Three-Unit Triplex Near
For Sale
$325,000
130 Boynton Boulevard, Daytona Beach, FL 32118
Residential Income, Daytona Beach, FL
Property Size1,440 SF
Lot Size0.20 Acres
Price / SF$225.69
Days on Market123
Property Features for 130 Boynton Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 1
Parking features
On Street, Carport
Appliances
Refrigerator, Electric Range
Subdivision
Loudel
Lot features
Corner Lot
Elementary school
R J Longstreet
Middle school
Campbell
High school
Mainland
Directions
From east on ISB to south on Peninsula, left on Adele, right on Boynton. On the corner of Boynton/Adele
Standard status
Active
APN
5316-27-00-0150
Size
1,440 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 15 LOUDEL SUB MB 19 PG 59 PER OR 6487 PG 140 PER OR 8062 PG 0597
Tax Annual Amount
5316
Legal Description
LOT 15 LOUDEL SUB MB 19 PG 59 PER OR 6487 PG 140 PER OR 8062 PG 0597
Utilities
Sewer type
Public Sewer
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1956
Floors in Building
1
Number of units
3
Flooring type
Terrazzo
Building materials
Block
Roof type
Shingle
Listing Agency:
Adams, Cameron & Co., Realtors
(386) 761-6100
Listed By:
Alice Cooper LLC · License #3271633
(386) 316-5966
Added: May 8
Changed: Aug 20
Last Checked: Sep 7 at 7:06PM
MLS# 1226202
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.
Investment Insights
Based on property information with market context.
This 1,440-square-foot triplex contains three independent residences: a 2-bedroom, 1-bath unit, a 1-bedroom, 1-bath unit, and a studio. The 1956 block construction includes terrazzo flooring, shingle roofing, wall or window cooling units, and a 1-car carport, with additional on-street parking. Refrigerators and electric ranges are present, while public water and public sewer serve the property.
The corner lot measures 0.2 acres and sits 1 block from the beach and 2 blocks from the Intracoastal. Dining, shopping, riverfront activities, and local attractions are identified nearby. The property has no HOA restrictions and is located in Daytona Beach, Florida.
The corner lot measures 0.2 acres and sits 1 block from the beach and 2 blocks from the Intracoastal. Dining, shopping, riverfront activities, and local attractions are identified nearby. The property has no HOA restrictions and is located in Daytona Beach, Florida.
Key Highlights
- Three separate units: 2‑bedroom/1‑bath, 1‑bedroom/1‑bath, and studio
- Located 1 block from the beach and 2 blocks from the Intracoastal
- 0.2‑acre corner lot with a 1‑car carport and on‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,632
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$252,640
$252.6K
Cap Rate 7%
$180,457
$180.5K
Cap Rate 9%
$140,356
$140.4K
Market Conditions
NOI Build-Up for 1,440 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$20.0K $13.92/SF
− Vacancy
−$2.0K −$1.39/SF
EGI
$18.0K $12.53/SF
− OpEx
−$5.4K −$3.76/SF
NOI
$12.6K $8.77/SF
Area
Volusia County, FL
Vacancy
9.97%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$252,640
Cap Rate 7%
$180,457
Cap Rate 9%
$140,356
Alternative Uses
Best Use
Multifamily LT 5
$180.5K
$157.9K – $210.5K
NOI $12,632 @ 7.0% cap · market cap 3.89%
Second Best
Apartment 5plus
$156.8K
$137.2K – $182.9K
NOI $10,973 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$424.6K
$371.5K – $495.4K
NOI $29,722 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
Explore this area
Business Placement
Demographics for 32118, FL
17,906
Population
16,390
Households
1.1
Avg Household Size
58
Median Age
31%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
4,263
Density / Sq Mi
$60,418
Median Household Income
$36,153
Median Earnings
$1,283
Median Rent
$339,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Separate residences offer varied layouts with beachside access, a corner-lot setting, and no HOA restrictions.
Where is this triplex located?
The property is located at 130 Boynton Boulevard Daytona Beach, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Three separate units: 2‑bedroom/1‑bath, 1‑bedroom/1‑bath, and studio; Located 1 block from the beach and 2 blocks from the Intracoastal; 0.2‑acre corner lot with a 1‑car carport and on‑street parking
