Duplex with Attached
New
For Sale
$574,900
Pending
1523 S DAYTONA AVENUE, Flagler Beach, FL 32136
The property includes central air, a private yard, and an outdoor shower.
Property Size3,300 SF
Days on Market5
Property Features for 1523 S DAYTONA AVENUE
General Information
Standard status
Pending
Size
3,300 SF
Property subtype
Residential Income
Zoning
SFR
Taxes and HOA fees
Annual Taxes
$5,516
Amenities
Central Air, Attic Fan
Central, Electric, Heat Pump
Dishwasher, Microwave, Range, Refrigerator
Garage Door Opener, Attached
Outdoor Shower, Private Yard, Storage
Building Details
Building Size
3,300 SF
Year Built
1975
Listing Agency:
FLORIDA BEACHES REAL ESTATE
Listed By:
Tony Garren · License #3210657
(386) 237-7079
Source:
Evrealestate
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 7 at 12:39PM
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 FLORIDA BEACHES REAL ESTATE
Investment Insights
Based on property information with market context.
This 1975 duplex contains 2,564 square feet and has an attached garage. Interior features include central air, an attic fan, and electric heat-pump heating, along with a dishwasher, microwave, range, and refrigerator. Exterior amenities include a private yard, outdoor shower, and storage.
The property is at 1523 S Daytona Avenue in Flagler Beach, Florida, and is zoned SFR.
The property is at 1523 S Daytona Avenue in Flagler Beach, Florida, and is zoned SFR.
Key Highlights
- 2,564‑square‑foot duplex built in 1975
- Attached garage with garage door opener
- Central air, attic fan, and electric heat pump
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,606
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$592,120
$592.1K
Cap Rate 7%
$422,943
$422.9K
Cap Rate 9%
$328,956
$329.0K
Market Conditions
NOI Build-Up for 2,564 SF
Gross rent
$44.6K $17.40/SF
− Vacancy
−$2.3K −$0.90/SF
EGI
$42.3K $16.50/SF
− OpEx
−$12.7K −$4.95/SF
NOI
$29.6K $11.55/SF
Area
Flagler County, FL
Vacancy
5.20%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$592,120
Cap Rate 7%
$422,943
Cap Rate 9%
$328,956
Alternative Uses
Best Use
Multifamily LT 5
$422.9K
$370.1K – $493.4K
NOI $29,606 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$375.7K
$328.8K – $438.4K
NOI $26,302 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$616.2K
$539.1K – $718.9K
NOI $43,131 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Explore this area
Business Placement
Demographics for 32136, FL
8,432
Population
5,498
Households
1.5
Avg Household Size
62
Median Age
36%
College-Educated
97%
High-School Grad
17.7 sq mi
ZIP Area
476
Density / Sq Mi
$72,589
Median Household Income
$50,949
Median Earnings
$1,469
Median Rent
$438,300
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
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Frequently Asked Questions
What type of property is this?
Duplex - The property includes central air, a private yard, and an outdoor shower.
Where is this duplex located?
The property is located at 1523 S DAYTONA AVENUE Flagler Beach, FL.
What is the asking price?
The asking price for this property is $574,900.
What are key features of this property?
This property features: 2,564‑square‑foot duplex built in 1975; Attached garage with garage door opener; Central air, attic fan, and electric heat pump
