Corner Two-Unit
1301 Wright Street Daytona Beach, FL 32117
For Sale
Contact for pricing
Well-maintained two-family duplex on a corner lot with two tenant-occupied units and month-to-month leases.
Property Size2,056 SF
Price / SF$111.87
Days on Market154
Property Features for 1301 Wright Street
General Information
- Standard status
- Active
- Size
- 2,056 SF
- Property subtype
- Multifamily, Land
Building Details
- Year Built
- 1960
Listing Agency:
Century 21 Sundance Realty
(917) 364-1549
Listed By:
Mariah Hochhauser
Source:
Crexi
Added: Feb 20
Changed: Jul 21
Last Checked: Jul 23 at 12:06PM
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 Century 21 Sundance Realty
Investment Insights
Based on property information with market context.
This well-maintained two-family duplex offers a practical two-unit residential income setup on a corner lot. Unit 1 includes three bedrooms and one bath, along with a kitchen and living room. Unit 2 features one bedroom and one bath, a living room and kitchen, plus a flex room and an enclosed porch.
Both units are currently tenant-occupied with month-to-month leases. The property is being sold as-is, and showings require 24-hour notice with instruction not to disturb tenants.
The layout supports multiple living options, including renting both units or occupying one while generating income from the other unit. The property is centrally located near schools, hospitals, shopping, highways, and public transportation, which can support continued rental demand.
Both units are currently tenant-occupied with month-to-month leases. The property is being sold as-is, and showings require 24-hour notice with instruction not to disturb tenants.
The layout supports multiple living options, including renting both units or occupying one while generating income from the other unit. The property is centrally located near schools, hospitals, shopping, highways, and public transportation, which can support continued rental demand.
Key Highlights
- Well‑maintained 2‑family duplex built in 1960 on a corner lot in Daytona Beach
- Both units are tenant‑occupied and on month‑to‑month leases
- Unit 1: 3 bedrooms and 1 bathroom with kitchen and living room
Financial Insights For Multifamily LT 5
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 | $28.6k | $13.92 |
| − Vacancy | −$2.9k | −$1.39 |
| EGI | $25.8k | $12.53 |
| − OpEx | −$7.7k | −$3.76 |
| NOI | $18.0k | $8.77 |
2,056 SF · lease $13.92/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$257.7K
$225.5K – $300.6K
NOI $18,036 @ 7.0% cap · market cap 7.84%
Second Best
Apartment 5plus
$223.8K
$195.8K – $261.1K
NOI $15,667 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$606.2K
$530.5K – $707.3K
NOI $42,436 @ 7.0% cap · market cap 18.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained two-family duplex on a corner lot with two tenant-occupied units and month-to-month leases.
Where is this duplex located?
The property is located at 1301 Wright Street Daytona Beach, FL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Well‑maintained 2‑family duplex built in 1960 on a corner lot in Daytona Beach; Both units are tenant‑occupied and on month‑to‑month leases; Unit 1: 3 bedrooms and 1 bathroom with kitchen and living room
