Updated Triplex Investment
For Sale
$365,000
314 Cottrill Avenue, Daytona Beach, FL 32114
MULTI_FAMILY - Daytona Beach, FL
Property Size2,478 SF
Lot Size0.13 Acres
Price / SF$147.30
Days on Market71
Property Features for 314 Cottrill Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
9
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 4, Bedroom 2, Bathroom 4, Bedroom 9, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 6, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 8, Bedroom 5
Parking features
Guest, RV, Off Street
Exterior features
Balcony
Fencing
Fenced
Appliances
Refrigerator, Electric Water Heater, Electric Range
Subdivision
Colemans
Elementary school
Palm Terrace
Middle school
Campbell
High school
Mainland
Directions
From I-95 and ISB go East on ISB 4.7 Miles; Left on US1; Left on Fairview Ave; Right on Segrave St; Right on Cottrill.
Standard status
Active
APN
5338-54-00-0050
Size
2,478 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
38-15-33 LOT 5 COTTRILL SUB MB 6 PG 155 MB 15 PG 111 OF COLEMANS DAYTONA MB 1 PG 155 MB 12 PG 33 PER OR 4529 PG 2228 PER OR 6997 PGS 4583-4584 PER OR 7143 PG 3092 PER OR 8056 PG 2018 PER OR 8273 PG 2707 PER OR 8290 PG 0340 PER OR 8547 PG 3070
Tax Annual Amount
4921
Legal Description
38-15-33 LOT 5 COTTRILL SUB MB 6 PG 155 MB 15 PG 111 OF COLEMANS DAYTONA MB 1 PG 155 MB 12 PG 33 PER OR 4529 PG 2228 PER OR 6997 PGS 4583-4584 PER OR 7143 PG 3092 PER OR 8056 PG 2018 PER OR 8273 PG 2707 PER OR 8290 PG 0340 PER OR 8547 PG 3070
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1923
Number of units
3
Building materials
Stucco
Roof type
Shingle
Listing Agency:
Keller Williams Realty Florida Partners
(386) 944-2800
Listed By:
Mike Bretzel
(386) 631-5757
Added: May 26
Changed: Jul 18
Last Checked: Aug 4 at 3:06AM
MLS# 1226873
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 updated multi-unit property presents a turnkey triplex investment opportunity with strong income potential. The property features two upgraded structures situated on an oversized, fenced parcel. The property's BP zoning allows for multiple potential uses. Currently, two units are tenant-occupied, while the third vacant unit offers the opportunity to increase rental income. Separate electric meters simplify management, with tenants responsible for their own electric usage. The front home includes 3 bedrooms, a large living area, and a full bath. The rear building contains an upstairs private-access 4-bedroom unit and a downstairs 2-bedroom unit. An additional utility room and a garage/oversized storage area are located beneath the upper unit. The property is located minutes from the beach, Intracoastal Waterway, One Daytona, Daytona International Speedway, Daytona State College, Embry-Riddle, Tanger Outlets, restaurants, and entertainment. The property is located in Daytona Beach, Florida, in Volusia County. The lot size is 0.13 acres, and the property size is 2478 square feet.
Key Highlights
- Triplex with 3 units: 3‑bedroom front home, upstairs 4‑bedroom rear unit with private access, and downstairs 2‑bedroom rear unit
- Two units are tenant occupied and the third unit is vacant
- Separate electric meters for the units (tenants responsible for their own electric usage)
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.5k | $13.92 |
| − Vacancy | −$3.4k | −$1.39 |
| EGI | $31.1k | $12.53 |
| − OpEx | −$9.3k | −$3.76 |
| NOI | $21.7k | $8.77 |
2,478 SF · lease $13.92/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$310.5K
$271.7K – $362.3K
NOI $21,738 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$269.7K
$236.0K – $314.7K
NOI $18,882 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$730.7K
$639.3K – $852.4K
NOI $51,146 @ 7.0% cap · market cap 14.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,126
Businesses Nearby
Explore this area
Business Placement
Demographics for 32114, FL
34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
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 - Turnkey triplex with strong income potential near Daytona Beach.
Where is this triplex located?
The property is located at 314 Cottrill Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Triplex with 3 units: 3‑bedroom front home, upstairs 4‑bedroom rear unit with private access, and downstairs 2‑bedroom rear unit; Two units are tenant occupied and the third unit is vacant; Separate electric meters for the units (tenants responsible for their own electric usage)
