Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1220 Dixie Avenue Holly Hill, FL 32117

    View on Map
    New
    For Sale
    $260,000

    MULTI_FAMILY - Holly Hill, FL

    Property size:
    1,252 SF
    Lot size:
    0.20 Acres
    Added:
    Mar 27, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 1 at 2:06 am

    Property Features for 1220 Dixie Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1
    Parking features
    Off Street
    Appliances
    Refrigerator, Electric Range
    Standard status
    Active
    APN
    4242-34-02-0060
    Size
    1,252 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    LOTS 6 & 7 BLK B DIXIE PARK HOLLY HILL MB 7 PG 89 MB 14 PG 126 PER OR 4859 PG 3111 PER OR 7983 PG 2073 PER OR 8427 PG 2341
    TaxAnnualAmount
    3985

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Wood
    Building materials
    Block
    Roof type
    Shingle

    We can help!

    Listing Contact
    Dawn Beltrami
    Dawn Beltrami

    Listing agent Dawn Beltrami License #SL703541

    Listing office RE/MAX Signature 1134 W Granada Blvd, Daytona Beach Shores, FL

    Listing date Mar 27, 2026

    MLS# 1224575

    Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Holly Hill Multifamily with Income

    This property features a main house with 2 bedrooms and 1 bathroom, complemented by a detached garage apartment offering a separate living space. The main house retains original hardwood floors, contributing to its character. Abundant windows provide ample natural light. A spacious patio/porch is suitable for relaxation. The property includes a large carport with an attached workshop, and a fenced backyard with a fire pit. A tenant is already in the garage apartment, providing immediate rental income. The property is located a few blocks from the river. The property has a newer roof and A/C. The main house has 1252 square feet of living space on a 0.2-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Holly Hill
    County
    Volusia
    State
    Florida
    Longitude
    -81.0584
    Latitude
    29.2334

    Nearby Similar for Sale

    • $699,900
      7,172 SF

      Mixed-Use Commercial Building For Sale

      Versatile commercial building with retail, office, and warehouse space.
      529 Ridgewood Avenue, Holly Hill, FL 32117
      View Details
    • $800,000
      440 SF

      Holly Hill Car Wash For Sale

      Self-service car wash with high traffic location in Holly Hill.
      1451 N Nova Road, Holly Hill, FL 32117
      View Details
    • $230,000
      2,515 SF

      Commercial Duplex in Holly Hill

      Income-producing commercial duplex with restaurant and office spaces.
      486 Lpga Boulevard, Holly Hill, FL 32117
      View Details
    • $1,200,000
      12,518 SF

      Mixed-Use Property in Holly Hill

      Mixed-use property in redevelopment area with income and growth potential.
      468 Ridgewood Avenue, Holly Hill, FL 32117
      View Details
    • $1,300,000
      4,086 SF

      Holly Hill Investment Opportunity

      Versatile property with income potential in Holly Hill, Florida.
      1245 Ridgewood Avenue, Holly Hill, FL 32117
      View Details
    • $239,000
      1,300 SF

      Holly Hill Duplex Investment Opportunity

      Duplex with two units, new roof, great location.
      815 8th Street, Holly Hill, FL 32117
      View Details
    • $200
      14,492 SF

      Office Space on Ridgewood Avenue

      Office spaces for lease on Ridgewood Avenue in Holly Hill.
      1501 Ridgewood Avenue, Holly Hill, FL 32117
      View Details
    • $1,100,000
      4,513 SF

      Freestanding Building on Signalized Corner

      4,513 SF building on 1.17+/- acres with six drive-thru lanes.
      1600 Ridgewood Avenue, Holly Hill, FL 32117
      View Details
    • $1,850,000

      Updated Historic Professional Center

      Updated, historic-designated building with modern functionality and river views.
      1112 Riverside Dr, Holly Hill, FL, 32117-2724
      View Details
    • $230,000
      1,377 SF

      Daytona Beach Duplex Investment

      Duplex near beach and river, tenants in place.
      1136-1138 HOLLY AVENUE, HOLLY HILL, FL 32117
      View Details
    • $1,100,000
      4,513 SF

      Freestanding Building on Signalized Corner

      4,513 SF building on 1.17 acres with six drive-thru lanes.
      1630 Ridgewood Ave, Holly Hill, FL
      View Details
    • $2,400,000
      124,000 SF

      Holly Hill Commercial Property

      Commercial property for sale in Holly Hill, Florida.
      1704 N Nova Rd, Holly Hill, FL 32117
      View Details

    FAQs

    What type of property is this?
    Duplex - Charming multifamily property with rental income potential near the river.
    Where is this duplex located?
    The property is located at 1220 Dixie Avenue Holly Hill, FL.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: Rental income from detached garage apartment with existing tenant.; Newer roof and A/C.; Main house with 2 bedrooms and 1 bathroom.
    (386) 235-4691
    We can help!
    Listing Contact
    Dawn Beltrami
    Dawn Beltrami
    Real Estate License ID: SL703541
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!