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    16 S GRANDVIEW AVE, Daytona Beach, FL 32118

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    For Sale
    $769,000

    Multi-Family 5+ - DAYTONA BEACH, FL

    Property size:
    2,972 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $258/SF
    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

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    Listing Contact
    Husain Jaffer

    Listing agent Husain Jaffer License #3293364

    Listing office CHARLES RUTENBERG REALTY ORLANDO 631 S Orlando Avenue Suite 200, Winter Park, FL

    Listing date May 12, 2026

    MLS# O6407163 Listing URL

    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

    This stabilized multifamily property consists of 7 residential units and includes on-site parking and a common patio area for tenants. The roof was installed in 2018, and the property is described as having solid mechanicals. A “High and Dry” X flood zone designation is noted in the remarks. The listing also references zero code violations and states the property’s land use is 7 units per the Property Appraiser. In addition, there is a large storage unit on-site that was previously an apartment and could be converted back for additional revenue, according to the seller’s information.

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.009326
    Latitude
    29.225575

    FAQs

    What type of property is this?
    Apartment building - Fully stabilized 7-unit property with a 2018 roof, on-site parking, and tenant-ready outdoor common space.
    Where is this apartment building located?
    The property is located at 16 S GRANDVIEW AVE Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $769,000.
    What are key features of this property?
    This property features: 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
    More about this property
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