16 S GRANDVIEW AVE, Daytona Beach, FL 32118
Multi-Family 5+ - DAYTONA BEACH, FL
- Added:
- May 12, 2026
- Days on Market:
- 39
- Last Refresh:
- Jun 19 at 10:06 am
Property Features for 16 S GRANDVIEW AVE
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 02BR1
- Standard status
- Active
- APN
- 530401110050
- Size
- 2,972 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5720.83
Utilities
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1910
- Number of units
- 7
- Building materials
- Block, HardiPlank Type
- Architectural style
- Other
Listing agent Husain Jaffer License #3293364 (407) 923-7642
Listing office CHARLES RUTENBERG REALTY ORLANDO 631 S Orlando Avenue Suite 200, Winter Park, FL (407) 622-2122
Listing date May 12, 2026
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 7‑unit apartment building built in 1910 with long‑term tenants; active leases with 6–12 months remaining
- 8% cap rate on asking (after taxes, insurance, and expenses), per public remarks
- 2018 roof plus solid mechanicals; construction includes block and HardiPlank Type
- High and Dry X flood zone designation and zero code violations reported
- On‑site parking and a common patio area for tenants
- Large on‑site storage unit previously used as an apartment; could be converted back for additional revenue
Overview
The property is located in Daytona Beach, Florida at 16 S Grandview Ave (32118). The remarks indicate it is approximately three streets from the beach, with beach access and the Main Street Pier identified as walkable from the property.
The current operating profile is described as having long-term tenants on active leases, with 6–12 months remaining as stated in the remarks. With confirmed zoning “up to 10 units” and land use consistent with 7 units, the configuration supports an income-focused hold in its present state while leaving space for discussions around future redevelopment or reconfiguration. The listing is presented as a fit for investors or buyers seeking a stabilized cash-flow property, including consideration for a 1031 exchange or portfolio expansion.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.009326
- Latitude
- 29.225575