porch for every unit

New Water Heater

New Flooring

Ample Parking

Details Property size: 2,856 SF Property Status: For Sale Property Type: Multifamily Land Area: 5,200 SF

Address City: Daytona Beach State/country: Florida

Documents Property Brochure download

Listing Agents

Yoni Sunshine Commercial Advisor

216 973 9534 yoni@apexcapitalrealty.com

Jason Abitbol Commercial Advisor

(561) 542-3704 jason@apexcapitalrealty.com

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212 S Oleander Ave 4-Unit Multi-Family Multifamily Yoni Sunshine 2 months ago $570,000