Renovated 3-Unit Apartment
1219 Ruger Place, Daytona Beach, FL 32118
For Sale
New
$649,800
Residential Income, Daytona Beach, FL
Property Size2,914 SF
Lot Size0.22 Acres
Price / SF$222.99
Days on Market6
Property Features for 1219 Ruger Place
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking
Parking features
Appliances
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Nonmember office
Listed By:
Listing Reciprocal
(386) 677-7131
Added: Nov 9
Last Checked: Nov 14 at 12:06AM
MLS# 1232671
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.
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Investment Insights
Based on property information with market context.
This three-unit apartment property at 1219 Ruger Place contains 2,914 square feet across a 0.22-acre parcel. The two front residences each offer approximately 1,100 square feet, with two bedrooms and one-and-a-half bathrooms. Both have been renovated, including updated electrical subpanels, and their central HVAC systems were replaced approximately four years ago. One front unit is occupied; the other is vacant. The detached rear residence measures approximately 700 square feet and has two bedrooms and two bathrooms. It has upgraded flooring and two mini-split systems, serving the living room and primary bedroom; a portable air-conditioning unit serves the second bedroom. The rear unit is vacant.
Built in 1904, the property is located in Daytona Beach, Florida. Exterior construction is stucco, with a shingle roof. Parking features include a garage and driveway.
Built in 1904, the property is located in Daytona Beach, Florida. Exterior construction is stucco, with a shingle roof. Parking features include a garage and driveway.
Key Highlights
- Three apartment units totaling 2,914 square feet on a 0.22‑acre parcel
- Two front units are approximately 1,100 square feet each, with 2 bedrooms and 1.5 bathrooms apiece
- Detached rear residence offers approximately 700 square feet, 2 bedrooms, and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,563
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,260
$511.3K
Cap Rate 7%
$365,186
$365.2K
Cap Rate 9%
$284,033
$284.0K
Market Conditions
NOI Build-Up for 2,914 SF
Gross rent
$40.6K $13.92/SF
− Vacancy
−$4.0K −$1.39/SF
EGI
$36.5K $12.53/SF
− OpEx
−$11.0K −$3.76/SF
NOI
$25.6K $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%
$511,260
Cap Rate 7%
$365,186
Cap Rate 9%
$284,033
Alternative Uses
Best Use
Multifamily LT 5
$365.2K
$319.5K – $426.1K
NOI $25,563 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$317.2K
$277.6K – $370.1K
NOI $22,205 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$859.2K
$751.8K – $1.00M
NOI $60,145 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
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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
$339,500
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Daytona Beach, FL
Properties on Market for Triplexes in Daytona Beach
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences combine renovated interiors with a mix of central and mini-split air-conditioning systems.
Where is this triplex located?
The property is located at 1219 Ruger Place Daytona Beach, FL.
What is the asking price?
The asking price for this property is $649,800.
What are key features of this property?
This property features: Three apartment units totaling 2,914 square feet on a 0.22‑acre parcel; Two front units are approximately 1,100 square feet each, with 2 bedrooms and 1.5 bathrooms apiece; Detached rear residence offers approximately 700 square feet, 2 bedrooms, and 2 bathrooms
