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205 N Wild Olive Avenue, Daytona Beach, FL 32118

$748,500
  • 205 N Wild Olive Avenue, Daytona Beach, FL 32118 Main Photo

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Active
BEDS6 BATHS6 full SQUARE FEET2,370 MLS#1228771
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMemento

Property Description

Owner Financing May be available with acceptable terms TRIPLE CROWN OFFERING! Rare, turnkey beachside triplex delivering a 7.8 percent potential CAP rate and positive cash flow, with potential gross income of $90,000+ annually based on market projections. Fully renovated with three desirable 2BR/2BA units featuring modern coastal finishes and zero deferred maintenance. Front Residence (1,100 SF): 2BR/2BA + bonus room/office & private laundry hookups. Rear Duplex (1,300 SF Total): Two identical 2BR/2BA units + shared laundry. Prime location directly across from Daytona Lagoon Waterpark and steps from the Atlantic Ocean, Ocean Center, dining, and entertainment. Seller Concession: With an acceptable offer, seller will pay the buyer's adjusted property taxes and homeowner's insurance for the ensuing 12 months at closing! A rare turnkey investment opportunity offering strong pro-forma yields, upside, and immediate cash flow potential in the heart of Daytona Beach! Unit 205 - Front Single-Family Residence (Approx. 1,100 SF) 2 Bedrooms | 2 Bathrooms | Flexible Bonus Room This 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 Residences These 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 Location Located 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 Line Investment 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.

205 N Wild Olive Avenue | MLS# 1228771

This multi-family property located at 205 N Wild Olive Avenue, Daytona Beach, FL 32118 is currently listed for sale with an asking price of $748,500. Search Daytona Beach real estate on www.adamscameroncommercial.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Split System, Wall/Window Unit(s)
Heating: Individual
Lot Size: 0.14 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $2,846

Feature Descriptions

Appliances: Electric Oven
Days on Site: 94
Directions: From the intersection of A1A and Earl Street, head west on Earl Street. Turn right onto N. Wild Olive Avenue. The triplex is the third property on the left.
Exterior: Cement Siding
Exterior Amenities: Courtyard
Fireplace: Wood Burning
Flooring: Laminate
Laundry: Common Area, Multiple Locations
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot: Other
Parcel #: 5305-12-22-0180
Parking: On Street, Shared Driveway
Property Attached Y/N: No
Property Sub-Type: Triplex
Road Frontage: City Street
Sewer: Public Sewer
SQFT Total: 2626
Units: 3
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public

Listed By / Shown By

Listed By

Agency Name: Realty Pros Commercial

Shown By

Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120

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Estimated Payment

$ 4,439.31 per month $3,983.83 Principal & Interest $237.17 Property Tax $218.31 Homeowner's Insurance

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