215 S Oleander Avenue Daytona Beach, FL 32118
Beachside duplex with renovation potential in Daytona Beach, Florida.
Property Features for 215 S Oleander Avenue
General Information
- Standard status
- Active
- Size
- 1,590 SF
- Property subtype
- Multifamily, Land
Building Details
- Year Built
- 1908
Listing office Realty One Group Evolve
Listing date May 25, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Rare beachside location in desirable Daytona Beach 32118 zip code.
- Duplex configuration (1/1 and 2/2 units) offers flexible living/rental options.
- Strong income potential for investors or owner occupants.
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 | $22.1k | $13.92 |
| − Vacancy | −$2.2k | −$1.39 |
| EGI | $19.9k | $12.53 |
| − OpEx | −$6.0k | −$3.76 |
| NOI | $13.9k | $8.77 |