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    Seven-Unit Apartment Building Title is generated by Realmo AI

    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:
    49
    Last Refresh:
    Jun 29 at 10:06 pm

    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

    We can help!

    Contact an agent
    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 multifamily property with long‑term tenants on active leases; 6–12 months remaining.
    • Reported 2018 roof plus solid mechanicals and on‑site parking for residents.
    • Common patio area for tenants and a large on‑site storage unit previously used as an apartment.
    • Land use and zoning reported as 7 units per the Property Appraiser, with zoning allowing up to 10 units.
    • Zero code violations reported and property listed in a “High and Dry” X flood zone.
    • Property remarks report an 8% cap rate on asking (after taxes, insurance, and expenses).

    Overview

    This stabilized seven-unit apartment building is currently occupied by long-term tenants on active leases with approximately 6 to 12 months remaining. Improvements include a roof installed in 2018, with solid mechanicals noted as part of the property condition. The property offers on-site parking and a common patio area for tenants. In addition, there is a large on-site storage unit that was previously an apartment and could be converted back for additional revenue potential.

    The property is located at 16 S Grandview Ave in Daytona Beach, Florida, with beach access described as being about three streets away and within walking distance to the Main Street Pier. Zoning is listed as 02BR1, and the remarks state zoning is confirmed for up to 10 units, with land use of 7 units per the property appraiser and zero code violations.

    With income already in place through active leases, the building can be a practical fit for investors seeking a stabilized multifamily asset, including buyers considering a 1031 exchange or portfolio expansion. The “High and Dry” X flood zone designation and the existing tenant base provide an operational foundation, while the potential to repurpose the on-site storage unit can support future unit count expansion if desired.
    Property Profile Location Intelligence

    Current Use by Public Records

    1031 exchange properties

    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 - Stabilized 7-unit building with a 2018 roof, on-site parking, and common patio in a designated X flood zone.
    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 multifamily property with long‑term tenants on active leases; 6–12 months remaining.; Reported 2018 roof plus solid mechanicals and on‑site parking for residents.; Common patio area for tenants and a large on‑site storage unit previously used as an apartment.
    More about this property
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