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    26-28 S Hollywood Ave Daytona Beach, FL 32118

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    For Sale
    $650,000

    Five-unit multifamily property in Daytona Beach's Surfside Historic District.

    Lot size:
    0.13 Acres

    Property Features for 26-28 S Hollywood Ave

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1918

    Source: OUTLET REALTY Agent Ivan Tobon

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

    Overview

    Daytona Beach Multifamily Investment

    This five-unit multifamily property is located in the Surfside Historic District of Daytona Beach. The property is income-producing and delivers a net operating income (NOI) of $64,114 and a 9.1 cap rate. Four of the five units are currently occupied, providing cash flow. The property benefits from a combined federal housing income, ensuring rent payments and reduced vacancy risk. Residents enjoy proximity to the Daytona Beach shoreline, downtown entertainment, and major employers, enhancing both tenant demand and property value.
    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
    -81.011648
    Latitude
    29.224456

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    FAQs

    What type of property is this?
    Apartment building - Five-unit multifamily property in Daytona Beach's Surfside Historic District.
    Where is this apartment building located?
    The property is located at 26-28 S Hollywood Ave Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - High 9.1% Cap Rate and $64,114 NOI for strong investment returns.; - Located in the desirable Surfside Historic District of Daytona Beach.; - Four of five units are currently occupied, providing immediate cash flow.
    (407) 353-5518
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    26-28 S Hollywood Ave Daytona Beach, FL 32118
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    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
    26-28 S Hollywood Ave Daytona Beach, FL 32118
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