12-Unit Renovated Apartment
For Sale
$1,995,000
208 N HALIFAX Avenue, Daytona Beach, FL 32118
Residential Income, DAYTONA BEACH, FL
Property Size8,400 SF
Lot Size0.23 Acres
Price / SF$237.50
Days on Market63
Property Features for 208 N HALIFAX Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
10+ UNITS
Bedrooms
12
Bathrooms
12
Full bathrooms
12
Rooms
Bathroom 11, Bedroom 6, Bedroom 8, Bathroom 2, Bathroom 10, Bedroom 9, Family Room, Bathroom 7, Bathroom 5, Bedroom 10, Bedroom 7, Bedroom 4, Bedroom 12, Bathroom 1, Bathroom 8, Bathroom 4, Bedroom 1, Bathroom 6, Bedroom 3, Bedroom 2, Bedroom 11, Bathroom 12, Bathroom 9, Bathroom 3, Bedroom 5
Interior features
Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat
Subdivision
MEMENTO
View
River
Directions
Follow I-4 E to US-92 E/W International Speedway Blvd in Daytona Beach. Take the I-95 N exit from I-4 E Follow US-92 E/W International Speedway Blvd to S Halifax Ave
Standard status
Active
APN
05-15-33-08-07-0050
Size
8,400 SF
Lot size
0.23 Acres
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
electricity
Taxes and HOA fees
Tax Year
2025
Tax Description
W 132 FT OF LOT 5 EXC STREET BLK 7 MEMENTO PER OR 7953 PG 4322 PER OR 8643 PG 4844
Tax Annual Amount
26881
Legal Description
W 132 FT OF LOT 5 EXC STREET BLK 7 MEMENTO PER OR 7953 PG 4322 PER OR 8643 PG 4844
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1974
Floors in Building
3
Number of units
12
Building materials
Block
Roof type
Shingle
Buildings
1
Listing Agency:
SLOANE REALTY, LLC
(407) 829-2418
Listed By:
Matt White
(407) 758-3166
Added: Aug 26
Changed: Oct 27
Last Checked: Oct 27 at 3:06AM
MLS# O6436885
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.
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Investment Insights
Based on property information with market context.
This three-story apartment property contains 12 one-bedroom, one-bath residences, each approximately 700 square feet, within 8,400 square feet of building area. Concrete-block construction, central air conditioning, and tenant-paid electric service are among its features. Ownership covers water and sewer. The 0.23-acre site includes tenant and guest parking.
A 2022 renovation addressed major building components and apartment interiors, including the roof, impact-rated windows and doors, HVAC systems, water heaters, electrical and plumbing systems, and interior and exterior finishes. Apartment features include solid-wood cabinets, stone counters, and stainless-steel appliances.
The property is on N Halifax Avenue in Daytona Beach, approximately 0.7 mile from Ocean Walk Village and 0.4 mile from the Atlantic Avenue commercial corridor. The Atlantic Ocean, Halifax River, Boardwalk, and Main Street entertainment district are also identified nearby.
A 2022 renovation addressed major building components and apartment interiors, including the roof, impact-rated windows and doors, HVAC systems, water heaters, electrical and plumbing systems, and interior and exterior finishes. Apartment features include solid-wood cabinets, stone counters, and stainless-steel appliances.
The property is on N Halifax Avenue in Daytona Beach, approximately 0.7 mile from Ocean Walk Village and 0.4 mile from the Atlantic Avenue commercial corridor. The Atlantic Ocean, Halifax River, Boardwalk, and Main Street entertainment district are also identified nearby.
Key Highlights
- 12 one‑bedroom, one‑bath apartments, each approximately 700 square feet
- 8,400‑square‑foot, three‑story building on a 0.23‑acre site
- Concrete‑block construction with a 2022 renovation to major systems and finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,008
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,280,160
$1.3M
Cap Rate 7%
$914,400
$914.4K
Cap Rate 9%
$711,200
$711.2K
Market Conditions
NOI Build-Up for 8,400 SF
Gross rent
$130.0K $15.48/SF
− Vacancy
−$13.7K −$1.63/SF
EGI
$116.4K $13.85/SF
− OpEx
−$52.4K −$6.23/SF
NOI
$64.0K $7.62/SF
Area
Volusia County, FL
Vacancy
10.50%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,280,160
Cap Rate 7%
$914,400
Cap Rate 9%
$711,200
Alternative Uses
Best Use
Apartment 5plus
$914.4K
$800.1K – $1.07M
NOI $64,008 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.48M
$2.17M – $2.89M
NOI $173,376 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
12
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,439
Businesses Nearby
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Business Placement
Demographics for 32118, FL
17,906
Population
16,390
Households
1.1
Avg Household Size
58
Median Age
31%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
4,263
Density / Sq Mi
$60,418
Median Household Income
$36,153
Median Earnings
$1,283
Median Rent
$339,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Each apartment has a one-bedroom, one-bath layout and central air conditioning.
Where is this apartment building located?
The property is located at 208 N HALIFAX Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 12 one‑bedroom, one‑bath apartments, each approximately 700 square feet; 8,400‑square‑foot, three‑story building on a 0.23‑acre site; Concrete‑block construction with a 2022 renovation to major systems and finishes
