Property Description

TRIPLE CROWN OFFERING! Rare, turnkey beachside triplex delivering an immediate 6.6 CAP rate and positive cash flow from day one, with potential gross income of approximately $90,000+ annually based on market comparisons. This fully renovated property features three highly desirable 2BR/2BA residences with modern coastal finishes and no deferred maintenance. The front single-family home (approx. 1,100 SF) includes a bonus room/office and private washer/dryer hookups. The rear building offers two identical 2BR/2BA units (upstairs and downstairs) totaling approximately 1,300 SF, plus a shared laundry facility. Prime location directly across from Daytona Lagoon and just steps to the Atlantic Ocean, Ocean Center, restaurants, and entertainment. An exceptional turnkey investment opportunity in the heart of Daytona Beach. Unit 205 - Front Single-Family Residence (Approx. 1,100 SF)2 Bedrooms | 2 Bathrooms | Flexible Bonus RoomThis beautifully renovated single-family residence has been completely transformed with luxury coastal finishes throughout while preserving its beachside charm. The flexible bonus room is ideal for a home office, media room, or additional sleeping area. Unlike the rear units, this residence includes its own private washer and dryer hookups, eliminating the need to use the shared exterior laundry.Units 207A & 207B - Rear Duplex (Approx. 1,300 SF Total)Two Separate 2 Bedroom | 2 Bathroom ResidencesThese identical upper and lower residences offer efficient layouts, durable upscale finishes, and broad rental appeal. Designed for easy ownership and long-term performance, they attract vacation renters, professionals, and seasonal residents alike.Exceptional Beachside LocationLocated within one of Daytona Beach's most walkable entertainment districts, the property benefits from year-round demand.Directly across from Daytona Lagoon Waterpark.Short walk to the Atlantic Ocean.Minutes to the Ocean Center and Peabody Auditorium.Walking distance to restaurants, nightlife, and entertainment.Shared outdoor laundry facility available for the rear duplex units.The Bottom LineInvestment opportunities offering this level of quality, location, and operational efficiency are becoming increasingly difficult to find along Florida's coast. With immediate cash flow, a strong in-place CAP rate, and the potential to substantially increase gross revenue through market-rate leasing, 205 N Wild Olive represents an exceptional acquisition opportunity for investors seeking both stability and upside.

Property Features