203 N Oleander Avenue Daytona Beach, FL 32118
MULTI_FAMILY - Daytona Beach, FL
Property Features for 203 N Oleander Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3
- Parking features
- Driveway, On Street
- Fireplace
- 1
- Appliances
- Refrigerator, Microwave, Electric Range, Dryer
- Standard status
- Active
- APN
- 5305-12-17-0180
- Size
- 1,540 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- LOT 18 EXC E 5 FT IN STREET RESUB BLK 17 MEMENTO MB 22 PG 12 PER OR 1749 PG 0432 PER OR 6171 PG 2801 PER OR 6171 PG 2802 PER OR 6185 PG 4903 PER OR 6655 PG 0522 PER OR 7284 PG 1599 PER OR 7482 PG 2227
- Tax Annual Amount
- 5416
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Window Unit(s), Central Air, Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Composition Siding
- Roof type
- Shingle
Listing agent Carlos Ring License #3201477 (386) 682-8800
Listing office Oceans Luxury Realty Full Service LLC 3162 S Atlantic Ave Ste B, Daytona Beach Shores, FL (386) 236-3700
Listing date Dec 27, 2024
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.
The property is located in Daytona Beach, Florida at 203 N Oleander Avenue, with the listing noting that the units are occupied. The site includes ample parking and a spacious yard.
The configuration supports income-producing residential use with two independent living spaces, while the shared laundry setup is centralized in the common storage area.
Key Highlights
- Multifamily property with both units occupied
- Front residence offers a 2‑bedroom/1‑bath layout
- Detached garage studio features a private 1‑bedroom/1‑bath unit
Local Financial Insights For Multifamily LT 5
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 | $21.4k | $13.92 |
| − Vacancy | −$2.1k | −$1.39 |
| EGI | $19.3k | $12.53 |
| − OpEx | −$5.8k | −$3.76 |
| NOI | $13.5k | $8.77 |
