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Two-Story Duplex
New
For Sale
$299,900

224 Kingston Avenue, Daytona Beach, FL 32114

Residential Income, Daytona Beach, FL

Property Size1,375 SF
Lot Size0.11 Acres
Price / SF$218.11
Days on Market1

Property Features for 224 Kingston Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
Parking features Driveway
Fireplace 1
Appliances Refrigerator, Microwave, Dishwasher, Convection Oven
Subdivision Highland Park
Directions From ISB/US 92, North on US 1, next street after Madison turn right on Kingston, duplex is second property on the Left.
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 3081
Legal 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

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1939
Floors in Building 2
Number of units 2
Flooring type Laminate
Listing Agency: LPT Realty, LLC
Listed By: Antonia Tate PLLC
Added: Oct 19 Last Checked: Oct 19 at 3:06PM
MLS# 1231915

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.

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Investment Insights

Based on property information with market context.

This two-story duplex in Daytona Beach contains 1,375 square feet on a 0.11-acre lot. The property was built in 1939 and includes laminate flooring, a fireplace, and driveway parking. Central heating and air conditioning are installed, and the home is served by public water and sewer. Appliances include a refrigerator, microwave, dishwasher, and convection oven.

The Beachside Seabreeze Historic District and the dining, retail, and entertainment area around Downtown Beach Street are about five minutes away. Daytona International Speedway and Tanger Outlets are approximately 15 minutes from the property.

Key Highlights

  • Two‑story duplex with 1,375 square feet of property area
  • 0.11‑acre lot
  • Built in 1939; features a fireplace and laminate flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,062
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,240 $241.2K
Cap Rate 7%
$172,314 $172.3K
Cap Rate 9%
$134,022 $134.0K
Market Conditions
NOI Build-Up for 1,375 SF
Gross rent
$19.1K $13.92/SF
− Vacancy
−$1.9K −$1.39/SF
EGI
$17.2K $12.53/SF
− OpEx
−$5.2K −$3.76/SF
NOI
$12.1K $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%
$241,240
Cap Rate 7%
$172,314
Cap Rate 9%
$134,022

Alternative Uses

Best Use
Multifamily LT 5
$172.3K
$150.8K – $201.0K (±1% cap)
NOI $12,062 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$149.7K
$131.0K – $174.6K (±1% cap)
NOI $10,478 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$405.4K
$354.8K – $473.0K (±1% cap)
NOI $28,380 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

987
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Central air and heat serve the residence, with driveway parking and a fireplace.
Where is this duplex located?
The property is located at 224 Kingston Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two‑story duplex with 1,375 square feet of property area; 0.11‑acre lot; Built in 1939; features a fireplace and laminate flooring
More about this property
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