Executive Realty Network
Listed by Executive Realty Network
$499,999
Duplex Across street from Ocean
Details
APN 5309-16-00-0190
Property Type Multifamily, Senior Living
Sub Type Apartment Building, Student Housing
Square Footage 2,154
Net Rentable (SqFt) 2,154
Units 2
Beds 5
Cap Rate 6.58%
NOI $32,900
Occupancy 100%
Price per SqFt $232
Broker Co-Op Yes
Class B
Year Built 1915
Year Renovated 2025
Buildings 1
Stories 2
Lot Size (SqFt) 0.12
Zoning Medium Density Residential
Parking Spaces 5 per unit
Investment Type Owner/User
Occupancy Date 03/22/2026
Ground Lease Yes
Ownership Fee Simple
Sale Condition For sale by owner
Multifamily | 2 Units | $250,000/unit
Marketing description
Duplex Across the Street from the Ocean, 524 Phoenix Ave, Daytona Beach, FL 32118. Total 2154sf Heated Living. Lot size 67ft frontage by 80ft Deep. 2 Story, each unit on each Floor. Each Unit has own entrance, kitchen, and laundry room. 5 parking spaces, with fenced in front yard. Roof is less than 5 years old. New PVC Plumbing throughout the house. New Windows less than 5 years old.
Unit Upstairs rented at $1600 per month
Downstairs rented at $2600 per month
Appointment only fully rented
Investment highlights
Across the street of Ocean
Upstairs rented at $1600 per month, superate entrance, deck, laundry room, kitchen, and bathroom 680sf
Downstairs rented at $2600 per month, 3 bedroom 2 bath, laundry room, full kitchen, 2 bathrooms, 1490sf
Listing Contacts
Executive Realty Network
Listed by Executive Realty Network
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$32,900.00
$2,741.67/mo
Valuation Metrics
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DSCR
6.58%
Cap Rate
6.58%
ROI
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