Duplex with Separate Guest
New
For Sale
$385,000
124 Loomis Avenue, Daytona Beach, FL 32114
Residential Income, Daytona Beach, FL
Property Size2,536 SF
Lot Size0.08 Acres
Price / SF$151.81
Days on Market1
Property Features for 124 Loomis Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 2
Parking features
Driveway, Guest
Fireplace
1
Appliances
Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher
Subdivision
Not In Subdivision
Lot features
Historic Area
View
River
Directions
from ISB S on Beach St- Rt on Loomis
Standard status
Active
APN
5339-01-03-0014
Size
2,536 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
39-15-33 E 66.3 FT OF W 203.3 FT OF S 1/2 OF LOT 1 BLK 3 HODGMANS DAYTONA MB 2 PG 82 MB 12 PG 13-15 PER OR 2613 PG 0954 PER OR 5537 PG 3649 PER OR 6092 PG 3756 PER OR 6167 PG 0513 PER OR 6217 PG 2169 PER OR 7124 PG 0386 PER OR 7359 PG 1727 PER OR 8023 PG
Tax Annual Amount
4922
Legal Description
39-15-33 E 66.3 FT OF W 203.3 FT OF S 1/2 OF LOT 1 BLK 3 HODGMANS DAYTONA MB 2 PG 82 MB 12 PG 13-15 PER OR 2613 PG 0954 PER OR 5537 PG 3649 PER OR 6092 PG 3756 PER OR 6167 PG 0513 PER OR 6217 PG 2169 PER OR 7124 PG 0386 PER OR 7359 PG 1727 PER OR 8023 PG
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Window Unit(s), Central Air, Wall/Window Unit(s)
Water source
Public
Amenities
veranda
fireplace
interior laundry
guest cottage
Building Details
Year built
1923
Number of units
2
Flooring type
Tile, Wood
Building materials
Stucco
Listing Agency:
RE/MAX Signature · RE/MAX International
Listed By:
Sandra Cencerik
(386) 236-0760
Added: Oct 23
Last Checked: Oct 23 at 4:06PM
MLS# 1232081
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.
Built in 1923, this multifamily property pairs a renovated main residence with a separate guest cottage. The primary home has bedrooms on both floors, updated bathrooms, interior laundry, and a remodeled kitchen with stainless steel appliances and a fireplace. Hardwood floors and architectural details remain, alongside updated electrical and plumbing, a 2017 HVAC system, and a 2018 roof. The cottage includes a living room, bedroom, kitchen, and full bathroom. Combined building area is 2,536 square feet on a 0.08-acre lot.
The property is one block from the Halifax River and less than two miles from the Atlantic Ocean. Downtown restaurants, marinas, galleries, cultural attractions, shopping, Jackie Robinson Ballpark, and the Halifax River Yacht Club are also identified as nearby destinations.
The property is one block from the Halifax River and less than two miles from the Atlantic Ocean. Downtown restaurants, marinas, galleries, cultural attractions, shopping, Jackie Robinson Ballpark, and the Halifax River Yacht Club are also identified as nearby destinations.
Key Highlights
- Separate cottage has a living room, bedroom, kitchen, and full bathroom
- Main residence includes bedrooms on both floors and a remodeled kitchen with fireplace
- Multifamily zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,247
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,940
$444.9K
Cap Rate 7%
$317,814
$317.8K
Cap Rate 9%
$247,189
$247.2K
Market Conditions
NOI Build-Up for 2,536 SF
Gross rent
$35.3K $13.92/SF
− Vacancy
−$3.5K −$1.39/SF
EGI
$31.8K $12.53/SF
− OpEx
−$9.5K −$3.76/SF
NOI
$22.2K $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%
$444,940
Cap Rate 7%
$317,814
Cap Rate 9%
$247,189
Alternative Uses
Best Use
Multifamily LT 5
$317.8K
$278.1K – $370.8K
NOI $22,247 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$276.1K
$241.6K – $322.1K
NOI $19,324 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$747.8K
$654.3K – $872.4K
NOI $52,343 @ 7.0% cap · market cap 13.60%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,496
Businesses Nearby
Explore this area
Business Placement
Demographics for 32114, FL
34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A renovated historic residence and independent cottage offer distinct living spaces on a multifamily-zoned property.
Where is this duplex located?
The property is located at 124 Loomis Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Separate cottage has a living room, bedroom, kitchen, and full bathroom; Main residence includes bedrooms on both floors and a remodeled kitchen with fireplace; Multifamily zoning
