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21248017
21248018

1830 S Clyde Morris Blvd, Daytona Beach, FL 32119

DD
FL FL SL3221388
Epique Realty
SS
FL SL3369595
eXp Realty
Listed by Epique Realty, eXp Realty
$7,350,000
158 days on market
Updated 47 days ago

CASA ARIA Luxury Rental Homes

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 49,209
Units 50
Cap Rate 6.29%
NOI $462,456
Occupancy 88%
Pro-Forma Cap Rate 7.41%
Pro-Forma NOI $545,000
Price per SqFt $149
Class B
Year Built 1987
Year Renovated 2023
Acreage 10.000
Zoning mfr-20
Investment Type Stabilized
Occupancy Date 09/30/2025
Ownership 100%

Multifamily | 50 Units | $147,000/unit

Marketing description

CASA ARIA Luxury Rental Homes

CASA ARIA, a 50-unit Class B luxury apartment community positioned in the heart of Daytona Beach, Florida. This premier property offers modern 1-, 2-, and 3-bedroom floor plans thoughtfully designed to cater to a variety of resident needs. Spread across 10 acres of meticulously maintained grounds, the community features six beautifully renovated buildings, reflecting exceptional quality and care.

Key Highlights:

  • Diverse Unit Mix: Spacious and contemporary 1, 2, and 3-bedroom layouts.

  • Extensive Renovations: Significant upgrades (Interior / Exterior) completed in 2023/2024, enhancing appeal and resident satisfaction.

  • Prime Location: High visibility on Clyde Morris Boulevard with over 34,000 vehicles passing daily, offering unparalleled connectivity to major highways, Daytona Beach International Airport, business hubs, shopping, dining, and recreational venues.

  • Market Momentum: Located in a high-growth submarket fueled by strong economic development and population increases, ensuring sustained demand for quality housing.

  • Assumable Loan Opportunity: A rare chance to simplify the financing process and maximize investor returns.

Since the launch of its comprehensive renovation and beautification project in November 2023, CASA ARIA has experienced robust leasing growth, underscoring its position as a sought-after luxury rental destination.

CASA ARIA is more than an investment; it’s a gateway to owning a premier luxury community in one of Daytona Beach’s most desirable and dynamic neighborhoods. With its strategic location, upscale living experience, and enduring market potential, this property offers investors a unique opportunity to achieve both immediate and long-term returns.

Property Highlights

  • Modernized Units: 1-, 2-, and 3-bedroom floor plans with extensive renovations completed in 2024.

  • Prime Location: Excellent exposure on Clyde Morris Boulevard (34,000+ vehicles daily) with close proximity to major employers, universities, and entertainment districts.

  • Expansive 10-Acre Site: Six beautifully updated buildings offering quality construction and long-term value.

  • Thriving Submarket: Positioned in one of Florida’s fastest-growing regions, ensuring stable occupancy and continued rent growth.

    Operational Advantages:

    • 10 acres of meticulously maintained property with six renovated residential buildings

    • Robust infrastructure and modern amenities to meet the expectations of today's renters

Seize the chance to be part of Daytona Beach’s thriving real estate market—this is the investment opportunity you’ve been waiting for!

Investment highlights

Investment Highlights

Address:
1830 Clyde Morris Blvd, Daytona Beach, FL

Property Overview:

  • Asset Type: 50-unit Class B luxury apartment community

  • Unit Mix: Modern 1, 2, and 3-bedroom floor plans

  • Renovation Completion: Extensive upgrades in 2023 / 2024

Prime Location:

  • Located on Clyde Morris Boulevard, a high-visibility corridor with 34,000+ daily vehicles

  • Proximity to Daytona Beach International Airport, major highways (I-95 and I-4), business hubs, and retail centers

  • Convenient access to local amenities, including shopping, dining, and recreational opportunities

Economic and Demographic Strengths:

  • Situated in a high-growth submarket supported by strong economic development and population growth

  • Daytona Beach is a thriving destination for tourism, higher education, healthcare, and aerospace industries

Key Investment Features:

  1. Renovated Asset: Significant capital improvements provide a competitive edge in attracting and retaining tenants.

  2. Steady Leasing Growth: Ongoing demand for quality rental housing ensures consistent income potential.

  3. Assumable Loan Option: Simplifies financing for investors and enhances potential returns.

  4. Upscale Resident Experience: Renovated units and well-maintained grounds create a luxury lifestyle appeal.

  5. Future Market Appreciation: Positioned to benefit from Daytona Beach’s long-term economic expansion.

Operational Advantages:

  • 10 acres of meticulously maintained property with six renovated residential buildings

  • Robust infrastructure and modern amenities to meet the expectations of today's renters

Listing Contacts

DD
FL FL SL3221388
Epique Realty
SS
FL SL3369595
eXp Realty
Listed by Epique Realty, eXp Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$462,456.00
$38,538.00/mo

Valuation Metrics

0
DSCR
6.29%
Cap Rate
6.29%
ROI

Map

Zoning

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MFR-20 ResidentialMulti FamilyMultifamily Residential 20
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Dino Dodani
License
FL SL3221388
Brokerage
Serhant
Brokerage Phone
3866790888
Brokerage Address
37 North Orange Avenue
Name
Sean Sedita
License
SL3369595
Brokerage
EXP Realty, LLC
Brokerage Address
444 Seabreeze Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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