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    19-23 S Hollywood Ave Daytona Beach, FL 32118

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    For Sale
    $1,850,000

    Beachside multifamily property with 14 units and recent upgrades.

    Property size:
    5,636 SF

    Property Features for 19-23 S Hollywood Ave

    General Information

    Size
    5,636 SF

    Building Details

    Year built
    1939

    Source: Michael Baxter Agent Michael Baxter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Daytona Beach Multifamily Investment

    This multifamily property, located on S. Hollywood Avenue in Daytona Beach, Florida, presents an investment opportunity. The property consists of 14 units with a mix of 5 studios, 3 one-bedroom units, 4 two-bedroom units, and 1 three-bedroom unit. The property totals 5,636 square feet and features a low-rise, garden-style layout. Recent upgrades include new roofs installed in 2020 and 2021 on all three buildings. All tenants are current on their rent. The property has a history of high occupancy.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.011344
    Latitude
    29.224855

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    FAQs

    What type of property is this?
    Apartment building - Beachside multifamily property with 14 units and recent upgrades.
    Where is this apartment building located?
    The property is located at 19-23 S Hollywood Ave Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Beachside location in Daytona Beach, FL; - Multifamily property with 14 units; - New roofs installed in 2020 & 2021 across all 3 buildings
    (386) 999-1762
    Request Owner's contact information
    19-23 S Hollywood Ave Daytona Beach, FL 32118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19-23 S Hollywood Ave Daytona Beach, FL 32118
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