205 Shady Place, Daytona Beach, FL 32114

Daytona Beach
Local realty services provided by:ERA ONETEAM REALTY
205 Shady Place,Daytona Beach, FL 32114
$449,900
  • 6 Beds
  • 4 Baths
  • 2,160 sq. ft.
  • Multi-family
  • Active
Listed by: nathaniel ingram
Office: compass florida, llc.
MLS#:1231704
Source:FL_DBAAR

Price summary

  • Price:$449,900
  • Price per sq. ft.:$208.29

About this home

INVESTMENT OPPORTUNITY! Four-unit multifamily property at 205 Shady Pl in Daytona Beach offering immediate income and meaningful value-add potential. All four units are fully leased and secured by longtime leases, providing an established and stable rental history. The property generates a 5.45 CAP under current market conditions. For investors looking to increase returns, the property offers several opportunities for future income growth. Rents can potentially be increased toward current market levels, while the electrical service can be separated and individually metered for each unit, creating an opportunity to reduce owner-paid expenses. These improvements, combined with the existing rental income, provide an attractive value-add investment strategy. With four occupied units, established tenancy, existing cash flow, and multiple avenues for improving the property's financial performance, this property is well suited for both experienced multifamily investors and those looking to...

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Home facts

  • Year built:1950
  • Subdivision & Development:Not In Subdivision
  • Listing ID #:1231704
  • Added:8 day(s) ago
  • Updated:October 21, 2026 at 03:14 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,160 sq. ft.

Structure and exterior

  • Year built:1950
  • Building area:2,160 sq. ft.
  • Lot area:0.11 Acres

Finances and disclosures

  • Price:$449,900
  • Price per sq. ft.:$208.29
  • Tax amount:$5,569 (2025)

Parking

  • Parking description:Off Street

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