Daytona Beach Triplex Investment
For Sale
$325,000
130 BOYNTON, Daytona Beach, FL 32118
Triplex near the beach with income potential and no HOA.
Property Size1,440 SF
Days on Market107
Property Features for 130 BOYNTON
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$5,316
Building Details
Building Size
1,440 SF
Year Built
1956
Listing Agency:
Adams, Cameron & Co. REALTORS
(386) 316-5966
Listed By:
Alice Cooper · License #3271633
(386) 316-5966
Source:
Elliman
Added: May 15
Changed: Aug 22
Last Checked: Aug 28 at 6:48PM
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 Adams, Cameron & Co. REALTORS
Investment Insights
Based on property information with market context.
This triplex investment opportunity is located in Daytona Beach, one block from the beach and two blocks from the Intracoastal Waterway. Situated on a corner lot, the property includes a 2-bed, 1-bath unit, a 1-bed, 1-bath unit, and a studio, offering flexible income potential. The residence features a bright coastal feel and a 1-car carport. The corner lot provides outdoor space and visibility. Residents are moments from Daytona Beach's shoreline, riverfront activities, dining, shopping, and local attractions. Beach access allows for enjoyment of coastal living and recreation. The property has rental versatility, beachside proximity, and no HOA restrictions. The bike score is 46, indicating it is somewhat bikeable. The walk score is 50, indicating car-dependent surroundings, and the transit score is 28, indicating some transit options.
Key Highlights
- Rare triplex investment opportunity with flexible income potential from three separate units.
- Prime location: just 1 block from Daytona Beach and 2 blocks from the Intracoastal.
- Spacious corner lot providing added outdoor space and excellent visibility.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,632
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$252,640
$252.6K
Cap Rate 7%
$180,457
$180.5K
Cap Rate 9%
$140,356
$140.4K
Market Conditions
NOI Build-Up for 1,440 SF
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.
Gross rent
$20.0K $13.92/SF
− Vacancy
−$2.0K −$1.39/SF
EGI
$18.0K $12.53/SF
− OpEx
−$5.4K −$3.76/SF
NOI
$12.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$252,640
Cap Rate 7%
$180,457
Cap Rate 9%
$140,356
Alternative Uses
Best Use
Multifamily LT 5
$180.5K
$157.9K – $210.5K
NOI $12,632 @ 7.0% cap · market cap 3.89%
Second Best
Apartment 5plus
$156.8K
$137.2K – $182.9K
NOI $10,973 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$424.6K
$371.5K – $495.4K
NOI $29,722 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex near the beach with income potential and no HOA.
Where is this triplex located?
The property is located at 130 BOYNTON Daytona Beach, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Rare triplex investment opportunity with flexible income potential from three separate units.; Prime location: just 1 block from Daytona Beach and 2 blocks from the Intracoastal.; Spacious corner lot providing added outdoor space and excellent visibility.
