224 Kingston Avenue Daytona Beach, FL 32114
MULTI_FAMILY - Daytona Beach, FL
Property Features for 224 Kingston Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3
- Parking features
- Driveway
- Appliances
- Refrigerator, Gas Oven
- Standard status
- Active
- APN
- 5338-09-06-0140
- Size
- 1,375 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 38-15-33 LOT 14 BLK F HIGHLAND PARK MB 5 PG 25 MB 16 PG 148 PER OR 5051 PG 4302 PER OR 5462 PG 0868 PER OR 8214 PG 4636
- Tax Annual Amount
- 3800
Utilities
- Heating system
- Central
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1939
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Carpet
- Building materials
- Frame
- Roof type
- Shingle
Listing agent Matthew Navarra (386) 589-7511
Listing office Realty Pros Assured 900 W Granada Blvd Ste 3, Ormond Beach, FL (386) 677-7653
Listing date Jul 13, 2026
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.
Located in Daytona Beach, the property is described as being just minutes from the beach and area shopping, dining, entertainment, and major highways, providing convenient access to local amenities.
The property is listed at approximately 1,375 square feet based on tax rolls and sits on a spacious lot described as providing ample parking and attractive curb appeal, supporting both investment and owner-occupant use.
Key Highlights
- Fully updated duplex built in 1939 with frame construction
- 2023 shingle roof
- Renovated kitchens and bathrooms with fresh interior paint
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 | $19.1k | $13.92 |
| − Vacancy | −$1.9k | −$1.39 |
| EGI | $17.2k | $12.53 |
| − OpEx | −$5.2k | −$3.76 |
| NOI | $12.1k | $8.77 |
