Fourplex with Private
835 N Grandview Avenue Daytona Beach, FL 32118
For Sale
$799,000
MULTI_FAMILY - Daytona Beach, FL
Property Size3,886 SF
Lot Size0.24 Acres
Price / SF$205.61
Days on Market86
Property Features for 835 N Grandview Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 4, Bedroom 9, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 5, Bedroom 6, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 8, Bedroom 5
- Parking
- 4
- Parking features
- Open, Garage, Carport
- Exterior features
- Balcony, Storm Shutters
- Appliances
- Refrigerator, Electric Range, Electric Cooktop, Dishwasher
- Standard status
- Active
- APN
- 5305-01-33-0020
- Size
- 3,886 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 2 BLK 33 EAST DAYTONA MB 2 PG 106 PER OR 5279 PGS 4337-4339 INC PER OR 6979 PGS 3556-3557 PER OR 8131 PG 0082 PER OR 8396 PG 3693
- Tax Annual Amount
- 11159
Utilities
- Heating system
- Central
- Cooling system
- Central Air, Separate Meters
- Water source
- Public
Building Details
- Year built
- 1968
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Terrazzo, Vinyl
- Building materials
- Block
- Roof type
- Shingle
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Robin Hart · License #3303631
(386) 679-5014
Added: Apr 30
Changed: Jul 18
Last Checked: Jul 24 at 11:06AM
MLS# 1225850
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 solid concrete block fourplex offers four separate units, each with two private entries and access to a locked storage unit. The unit mix includes one 3-bedroom/2-bath that has been fully renovated, plus three 2-bedroom/1-bath units. Upper units include balconies, and Unit 3 offers a peek-a-boo ocean view. Terrazzo floors are featured in Units 1 and 2, while Unit 4 (3-bedroom/2-bath) has been updated with new vinyl plank flooring and new bathrooms. Additional amenities include on-site coin laundry and three parking options consisting of a rentable 1-car garage and two covered spaces.
The property is located in Daytona Beach, Florida, and is described as minutes from the beach and the Hard Rock Hotel. It is currently fully occupied, and leases are on a month-to-month basis. The current gross rent is $5,050 per month, with rents described as below market in the remarks. Recent improvements include 2020 impact windows, storm shutters, new copper A/C lines, a new retaining wall, and an irrigation well.
For tenants and operators, the separate-entry layout and dedicated storage can support day-to-day privacy, while on-site laundry and covered parking help round out the living experience. The seller notes that they currently pay water, laundry electric, and gas, while tenants pay their own electric. The roof is approximately 14 years old, and copper refrigerant lines were recently installed, with A/C units described as older. Insurance is currently carried on a minimum plan, and the buyer is advised to verify and adjust coverage as needed.
The property is located in Daytona Beach, Florida, and is described as minutes from the beach and the Hard Rock Hotel. It is currently fully occupied, and leases are on a month-to-month basis. The current gross rent is $5,050 per month, with rents described as below market in the remarks. Recent improvements include 2020 impact windows, storm shutters, new copper A/C lines, a new retaining wall, and an irrigation well.
For tenants and operators, the separate-entry layout and dedicated storage can support day-to-day privacy, while on-site laundry and covered parking help round out the living experience. The seller notes that they currently pay water, laundry electric, and gas, while tenants pay their own electric. The roof is approximately 14 years old, and copper refrigerant lines were recently installed, with A/C units described as older. Insurance is currently carried on a minimum plan, and the buyer is advised to verify and adjust coverage as needed.
Key Highlights
- 4‑plex built in 1968, fully occupied; gross rent $5,050/mo with all leases month‑to‑month.
- Unit mix: one 3BD/2BA and three 2BD/1BA; each unit has 2 private entries plus a locked storage unit.
- Upper units include balconies; Unit 3 has a peek‑a‑boo ocean view.
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 | $54.1k | $13.92 |
| − Vacancy | −$5.4k | −$1.39 |
| EGI | $48.7k | $12.53 |
| − OpEx | −$14.6k | −$3.76 |
| NOI | $34.1k | $8.77 |
3,886 SF · lease $13.92/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$487.0K
$426.1K – $568.2K
NOI $34,090 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$423.0K
$370.1K – $493.5K
NOI $29,611 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,207 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Fully occupied four-unit concrete block property with renovated units, private entrances, and on-site laundry plus covered parking.
Where is this quadplex located?
The property is located at 835 N Grandview Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 4‑plex built in 1968, fully occupied; gross rent $5,050/mo with all leases month‑to‑month.; Unit mix: one 3BD/2BA and three 2BD/1BA; each unit has 2 private entries plus a locked storage unit.; Upper units include balconies; Unit 3 has a peek‑a‑boo ocean view.
