26-28 S Hollywood Ave

For Sale

26-28 S Hollywood Ave 5 UNIT MULTI-FAMILY

City:Daytona Beach

Land area:5,750 SF

Property Status: For Sale

Yoni Sunshine yoni@apexcapitalrealty.com

Jason Abitbol jason@apexcapitalrealty.com

Price $720,000

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Property Summary

NOI: $63,806

Zoning: BU

Description Apex Capital Realty is proud to present exclusively present 26-28 S Hollywood Avenue for sale. This 5 – unit Boutique multifamily is made up of 2 structures and is located in one of the best areas of Daytona Beach with the water being just a two-minute walk away.
This moderately updated property is now being offered at $720,000. The property consists of five one-bedroom, one-bathroom units with upgraded bathrooms electric systems and water heaters. All units are rented providing a steady cash flow with gross rental income of $84,600 a year.
Additionally, the property's BU zoning allows a buyer to operate this 5-unit building as a short-term rental or Airbnb, offering flexibility and potential for increased income. We need to verify this zoning allowance.
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: 3,126 SF

Total Lot Size: 5,750 SF

Property Highlights

5 (1BR)

Moderately Renovated units – with value-add potential

Upgraded electric

Renovated Bathrooms

New Flooring

New water heaters

Details Property size: 3,126 SF Property Status: For Sale Property Type: Multifamily Land Area: 5,750 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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26-28 S Hollywood Ave 5 UNIT MULTI-FAMILY Multifamily Yoni Sunshine 2 months ago $720,000