Quadplex with Detached
415 VERMONT AVENUE, Daytona Beach, FL 32118
New
Quadruplex - DAYTONA BEACH, FL
Type:Quadruplex
Property size:
2,540 SFLot size:
0.17 AcresPrice / SF:
$168/SF- Added:
- Jun 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 415 VERMONT AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- RES < 10
- Bedrooms
- 8
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Garage, Garage - Attached
- Interior features
- Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Walk-in Closet(s)
- Exterior features
- Fence, Private Entrance, Private Mailbox, Private Yard, Sidewalk
- Fencing
- Fenced
- Fireplace
- 1
- Standard status
- Active
- APN
- 09-15-33-13-01-0090
- Size
- 2,540 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6682.66
Utilities
- Heating system
- Central, Ductless (Heating), Electric (Heating), Fireplace(s)
- Cooling system
- Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1908
- Number of units
- 4
- Building materials
- Frame, Wood Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Matt White License #3106449 (407) 758-3166
Listing office SLOANE REALTY, LLC 319 S ELM, Sanford, FL (407) 829-2418
Listing date Jun 24, 2026
MLS# O6419103
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4‑unit income property built in 1908, with frame construction and wood siding
- About 2 blocks from the ocean
- Pro‑forma gross rental income of $5,600/month or more (per listing)
- Four separate power meters—tenants pay their own electricity; listing notes about $350/month in water costs
- Two units currently vacant; rear/garage units are leased month‑to‑month to long‑term tenants at $900 and $1,050
- Detached 1‑car garage plus garage parking; heating/cooling includes central air and multiple ductless/window unit options, with fireplaces (FireplaceYN: true)
Overview
This quadplex offers four residential units with tenant-paid electricity through four separate meters. The property structure also places the landlord’s water cost at approximately $350 per month, based on the listing remarks. A detached 1-car garage provides an additional on-site component, with the listing noting potential options to lease it as-is or reconfigure it to create additional rentable space. The remarks also indicate that one tenant handles basic lawn maintenance.
Located in Daytona Beach, Florida at 415 Vermont Avenue (Volusia County), the listing describes the property as beachside, about two blocks from the ocean. Per the provided information, there are currently two vacant units. The two rear/garage units are described as leased month-to-month to long-term tenants at below-market rents of $900 and $1,050.
For investors and owner-occupants looking for a small residential income property near the beach, the separate-meter setup can help limit landlord utility overhead. With two units available now and two units operating on month-to-month terms, the asset may be suited for a buyer focused on stabilizing occupancy and aligning rents with current market conditions. Financial figures cited in the listing are pro-forma, and prospective purchasers should review the underlying assumptions before proceeding.
Located in Daytona Beach, Florida at 415 Vermont Avenue (Volusia County), the listing describes the property as beachside, about two blocks from the ocean. Per the provided information, there are currently two vacant units. The two rear/garage units are described as leased month-to-month to long-term tenants at below-market rents of $900 and $1,050.
For investors and owner-occupants looking for a small residential income property near the beach, the separate-meter setup can help limit landlord utility overhead. With two units available now and two units operating on month-to-month terms, the asset may be suited for a buyer focused on stabilizing occupancy and aligning rents with current market conditions. Financial figures cited in the listing are pro-forma, and prospective purchasers should review the underlying assumptions before proceeding.
Local 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 | $35.4k | $13.92 |
| − Vacancy | −$3.5k | −$1.39 |
| EGI | $31.8k | $12.53 |
| − OpEx | −$9.5k | −$3.76 |
| NOI | $22.3k | $8.77 |
2,540 SF · lease $13.92/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$318.3K
$278.5K – $371.4K
NOI $22,282 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$276.5K
$241.9K – $322.6K
NOI $19,355 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$748.9K
$655.3K – $873.8K
NOI $52,426 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.008514
- Latitude
- 29.220254
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit quadplex with separate electric meters and a detached 1-car garage that can support flexible rental configuration.
Where is this quadplex located?
The property is located at 415 VERMONT AVENUE Daytona Beach, FL.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: 4‑unit income property built in 1908, with frame construction and wood siding; About 2 blocks from the ocean; Pro‑forma gross rental income of $5,600/month or more (per listing)
