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Updated Condo in Sandpiper Lakes

133 BLUE HERON DRIVE C Daytona Beach, FL 32119

133 BLUE HERON DRIVE C, Daytona Beach, FL, 32119
$237,000
For Sale
$237,000

Renovated two-bedroom condo with modern upgrades and conservation views.

Property Size1,242 SF
Lot Size21.45 Acres
Price / SF$190.82
Days on Market593

Property Features for 133 BLUE HERON DRIVE C

General Information

Standard status
Active
Size
1,242 SF
Lot size
21.45 Acres
Property subtype
Condo/Townhome

Building Details

Year Built
1982
Listing agency KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG)
Listed by Taner Banks · License #3530683
Source Exitrealty
Added: Dec 5, 2024 Updated: Jul 6 at 12:04PM Checked: Jul 21 at 6:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG)


Investment Insights

Based on property information with market context.

This updated condominium is located in Sandpiper Lakes at Pelican Bay, Daytona Beach. The renovated two-bedroom, two-bath unit features stainless steel appliances and granite countertops in the kitchen. The bathrooms include marble countertops and porcelain tile. Waterproof laminate flooring is installed throughout the rest of the home. The great room features vaulted ceilings accented by wood beams and lighting fixtures. Views of the conservation area are available from every room, and there is a private balcony. One designated parking space is located directly in front of the unit, with additional guest spaces available. Residents have access to an 18-hole golf course and a pub. The property is a short drive from Daytona's beaches, the Daytona Speedway, and the Ponce Inlet Lighthouse. The property size is 1242 square feet.

Key Highlights

  • Fully renovated 2‑bedroom, 2‑bath condominium with modern upgrades.
  • Located in Sandpiper Lakes at Pelican Bay, a golf course community.
  • Kitchen features stainless steel appliances and granite countertops.

Local 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 $19.2k $15.48
− Vacancy −$2.0k −$1.63
EGI $17.2k $13.85
− OpEx −$7.7k −$6.23
NOI $9.5k $7.62
1,242 SF · lease $15.48/SF/yr · vacancy 10.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$135.2K
$118.3K – $157.7K (±1% cap)
NOI $9,464 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$366.2K
$320.4K – $427.3K (±1% cap)
NOI $25,635 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Law Firm Hair Salon Nail Salon HVAC Service (Bike/Boat/Book/etc) Store Barber Shop Big Box & Wholesale Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

FAQs

What type of property is this?
Residential income property - Renovated two-bedroom condo with modern upgrades and conservation views.
Where is this residential income property located?
The property is located at 133 BLUE HERON DRIVE C Daytona Beach, FL.
What is the asking price?
The asking price for this property is $237,000.
What are key features of this property?
This property features: Fully renovated 2‑bedroom, 2‑bath condominium with modern upgrades.; Located in Sandpiper Lakes at Pelican Bay, a golf course community.; Kitchen features stainless steel appliances and granite countertops.
Contact an agent
More about this property
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