Four-Unit Multifamily
New
For Sale
$449,900
205 Shady Place, Daytona Beach, FL 32114
Residential Income, Daytona Beach, FL
Property Size2,160 SF
Lot Size0.11 Acres
Price / SF$208.29
Days on Market5
Property Features for 205 Shady Place
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 6, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 1
Parking
6
Parking features
Off Street, Assigned
Subdivision
Not In Subdivision
Lot features
Cleared
Directions
From Ridgewood Dr and Beville Rd: Go north on Ridgewood Dr to Shady Place. Turn right. Building is on the right.
Standard status
Active
APN
5339-64-00-0390
Size
2,160 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
40-15-33 LOT 39 ROWLADERS 3RD ADD MB 4 PG 179 MB 22 PGS 36-37 OF HIGBEES ADD TO DAYTONA DB L PG 704 MB 12 PG 98 & OF BETHUNE GRANT MB 1 PG 56 MB 12 PG 41 PER OR 4700 PG 3314 PER OR 6065 PG 1980 PER OR 6153 PGS 0444-0447 INC PER OR 6367 PGS 4453-4455 INC P
Tax Annual Amount
5570
Legal Description
40-15-33 LOT 39 ROWLADERS 3RD ADD MB 4 PG 179 MB 22 PGS 36-37 OF HIGBEES ADD TO DAYTONA DB L PG 704 MB 12 PG 98 & OF BETHUNE GRANT MB 1 PG 56 MB 12 PG 41 PER OR 4700 PG 3314 PER OR 6065 PG 1980 PER OR 6153 PGS 0444-0447 INC PER OR 6367 PGS 4453-4455 INC P
Utilities
Sewer type
Public Sewer
Heating system
Varies by Unit (Heating)
Cooling system
Varies by Unit
Water source
Public
Building Details
Year built
1950
Floors in Building
2
Number of units
4
Building materials
Fiberglass Siding
Listing Agency:
Compass Florida, LLC
(407) 203-9441
Listed By:
Nathaniel Ingram
(386) 316-7462
Added: Oct 9
Changed: Oct 12
Last Checked: Oct 13 at 3:06PM
MLS# 1231704
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.
This four-unit multifamily property contains 2,160 square feet across four residences and was built in 1950. All units are leased. Fiberglass siding, public water and sewer, and assigned off-street parking are among the property’s documented features. Heating and cooling configurations vary by unit.
The property is located at 205 Shady Place in Daytona Beach, Florida, in Volusia County. Its 0.11-acre site is served by public utilities.
The property is located at 205 Shady Place in Daytona Beach, Florida, in Volusia County. Its 0.11-acre site is served by public utilities.
Key Highlights
- Four‑unit multifamily property with all units leased
- 2,160 square feet on a 0.11‑acre site
- Built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,949
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,980
$379.0K
Cap Rate 7%
$270,700
$270.7K
Cap Rate 9%
$210,544
$210.5K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$30.1K $13.92/SF
− Vacancy
−$3.0K −$1.39/SF
EGI
$27.1K $12.53/SF
− OpEx
−$8.1K −$3.76/SF
NOI
$18.9K $8.77/SF
Area
Volusia County, FL
Vacancy
9.97%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,980
Cap Rate 7%
$270,700
Cap Rate 9%
$210,544
Alternative Uses
Best Use
Multifamily LT 5
$270.7K
$236.9K – $315.8K
NOI $18,949 @ 7.0% cap · market cap 4.21%
Second Best
Apartment 5plus
$235.1K
$205.7K – $274.3K
NOI $16,459 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$636.9K
$557.3K – $743.0K
NOI $44,582 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
Explore this area
Business Placement
Demographics for 32114, FL
34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
Check the figures for this property
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?
Quadplex - Four leased residences provide existing rental occupancy, with assigned off-street parking.
Where is this quadplex located?
The property is located at 205 Shady Place Daytona Beach, FL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Four‑unit multifamily property with all units leased; 2,160 square feet on a 0.11‑acre site; Built in 1950
