3-Building 4-Plex Near
132 N Peninsula Drive Daytona Beach, FL 32118
MULTI_FAMILY - Daytona Beach, FL
Property size:
5,441 SFLot size:
0.22 AcresPrice / SF:
$87/SF- Added:
- Apr 15, 2026
- Days on Market:
- 89
- Last Refresh:
- Jul 12 at 6:06 am
Property Features for 132 N Peninsula Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 7
- Rooms
- Bathroom 3, Bedroom 5, Bathroom 7, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 5, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 6
- Parking features
- Parking Lot, Garage
- Exterior features
- Balcony
- Appliances
- Refrigerator, Microwave, Electric Range
- Standard status
- Active
- APN
- 5305-08-13-0022
- Size
- 5,441 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- S 1/2 OF LOT 2 EXC E 60 FT BLK 13 MEMENTO MB O PG 692 PER OR 2108 PG 1335 PER OR 5508 PG 0711 PER OR 5749 PG 3785 PER OR 6532 PG 0913 PER OR 7259 PG 2597
- Tax Annual Amount
- 4762
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1928
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Tile, Wood, Laminate
- Building materials
- Block, Cement Siding, Concrete
- Roof type
- Shingle
Listing agent Cheryl Gray (386) 316-7808
Listing office Oceans Luxury Realty Full Service LLC 142 E Granada Blvd Ste 2, Ormond Beach, FL (386) 455-0830
Listing date Apr 15, 2026
MLS# 1225262
Listing URL
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.
Investment Insights
Based on property information with market context.
This property is a 4-plex arranged across three buildings on one site. The main house is a four-level residence totaling 2,507 square feet and includes a spacious main living area, a small basement, and an upper-level master suite with a large bath and two oversized walk-in closets. A second bedroom with a full bath is on the same floor, with a loft that can serve as an office or creative space. Building Two contains 1,692 square feet and provides two one-bedroom units, including an upper unit with a loft that can function as a second bedroom. Building Three is 1,232 square feet and includes one one-bedroom unit with a wraparound porch plus a large ground-level storage area.
The site is described as being three blocks from the shoreline, in Daytona Beach, Florida. The listing remarks also note proximity to the Ocean Center and Daytona Lagoon.
With the existing multi-building configuration, the property may suit investors looking to operate it as a multi-unit rental program or pursue a full renovation plan. The listing also states the property is zoned RDB8 and that the sale is cash only, with fast closing noted in the remarks. Buyers should verify all details, including zoning, usage, and condition, as part of their due diligence.
The site is described as being three blocks from the shoreline, in Daytona Beach, Florida. The listing remarks also note proximity to the Ocean Center and Daytona Lagoon.
With the existing multi-building configuration, the property may suit investors looking to operate it as a multi-unit rental program or pursue a full renovation plan. The listing also states the property is zoned RDB8 and that the sale is cash only, with fast closing noted in the remarks. Buyers should verify all details, including zoning, usage, and condition, as part of their due diligence.
Key Highlights
- 4‑plex in Daytona Beach with 3 buildings on one site, built in 1928
- Three blocks from the shoreline; close to Ocean Center, Daytona Lagoon, and the beach
- Main house (2,507 SF): four‑level residence with small basement and upper‑level master suite
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 | $84.2k | $15.48 |
| − Vacancy | −$8.8k | −$1.63 |
| EGI | $75.4k | $13.85 |
| − OpEx | −$33.9k | −$6.23 |
| NOI | $41.5k | $7.62 |
5,441 SF · lease $15.48/SF/yr · vacancy 10.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$681.9K
$596.6K – $795.5K
NOI $47,731 @ 7.0% cap · market cap 10.05%
Second Best
Apartment 5plus
$592.3K
$518.3K – $691.0K
NOI $41,461 @ 7.0% cap · market cap 8.73%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,302 @ 7.0% cap · market cap 23.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Affordable Roofing & Construction, ...
Roofing Company
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FAQs
What type of property is this?
Quadplex - Four residential units on one site, spread across three buildings, offering a practical basis for renovation or rental operations.
Where is this quadplex located?
The property is located at 132 N Peninsula Drive Daytona Beach, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 4‑plex in Daytona Beach with 3 buildings on one site, built in 1928; Three blocks from the shoreline; close to Ocean Center, Daytona Lagoon, and the beach; Main house (2,507 SF): four‑level residence with small basement and upper‑level master suite
