732 N Halifax Avenue, Daytona Beach, FL 32118
Local realty services provided by:ERA Grizzard Real Estate
732 N Halifax Avenue,Daytona Beach, FL 32118
$3,750,000
- 37 Beds
- 37 Baths
- 26,470 sq. ft.
- Multi-family
- Pending
Listed by: matt gomes
Office: miller real estate and assoc.
MLS#:1214090
Source:FL_DBAAR
Price summary
- Price:$3,750,000
- Price per sq. ft.:$128.86
About this home
Turnkey 25-Unit Multifamily Investment - True 6 Percent CAP | River Views | $150,000 Per Door. Introducing 732 N. Halifax Avenue, a fully completed 25-unit apartment building in Daytona Beach, FL -now available for purchase at $3,750,000 ($150,000 per door). This stabilized, income-producing asset offers a true 6P capitalization rate based on a current Net Operating Income of $227,228, verified and up to date. These are real numbers — no projections, no inflation, no guesswork. Positioned just blocks from the beach and offering expansive views of the Halifax River and Atlantic Intracoastal Waterway system, this five-story building attracts strong tenant demand while requiring minimal maintenance. While not directly waterfront, many units benefit from attractive river vistas, which enhance long-term leasing potential. Key investment highlights: • 25 Units: Mix of 1- and 2-bedroom layouts• Coin-operated laundry in the first-floor lobby• Concrete block construction for long-term (cont) " Elevator access, secure entry, and designated parking
" Located in a strong rental corridor with limited multifamily competition nearby
With a solid in-place income stream and no immediate capital improvements needed, this property is ideal for investors seeking reliable returns in a high-growth Florida market. At the asking price, this building delivers consistent cash flow with verified financials and a clean 6 percent cap rate.
Contact us today for the rent roll, expense breakdown, and to schedule a private tour of this high-performing asset.
Contact an agent
Home facts
- Year built:1963
- Listing ID #:1214090
- Added:234 day(s) ago
- Updated:October 19, 2025 at 07:20 AM
Rooms and interior
- Bedrooms:37
- Total bathrooms:37
- Full bathrooms:37
- Living area:26,470 sq. ft.
Heating and cooling
- Cooling:Central Air, Multi Units
- Heating:Central, Electric
Structure and exterior
- Year built:1963
- Building area:26,470 sq. ft.
- Lot area:0.43 Acres
Finances and disclosures
- Price:$3,750,000
- Price per sq. ft.:$128.86
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