Garden-Style Multifamily Apartment
119 Thomasson Avenue Daytona Beach, FL 32117
New
For Sale
$3,000,000
MULTI_FAMILY - Daytona Beach, FL
Property Size15,212 SF
Lot Size1.00 Acre
Price / SF$197.21
Days on Market2
Property Features for 119 Thomasson Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 32
- Bathrooms
- 20
- Rooms
- Bedroom 6, Bedroom 30, Bedroom 25, Bathroom 7, Bedroom 11, Bathroom 16, Bedroom 9, Bedroom 24, Bedroom 29, Bedroom 21, Bathroom 18, Bathroom 12, Bedroom 7, Bedroom 20, Bathroom 11, Bedroom 8, Bathroom 4, Bathroom 8, Bedroom 26, Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 17, Bedroom 12, Bedroom 10, Bathroom 15, Bedroom 22, Bathroom 19, Bathroom 9, Bedroom 15, Bedroom 31, Bedroom 28, Bathroom 2, Bathroom 10, Bathroom 14, Bedroom 18, Bedroom 32, Bathroom 3, Bedroom 14, Bedroom 27, Bathroom 6, Bathroom 20, Bathroom 5, Bedroom 23, Bathroom 13, Bathroom 17, Bedroom 2, Bedroom 13, Bathroom 1, Bedroom 19, Bedroom 5, Bedroom 16
- Parking features
- Assigned
- Standard status
- Active
- APN
- 424401340016
- Size
- 15,212 SF
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 30232
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1984
- Number of units
- 20
- Building materials
- Frame
Listing Agency:
FlatFee.com
(954) 965-3990
Listed By:
Cliff Glansen · License #707077
(954) 965-3990
Added: Jul 24
Last Checked: Jul 25 at 12:06AM
MLS# 1228976
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.
Whispering Winds is a garden-style multifamily property featuring 8 one-bedroom and 12 two-bedroom apartment units in a wood-frame configuration. The community includes laundry facilities, and the property is described as well maintained.
Improvements reported by the current ownership include a roof replacement with warranty coverage, along with vinyl flooring and various fixture upgrades.
Located at 119 Thomasson Avenue in Daytona Beach, the property is presented as positioned near the Halifax River corridor and within reach of Daytona Beach attractions, including Daytona International Speedway.
Improvements reported by the current ownership include a roof replacement with warranty coverage, along with vinyl flooring and various fixture upgrades.
Located at 119 Thomasson Avenue in Daytona Beach, the property is presented as positioned near the Halifax River corridor and within reach of Daytona Beach attractions, including Daytona International Speedway.
Key Highlights
- Multifamily with 8 1‑bedroom units and 12 2‑bedroom units (20 total) in a garden‑style configuration
- Wood‑frame construction; central heating and central A/C
- Roof replacement with warranty coverage, plus vinyl flooring and various fixture improvements
Financial Insights For Apartment 5plus
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 | $235.5k | $15.48 |
| − Vacancy | −$24.7k | −$1.63 |
| EGI | $210.8k | $13.85 |
| − OpEx | −$94.8k | −$6.23 |
| NOI | $115.9k | $7.62 |
15,212 SF · lease $15.48/SF/yr · vacancy 10.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.66M
$1.45M – $1.93M
NOI $115,916 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.49M
$3.92M – $5.23M
NOI $313,976 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Garden-style multifamily with 8 one-bedroom and 12 two-bedroom units, community laundry, and recent roof and interior upgrades.
Where is this apartment building located?
The property is located at 119 Thomasson Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Multifamily with 8 1‑bedroom units and 12 2‑bedroom units (20 total) in a garden‑style configuration; Wood‑frame construction; central heating and central A/C; Roof replacement with warranty coverage, plus vinyl flooring and various fixture improvements
