Duplex with Separate
For Sale
$375,000
111 Milton Road, Daytona Beach, FL 32118
Residential Income, Daytona Beach, FL
Property Size1,719 SF
Lot Size0.14 Acres
Price / SF$218.15
Days on Market8
Property Features for 111 Milton Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Multi Family
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking features
Garage
Subdivision
Bridgeport Heights
Lot features
Cleared
Elementary school
R J Longstreet
Middle school
Campbell
High school
Mainland
Directions
From International Speedway Blvd heading east, turn right onto S Peninsula Dr. then turn left onto Milton rd. The property will be on the right side of the street.
Standard status
Active
APN
5322-04-13-0050
Size
1,719 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 5 BLK 13 BRIDGEPORT HEIGHTS RESUB MB 9 PG 249 PER OR 1808 PG 1467 PER OR 5968 PG 1423 PER OR 5968 PG 1425 PER OR 5968 PG 1426 PER OR 5968 PG 1427 PER OR 5990 PG 3902
Tax Annual Amount
4167
Legal Description
LOT 5 BLK 13 BRIDGEPORT HEIGHTS RESUB MB 9 PG 249 PER OR 1808 PG 1467 PER OR 5968 PG 1423 PER OR 5968 PG 1425 PER OR 5968 PG 1426 PER OR 5968 PG 1427 PER OR 5990 PG 3902
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
white picket fence
private paved patio
stone patio
outdoor shower
lawn
Building Details
Year built
1948
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet
Listing Agency:
Keller Williams Realty Florida Partners
(386) 944-2800
Listed By:
Jonathan B Owens
(386) 281-9310
Added: Oct 2
Last Checked: Oct 9 at 8:06AM
MLS# 1231400
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.
Built in 1948, this 1,719-square-foot duplex on a 0.14-acre lot contains a two-bedroom, one-bath residence and a one-bedroom, one-bath residence. Each has a separate entrance and kitchen. An additional room next to the garage has its own bathroom and exterior access. The garage accommodates parking and storage.
Interior details include tile and carpet flooring, central heating and air conditioning, and kitchens with distinct layouts. Outdoor features include a paved patio, a separate stone patio, lawn space, privacy fencing, and an outdoor shower. The property is a short distance from the beach in Daytona Beach.
Interior details include tile and carpet flooring, central heating and air conditioning, and kitchens with distinct layouts. Outdoor features include a paved patio, a separate stone patio, lawn space, privacy fencing, and an outdoor shower. The property is a short distance from the beach in Daytona Beach.
Key Highlights
- Two residences: one with 2 bedrooms and 1 bathroom; the other with 1 bedroom and 1 bathroom
- 1,719 square feet on a 0.14‑acre lot
- Built in 1948
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,080
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,600
$301.6K
Cap Rate 7%
$215,429
$215.4K
Cap Rate 9%
$167,556
$167.6K
Market Conditions
NOI Build-Up for 1,719 SF
Gross rent
$23.9K $13.92/SF
− Vacancy
−$2.4K −$1.39/SF
EGI
$21.5K $12.53/SF
− OpEx
−$6.5K −$3.76/SF
NOI
$15.1K $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 Rate 5%
$301,600
Cap Rate 7%
$215,429
Cap Rate 9%
$167,556
Alternative Uses
Best Use
Multifamily LT 5
$215.4K
$188.5K – $251.3K
NOI $15,080 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$187.1K
$163.7K – $218.3K
NOI $13,099 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$506.9K
$443.5K – $591.3K
NOI $35,480 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
290
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences and a garage sit a short distance from the beach, with patios and a fenced outdoor area.
Where is this duplex located?
The property is located at 111 Milton Road Daytona Beach, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two residences: one with 2 bedrooms and 1 bathroom; the other with 1 bedroom and 1 bathroom; 1,719 square feet on a 0.14‑acre lot; Built in 1948
